Staff Reporter

Government stimulus is expected to support loan growth throughout the year.

Traction from its wealth management business will support profits.

Government support pushes the sector to an upward trajectory.

And HSBC steps up scrutiny of Russian clients amidst sanctions.

Bad loans to SMEs are on an uptick.

The group also reported a 40% surge in net profits for 2021.

The government said that digital assets are a threat to the nation’s financial system.

Jia Hang will be based in Singapore.

But consumers’ aversion to debt pulls back wider adoption, RFI Global found.

Regulatory forbearance is only delaying the inevitable, the ratings agency warned.

It’s the first fintech in SEA to acquire an established bank’s loan portfolio.

The working group is calling out to local organisations offering BNPL to join their ranks.

BNPL services could even inspire a lifetime of loyalty, according to GlobalData.

It is open from 10 .m. to 5 p.m. on weekdays.

Both reports to Vishal Kapoor, head of Citi’s TTS in Hong Kong.

Digital payment methods chip away at card use and bank transfers.   Buy now, pay later (BNPL) market is projected to grow at a compound annual growth rate (CAGR) of 40% through 2025 to become the fastest growing online payment method in Singapore, reports FIS.