Staff Reporter

Taiwan regulator fines Bank SinoPac $570k over regulatory rules breach

The FSC also ordered the bank to suspend its president for three months.

StanChart unveils first-of-its-kind affluent deposit account in Singapore

The new product is only available to its Priority Banking segment.

BEA launches digitised mortgage application services

Customers who apply for a $380k or above mortgage can get a cash rebate of up to 1.9%.

Regulators are the key to manage APAC banks rising cyber risks: S&P Global

The analyst said data breaches could prove crippling for individual banks.

Sacombank crowned top Bank of the Year award in Wholesale Banking Awards

It was hailed as Vietnam Domestic Technology & Operations Bank of the Year by Asian Banking and Finance.

Alipay+ to enable cross-border payments to South Korea for four Asian e-wallet

Users of these e-wallets can now pay over 120,000 merchants in South Korea.

AEON Credit H1 revenue soars 11.8%

Profit after tax increased by $22.52m

Bank of China warns public of fraud website

The fake website has been reported to the regulator and the Hong Kong police.

OCBC launches learners programme for the elderly

The programme aims to teach senior citizens how to use digital banking and avoid scams.

Bank of China Hong Kong raises prime rate to 5.125% per annum

The bank also adjusted its HKD savings deposit rate to 0.125% pa.

Bank of East Asia raises savings rate to 0.125% per annum

It is also raising its HK dollar prime rate to 5.375% pa.

Hang Seng Bank raises prime rate to 5.125%

HK dollar savings deposit rates with balances of HK$5,000 and above is now 0.125% pa.

Islamic finance professionals more open to adopting crypto, digital assets: survey

Lack of need to pay for interest rates appeals to conservative Muslims.

Banks’ commercial real estate woes in China to persist for two more years: report

Property developers just posted their worst first-half earnings in over a decade.