Staff Reporter
Unsecured lending pushes Philippine banks’ retail lending growth
Unsecured lending pushes Philippine banks’ retail lending growth
Salary-backed general consumption loans jumped 68.8%.
Macau Pass to provide acquiring services to SEA e-wallets
The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
India’s Muthoot Financial retains stable asset quality, moderate profits
Credit costs have also been at a low 0.1% to 0.2% since March 2019.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
Mastercard unveils new Data & Services hub in Malaysia
The company’s D&S experts work with nearly 4,000 clients over 120 countries.
Indonesia, Laos central banks ink cooperative agreement
The partnership was signed last 2 May.
UBS appoints new CFO following Credit Suisse’s takeover
Todd Tuckner will take on the CFO post at the close of the acquisition.
Australia’s Airwallex expands to Israel
Or Liban has been appointed as the company’s head of Israel and the Middle East.
OCBC hits record net profit, declares S$1.68 EPS for Q1
Net profit of S$1.88b is 39% higher than in Q1 2022.
GXS Bank launches brand in Singapore with GXS FlexiLoan, campaign
GXS collaborated with three local artists to create the key visuals for the campaign.
1 in 5 of OCBC’s home, renovation, and car loans now green
The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.
WhatsApp launches payment feature in SG
Users will be able to send payments to merchants.
Indonesia, Malaysia launch cross-border QR payment system commercially
The project is now open to the public after more than a year since its pilot phase.
Korea, Indonesia central banks ink MOU for bilateral trade: report
It reduces companies’ exposure to exchange rate risks.
Thought Leadership Centre
In Association with
Most Read
1. DBS surpasses US$100b market cap 2. DBS first to accept CPF LIFE payouts for credit card applications 3. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 4. Citi to slash 3,500 jobs in China 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
