Staff Reporter
Standard Chartered, IATA launch airline payment platform in India
Standard Chartered, IATA launch airline payment platform in India
IATA Pay offers instant payment options such as UPI Scan & Pay and UPI Collect.
Maybank reports $1.93b net profit for FY2021
Q4 2021 net profit rose to $330m.
BEA closes 2021 with 45.8% surge in attributable profits
The bank got a boost from a significant reduction in impairment losses.
APAC banks face lower credit losses: S&P
Credit losses in 86 banking systems globally are expected to equal $635b in 2022.
Dah Sing Bank announces more temporary closure of branches
The bank recently closed its Causeway Bay branch.
OCBC closes 2021 with 35% surge on profits
Proposed final dividend was increased to 28 cents per share.
DBS Digital Exchange poised to become key player in digital assets
The members-only exchange is one of the world’s first bank-backed digital exchanges.
Standard Chartered names global heads for CPBB business
Xie Wen and Mohamed Kerain are tasked with growing SC’s CPBB business.
Standard Chartered appoints Jessie Li as head of consumer, private, business banking
Li served as Hang Seng Bank China deputy chief executive and head of retail banking and wealth.
Thailand banking system rallies to higher profits in 2021
Net profit is 23.6% higher compared to 2020.
Thailand banks’ loans grew 6.5% in 2021
But gross non-performing loans rose slightly during the year.
HSBC appoints former JP Morgan exec as new COO
The new COO has experience in AI and analytics for business operations
Singapore's carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
MAS extends facility to support bank lending to SMEs
This is to complement Enterprise Singapore’s temporary bridging loan programme for SMEs.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
Dah Sing Bank temporarily closes Causeway Bay Branch
A branch staff member tested positive for COVID-19.
Commentary
The Asian connection: China's path to sustainable growth