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MariBank launches new investment offering
MariBank launches new investment offering
The Mari Invest Income offers zero transaction fees with S$1 minimum investment.
Romance scams expose banks to reputational risks, fines: Moody’s
Romance scam-linked entities rose to a six-year high in 2024.
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Earnings per share is HK$9.33; whilst total dividend is HK$6.8.
Thai banks’ lending dip 0.4% in Q4 2024
Central bank says there is need to monitor SMEs and households’ ability to repay debt
PH central bank unveil council for strengthening cyber resilience
The council will implement the BSP’s Financial Services Cyber Resilience Plan.
Sumitomo Mitsui unveil Grantee Introduction Services
Customers will be connected to entities and institutions that support education.
HSBC sells Bahrain retail banking business
It expects to complete the transaction in Q4 2025.
Singapore’s business support measures to sustain banks’ asset quality
Wealth management income will benefit from stock exchange-related incentives.
UOB net profit rises 6% to $6b in FY24
It will return $3b to shareholders over the next three years.
HK credit card receivables rebound 7.9% to $162.2b in Q4 2024
The combined delinquent and rescheduled ratio remained stable at 0.4% at the end of Q4.
EBANX secures MPI license approval in principle
This approval enables EBANX to offer a comprehensive range of payment services in Singapore.
Standard Chartered named banking partner for StraitsX stablecoins
The partnership aims to enhance the reserve management of StraitsX’s stablecoins.
Southeast Asian countries' credit growth diverges
Thailand has been hit with weak economic growth, whilst
ABS warns of rise in card phishing scams
Banks will roll out additional verification, the ABS said.
Westpac cuts home loan, deposit interest rate by 0.25%
Westpac Life and Westpac eSaver rates are affected.
DBS names new group heads of corporate & SME arm, operations
Chen Ze Ling and Welson Jamin will take over the roles, respectively.
Hang Seng enhances dementia-friendly services in branches
Each of its branches now has a trained dementia-friendly ambassador.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
