Staff Reporter

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 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.

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.