Staff Reporter

Philippines’ BSP holds interest rates at bay

The central bank, however, warns of upcoming inflation.

SG's investment banking fees rise 30.2%

Investment banking activities generated $725.5m in fees.

Navigating the Personalisation and Privacy Paradox in the Context of Digital Transformation of Banking in Southeast Asia

Despite the pandemic, Southeast Asia’s commercial and retail banking vertical has been flourishing, with investors ready to fund more digital banking initiatives in the region.

FavePay teams up with Google Pay to offer cashback to Singapore users

Google Pay users can get up to a 20% cashback when they pay through SGQR.

Japan’s MUFG sells US retail bank subsidiary to US Bancorp in $8b deal

It is exiting the retail banking business to refocus on corporate transactions.

Indonesian fintech startup Komunal clinches $2.1m Series A funding

The company offers Neo-rural bank services locally.

Relaxed regulation heightens Thailand banks’ systematic risks: S&P

NPL ratio is expected to rise to its highest since the 2009 financial crisis.

New bank players from Thai, Malaysia agreement face limited growth prospects

The latest licensed banks in Thailand have loan market share below 0.5%. 

UOB injects $88m in fresh capital for Vietnam charter

The capital injection was approved by the State Bank of Vietnam.

More mergers in the horizon for Islamic banks in South Asia, SEA

For smaller players, this may be their best bet to protect their assets.

Manulife, DBS launch flexible retirement product in Singapore

RetireSavvy allows Singaporeans to adjust their retirement plans.

Citibank named top bank in Singapore customer experience study

Its net promoter score rose 35% in 2021 from end-2020.

Singapore-based fintech Thune appoints Irina Chuchkina as new CMO

Chuchkina has 15 years of experience in the fintech industry.

Vietnam’s HDBank clinches $50m loan to finance green projects

Green projects have the potential to create over 1,350 jobs in the country.