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Korea Eximbank issues $580m Kangaroo bonds
Korea Eximbank issues $580m Kangaroo bonds
This is the largest amount raised by a South Korean lender.
Bank of Shanghai to have sound asset quality, profitability at 0.7%: Moody’s
The bank’s net income/tangible assets fell to 0.74% in 2022 due to a decline in net interest income and fee income.
UOB partners with Jewel Changi for cards campaign
This campaign aims to expand its reach toward ASEAN countries.
Ping An Bank commits first loan for carbon capture project in China
The project is valued at RMB180m ($24.8m).
Thailand’s KTC, Ant Group launch Alipay+ services in Thailand
Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.
MAS kicks off public consultation for code of conduct of ESG ratings, data products
The proposed code will establish minimum industry standards of transparency in methodologies and data sources.
SG’s PayerMax receives licence from Indonesia’s central bank
This makes Indonesia its sixth market to obtain a licence.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
MAS forms Project Guardian Industry Group with 11 FIs
The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks.
Asian Banking & Finance Summit returns to Singapore in September
After years of virtual conferences, this year’s event is the first to be held in person.
Alipay+ payments now accepted across 2,400 7-Eleven Malaysia stores
Users of AlipayHK, GCash, Kakao Pay, and TrueMoney can now use their mobile wallets in these stores.
Vietnam’s HDBank sets up Korea desk
It will provide Korean corporates with specialized banking products and services.
SBI Holdings now own 53.74% stake in SBI Shinsei Bank: report
Shinsei is preparing to delist and return $2.43b in public funds.
South Korean outlines new measures to improve FI's internal controls
Financial companies must clearly designated internal control responsibilities of each exec.
CIMB emphasises promise of SME assistance
CIMB has granted over RM1.0b ($210m) in financial payment SME relief assistance
Islamic Development Bank, WHO start healthcare investment platform
The Islamic Development Bank is part of the collaboration where Malaysia and Indonesia are country members.
NIM to offset China CITIC Bank elevated credit costs: Moody’s
The reopening of mainland China will drive sales of wealth management and insurance products.
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