Staff Reporter
South Korean banks to ease lending criteria in Q2: report
South Korean banks to ease lending criteria in Q2: report
The incoming new president had emphasized need to ease lending rules.
Taiwan bad loans climb to $2.24b in February
NPL ratio of all 39 domestic banks also increase to 0.18%.
Outseer spearheads round table discussions in “Accelerating Growth in Digital Finance Series”
Outseer Lead of Payments Security in APJ Ramesh Nagarajan to lead talks.
Citi launches its Sustainable Trade and Working Capital Loans solution
It aims to give liquidity for international trade finance activities and other commercial activities.
ING appoints new APAC head of Sustainable Finance
He will be based in Singapore.
APAC investment banking fees drops 8.5% in Q1 2022
This comes after its all time high in the same quarter last year.
Hugosave secures MPI licence from MAS
The company can now offer services exclusive for MPI licence holders.
Weekly Global News Wrap: Gender pay gap in UK banks at 32.1%; Spain mulls creating consumer protection authority
And over 200,000 globally apply for internships at Goldman Sachs.
Crypto and DeFi cannot circumvent Russia financial sanctions: MAS
The regulator said appropriate measures will be taken for FIs who will breach these sanctions.
India’s HDFC Bank merging with housing company HDFC
Post completion, HDFC Bank will be owned 100% by public shareholders.
CIMB Niaga, Sun Life Indonesia deepen bancassurance partnership
Sun Life will provide insurance solutions to CIMB Niaga’s customers through all channels.
Four in five Singaporean Gen Z have tried to go fully cashless: Visa
And 6 in 10 SG consumers tried to go cashless in bills payment.
Korean online banks’ loans up 8% in Q1
Newly-launched Toss Bank extended the most loans.
Fintech Pace launches BNPL payment card in Singapore
Consumers can use the card for online purchases with Pace merchants.
Tonik hires former Google and Facebook exec
He will take on the role of Chief People Officer.
Supporting multinationals to uncover ambitions in Asia
Citi views sustainable financing as both a mandate and an opportunity to partner clients in their ESG journey.
RHB appoints Mohd Rashid Mohamad as new group CEO
He formerly served as managing director of group wholesale banking.
Commentary
The Asian connection: China's path to sustainable growth