Staff Reporter

Synergy with parent company MUFG will help grow its corporate and SME loans.

And US banks expected to report lower earnings as they brace for economic slowdown.

Users can defer payment for a month for every 12 month tenor they take.

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

BNPL brand Afterpay served 20 million customers in Australia alone.

Aggarwal will oversee the card payment provider’s activities across South Asia and India.

Robinsons Retail will purchase 4.4% interest in the Bank of the Philippine Islands.

It has an 18 month lock-in period and offers a 0.65% discount for a limited time.

Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019.

Ahmed has worked in Citi for over 40 years.

Southeast Asia’s financial services institutions (FSIs) are bracing themselves for another year of volatile geopolitical and economic conditions, with record-high inflation and rising interest rates. But those willing to push the digital envelope will find new pockets of growth to help them remain resilient and become future-ready. For this to happen, FSIs need their executives to embrace a digital-era transformative mindset – one that builds skills, flexibility and agility, preparing their organizations to pivot at any moment.

We’re taking the time off and will be back on 9 January 2023.

Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.

The exit does not include its institutional business, Citi said.

They will continue to finance energy companies at a corporate level to help them transition.

Their share of system assets in 2021 is just 1.4%, with only a 0.5% growth.