Staff Reporter
Standard Chartered appoints Jessie Li as head of consumer, private, business banking
Standard Chartered appoints Jessie Li as head of consumer, private, business banking
Li served as Hang Seng Bank China deputy chief executive and head of retail banking and wealth.
Thailand banking system rallies to higher profits in 2021
Net profit is 23.6% higher compared to 2020.
Thailand banks’ loans grew 6.5% in 2021
But gross non-performing loans rose slightly during the year.
HSBC appoints former JP Morgan exec as new COO
The new COO has experience in AI and analytics for business operations
Singapore's carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
MAS extends facility to support bank lending to SMEs
This is to complement Enterprise Singapore’s temporary bridging loan programme for SMEs.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
Dah Sing Bank temporarily closes Causeway Bay Branch
A branch staff member tested positive for COVID-19.
Taiwan SME loans reach $310b in December 2021
The FSC also reported numbers on credit card, cash card, and e-payment businesses.
DBS rolls out cybersecurity training course for 280,000 SMEs
The two-hour course is made up of 10 modules.
China’s card payments market to hit $34t by 2025
The market is expected to register a strong growth of 17% in 2022.
Industrial Bank of Korea fined $3.93m for selling fraudulent funds
IBK sold fraudulent funds of Discovery Asset Management, according to FSC.
Scammed? OCBC Bank clients can activate 'kill switch' to freeze accounts
This includes access to current/savings accounts, ATMs, debit/credit cards, and digital banking.
Chart of the Week: Singapore card payments value to grow 8% in 2022
Contactless cards are a key driver of growth.
UOB net profits jump 40% to S$4.075b in 2021
Wealth management and loan fees hit record highs.
Maybank Asset Management Malaysia launch Shariah-compliant retirement solution
The funds aim to achieve a 6% to 8% return per annum.
Thought Leadership Centre
Most Read
1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 4. NAB invests $55m to upgrade over 100 branches across Australia 5. Airwallex gains capital markets services license in SingaporeResource Center
Read Here
Advertise
Sign Up
Event News
The digital bank was recognised as the Digital Bank of the Year - Hong Kong at the Asian Banking & Finance Retail Banking Awards 2025.
Commentary
What kids without wallets can teach us about the future of finance
What is best practice when setting up an in-house bank?
How technology and regulation are reshaping the lending landscape
Protecting against the mobile Trojan horse in your pocket
Beyond the code: How mobile banking is weaving a new financial narrative in Asia