Staff Reporter

The CEO remains confident despite regulatory risks.

Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional finance.

Converging business with technology can improve profitability and performance.

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

The collaboration with SCB has the largest contribution to FWD Thailand’s business.

The appointment follows Mason Stevens’ expansion plans.

It is increasing its workshops to thrice a week from only twice a month.

This comes after the bank onboarded 100,000 people in 10 days after launch.

Profits include a provisional gain of $1.5b from SVB Bank UK acquisition in March.

The facility will enable RHB Malaysia to convert its SGD-denominated proceeds to US$.

Net income reached HK$15.23b.

The collaboration follows the MOU on Cybersecurity Cooperation between the institutions in August 2021.

Board has declared a dividend of SGD 42 cents per share.

The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.

Its loan balance has surpassed HK$1.3b as of end 2022.

There have been more comments from foreign firms on the difficulties of opening a bank account.