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Bank Rakyat Indonesia issues new green bonds worth IDR6t
Bank Rakyat Indonesia issues new green bonds worth IDR6t
This is in line with the BRI’s commitment to sustainable finance.
Golden Week drives Alipay spending by Chinese tourists
The average spending has surpassed pre-COVID-19 levels
Fintech funding in SEA freefalls 74% in Q3
Rising interest rates, macroeconomic factors, and fear of reduced startup valuation caused this downfall.
Citi sells onshore consumer wealth portfolio to HSBC Bank China
The transaction is estimated at $3.6b.
GCash operator Mynt buys payment platform from Globe for $41m
This comes ahead of plans for GCash to launch an IPO.
SG’s financial sector welcomes automation amidst economic uncertainty
20% of staff have noted resistance to the overall process of automation.
DBS, Univers ink deal to concoct digital solutions toward net-zero
Pilot tests will initially involve DBS' SME clients in Hong Kong, India, Mainland China, and Singapore.
UOB assembles panel for sustainability advising
Industry experts were handpicked to lead the panel.
Non-bank and housing financers to see robust loan growth in 2024: Ind-Ra
Diversified large NBFCs might turn to public debentures.
Ripple obtains MPI license in Singapore
Singapore is one of Ripple’s fastest growing markets, it said.
Malaysian banks face flattish NIMs amidst slower-than-expected loan growth
Dividend yield will remain attractive, however, says UOB Kay Hian.
Endowus teams up with world’s third largest private equity firm
EQT funds are now available to Endowus private wealth clients in Singapore and Hong Kong.
Sygnum Singapore obtains major payments institution license
It can now operate its DPT brokerage service in Singapore.
UOB joins LCH SwapClear and ForexClear as as direct clearing member
UOB is the first SEA bank to join ForexClear as a direct member.
Bank of China Hong Kong kicks off pilot for e-HKD use for prepaid services
BOCHK hopes to create a new business model for retail SMEs.
Global Payments and Visa launch mobile tap payment solution in SG
Sellers will facilitate payments easily using smartphones.
Central bank announces new savings bond with average yield of 3.32%
Its amount offered is at $1b.
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