Staff Reporter
Hong Kong finance experts on optimizing customer journeys whilst mitigating fraud risks
Hong Kong finance experts on optimizing customer journeys whilst mitigating fraud risks
LexisNexis Risk Solutions and Asian Banking & Finance's latest webinar discussed ways on how the most tech-savvy banks are safeguarding their clients' data whilst not compromising services.
Over $6b of Indian banks’ loans in possible jeopardy: report
Future's botched sale of retail assets could lead to problems for State Bank of India, other lenders.
ABA Bank was recognised with the Domestic Retail Bank of the Year - Cambodia at ABF Retail Banking Awards 2021
Their remarkable milestones and outstanding figures led them to be at the forefront of modern finance and digital transformation.
Singapore banks push ahead to post-pandemic era
Significant loan book exposure in China is helping them recover faster than their regional peers.
Bank of Thailand base rate to hold through 2022: Fitch
This comes at the back of a bleak economic outlook due to the recent COVID-19 outbreak.
Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses
It will take place from 8 to 12 November as a hybrid event.
Singapore banks post robust net profit results
All three major banks reported net profits of more than $2b for the first six months of 2021.
The Dawn of Open Platforms in Capital Markets
The past decade has witnessed incredible innovation in global capital markets, and the rapid pace continues. Regulatory changes designed to seek risk mitigation and boost transparency as well as enhance asset stability have drastically changed the economics of capital market technology demands and business models.
Weekly Global News Wrap: HSBC’s US investment arm raises new analysts’ pay to $100,000; Citi, HSBC, other firms move to close Asia’s coal-fired plants
And JPMorgan’s new healthcare unit invests $50m in Vera Whole Health.
DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced
Fee income rose to a record as wealth fees hit new heights.
Myanmar limits foreign staff allowed in domestic banks: report
Major banks can now employ no more than 25 foreign staff.
Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan
After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.
BNPL continues to gain traction with Square’s $29b acquisition of Afterpay
Afterpay accounts for 7.7% of Australia’s e-commerce market.
What keeps young Muslims from embracing Islamic banking?
The lack of available online banking options will be a dealbreaker for most.
OCBC net profit soars by 86% to $2.6b in first half
The net profit growth was driven by a robust banking and insurance performance.
UOB net profit up 29% to $2b in first half of 2021
Its wholesale banking revenue was driven by large corporate and institutional clients from Singapore and Greater China.
Thai banks sufficiently buffered against ongoing risks: Fitch
Escalation of the pandemic in Thailand will significantly affect business activity in H2.
Commentary
The Asian connection: China's path to sustainable growth