Staff Reporter
UOB, ADDX digitise S$50m of Sembcorp’s sustainability-linked bond
UOB, ADDX digitise S$50m of Sembcorp’s sustainability-linked bond
They made use of blockchain and smart contact technology to achieve this.
Commercial banks to take intermediary roles when CBDCs roll out: S&P
Central banks will prioritise financial stability in this undertaking.
How Islamic banks boosted their reputation during the pandemic
Bank Rakyat was the most favourably-covered bank in the past year.
Maybank Singapore unveils new home mortgage, renovation green loans
The bank expects to process over 500 sign-ups yearly.
Why Malaysian banks are spending more on financial wellness apps
They spent the most amongst other markets in the Asia Pacific region.
Citi appoints head of natural resources & clean energy transition in Asia
William Pang will work with other NRCET leaders globally.
Only six new digital banks in the Philippines for now: BSP head
All nine additional applicants failed to submit documents.
South Korea kicks off cash-back rewards program to boost card use
Card users can receive up to $85 in cashback rewards per month.
MAS, Singapore banks build digital platform against money laundering
This will allow sharing of customer and transaction data on money laundering cases.
Independent Reserve gets crypto licence from MAS
It is one of the first virtual asset service providers to obtain full licensure approval.
MAS grants DBS brokerage arm crypto licence
The monetary authority also granted one to an Australian firm.
Hong Kong bankers’ exodus accelerates amidst strict quarantine rules: report
UBS recently shifted to two senior bankers and might move eight more to China.
Citibank Asia invests in transformation to keep winning through
Agility, innovation, flexibility, and fast results defined the bank’s new strategy.
Citibank Asia’s director of Applications, Himanshu “HeMan” Shrivastava, acknowledged the challenges Citibank Asia faced to stay and win in the competition; and how investing in the right solutions made a huge difference.
Beating the banking disruptors with digital decoupling
TIBCO Software’s head of Financial Services UK & Ireland, Richard Price, gives much-needed insights on how traditional banks can keep up with the times.
4 in 5 banks prioritises people over products
81% of banks seek to differentiate their customer experience.
HSBC, Temasek partner to fund sustainable infrastructure projects in Asia
The two hope to dispense over US$1b of loans over the next five years.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth