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HSBC Singapore extends S$6m green loan to Durapower Group
HSBC Singapore extends S$6m green loan to Durapower Group
Durapower will use the loan for its lithium-ion energy storage solutions.
Weekly Global News Wrap: UBS posts best quarterly profits in six years; Italy’s Monte dei Paschi rescue deal collapses
And Citigroup warns of charges related to the closing of S. Korea consumer business.
OCBC extends S$148m green loan to Tong Eng Group unit
It is the bank’s first green loan to use the BCA’s BEEA tool.
DBS names Soh Kian Tiong as chief risk officer
He has over 25 years of experience in business and risk roles.
ING appoints new head of wholesale banking for APAC
Anju Abrol has over 30 years of banking experience.
Deutsche Bank hires former HSBC head
Tse Yi-Mun will lead the bank’s north Asia branch as its managing director and group head.
China deems 19 banks 'too big to fail'
These banks face new capital and regulatory requirements.
DBS Hong Kong, China’s PSBC to offer services under Wealth Management Connect
PSBC is one of the largest state-owned banks in China.
Standard Chartered Hong Kong launch WMC services
Clients can now purchase SC Hong Kong’s wealth management products.
Citi Hong Kong, CGB team up to offer wealth services under Wealth Management Connect
Citi plans to offer around 100 types of wealth products from the mainland.
Indonesia’s Bank Raya, BRI unveil online loan facility for BRILink Agents
Agents can apply for the loan through the BRILink Mobile application.
FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s
Delayed goals and actions would hurt banks’ asset and loan quality in the future.
South Korean banks’ loan delinquency ratio up in August: report
The delinquency ratio has been on the decline since May 2018.
Taiwan card payments market to be worth $187.7b by 2025
The market is forecasted to rebound by over 15% in 2021.
Maybank Singapore unveils mixed Shariah-compliant investment fund
The fund aims to achieve a potential monthly dividend payout of 5% per annum.
TIBCO podcast highlights post-COVID technology essential for banks and fintech firms
Its Vice President of Solution Consulting in Singapore discussed how to bridge the digital gap and humanise the banking experience in the new normal.
South Korean bank’s household loans rise faster in September: report
There is an increased demand for loans for home purchases and 'jeonse.’
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Bank of America appoints Phil Carmalt as head of APAC GPS 4. HSBC Singapore unveils wealth centre at The Star Vista mall 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
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The Asian connection: China's path to sustainable growth