Staff Reporter
New Zealand’s card payments market to rebound 10.3% in 2021
New Zealand’s card payments market to rebound 10.3% in 2021
The market is expected to top $83.2b in four years’ time.
South Korean banks’ average mortgage rates hit three-year high: report
The 3.26% interest rate average is its highest since November 2018.
Deutsch Bank Wealth Management announces three new leadership appointments
Felicia Tan and Edmund Lee join from BNP Paribas; Dita Darmawan, from UBS.
Sacombank delivers seamless service through top-notch eBanking technology
With its pioneering investments in technology and cybersecurity, Sacombank provides unmatched convenience and security for its clients.
Online shopping drives expansion of alternative payments’ use in APAC
China’s alternatives will account for 70% of e-commerce transaction value in 2021.
Weekly Global News Wrap: JP Morgan CEO apologises for CPP joke; Leadership shake-up tests Mexico’s financial regulator
And China urges lenders to extend support to advanced manufacturers, other industries.
DBS’ suffers digital bank service glitch; MAS mulls taking supervisory action
DBS Country Head Shee Tse Koon has apologised for the disruptions.
Taishin Bank’s comprehensive solutions drive more efficient transactions, personalised services
It has remained a key player in M&A deals notwithstanding the effects of the COVID-19 pandemic.
Citi hiring 100 roles to boost blockchain, digital assets expertise
The bank has also unveiled three new senior roles.
Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong
The loan is unsecured and has a tenure of three years.
MUFG Bank appoints head of institution investors coverage for Asia
Weehuizen has over 18 years of banking experience in APAC and Europe.
Profits of Japan's megabanks to rise in next 12-18 months
All three banks’ profits jumped over 60% for the first six months of the current fiscal year.
HSBC appoints co-heads for commercial banking business in Asia: report
Amanda Murphy will lead South Asia and SEA whilst Frank Fang, the GBA.
4 in 5 Singaporeans prefer online methods of banking: survey
Less than one in ten, or only 4%, concentrate their banking activities at the ATM.
Deutsche appoints ex-UBS exec as wealth vice chairman in APAC
Mahesh is rejoining Deutsche after leaving in 2017.
What do SMEs expect from modern payment solutions?
ABF spoke with industry experts from Mastercard, Enterpryze, Boku, and Xfers to learn more.
Wider adoption of e-CNY poses risks to China’s banking system: Moody’s
Digital renminbi will test banks’ ability to address risks.
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