Staff Reporter
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Hang Seng Bank’s profits up 1% to HK$11.3b in H1
Net interest income and net operating income both rose.
HSBC’s profits after tax dip 2% to $17.7b in H1
The bank recognized a $1.2b impairment for the sale of its Argentina business.
Liew Nam Soon delves into digital strategies and their impact on customers
He discussed the five sector-specific developments that financial services organisations across Asia-Pacific need to manage to be successful.
APAC boasts highest digital wallet spending in the world
China, Japan, and Singapore are frontrunners in digital wallet adoption.
BOCHK to conduct system maintenance on 4 August
Some services will be unavailable until 12NN.
GXS Bank CEO Charles Wong steps down
Wong will become an advisor for the digital bank.
‘Robust’ revenues lifted BPI to record net income in H1
Earnings per share is PHP5.8 for the period, a 14% increase.
Higher margins, lower opex buoy Bank Central Asia’s profit growth in Q2
Net profit for the first six months of the year is $1.65b, 11% higher than in H1 2023.
BRI reports $1.83b (IDR29.9t) profit in Q2
President director Sunarso hailed their credit distribution and DPK.
UNO Digital Bank bags Digital Banking Award - Philippines with its inclusive services
It brought home the ABF Fintech Award 2024 for disrupting the Philippine financial landscape by providing greater inclusivity and accessibility.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
BDO Unibank's net income up 12% to $357.7m in Q2
Total net income for H1 is $673.86m, according to data from the stock exchange.
Maybank names Alice Tan as head of group wealth management
Tan will continue on her role of Maybank’s head of wealth mgmt for Singapore.
Japan’s Concordia FG sees strong loan growth and improving profits
Its strong franchise base in Kanagawa Prefecture is an advantage.
MAS reprimands RVP One for SFR breaches
RVP failed to submit financial returns for 3 years, according to MAS.
Mashreq Private Banking celebrates Excellence at the ABF Retail Banking Awards 2024
The bank’s solutions have brought significant value to clients and other stakeholders.
Mashreq solidifies position in SME banking with suite of enhancements
Its innovations have provided the sector with a wider array of banking services, improved access to banking, and enhanced customer experience.
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