Staff Reporter

Singapore’s fintech funding hit three-year high for an H1 period, but fizzles from H2 2021

The funding was the highest for a first-half period since 2019, but 15% lower than in H2 2021

BOC Hong Kong arranges $115.8m green-linked loan for China Overseas Land & Investment

COLI will enjoy savings in borrowing costs should it meet performance targets.

KPMG launches embedded finance hub in Singapore

It will run for 2 years and provide incubation support to institutions.

ABA Bank leads the digital transformation journey for financial inclusion

It has been paying attention to the technologies in the industry as well as the needs of the customers.

Deutsche Bank opens first Bangladesh office

It is their 15th market to be active in.

Citi Hong Kong names Vicky Wong as consumer business manager

She was Standard Chartered’s regional head of wealth management for Greater China, North Asia, and Hong Kong.

Public Bank teams up with Sunway Property for financing green development projects

Customers can avail of a special sustainable financing package.

APAC’s non-bank financial institutions face liquidity challenges: S&P

One NBFI failure is enough to trigger a domino effect and collapse a whole market.

CIMB Singapore raises deposit interest rate tenfold to up to 2% annually

StarSaver savings account holders can enjoy the new rate without any deposit caps.

American Express opens exclusive lounge in SG for Centurion card holders

Members can enjoy a complimentary welcome cocktail when they visit.

New Zealand card payments market to be valued $67.1b in 2026

On average, each NZ individual holds over three cards, GlobalData found.

Standard Chartered, FairPrice-backed Trust Bank launches in Singapore

A total of S$400m was invested by its shareholders, the neobank said.

RHB Singapore raises deposit interest rates to up to 5.5%

It attributed this to the “recent spate of competitive rising rates by local banks.”   RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.