Staff Reporter
Standard Chartered Bank (Hong Kong) soars at the ABF Retail Banking Awards 2021
Standard Chartered Bank (Hong Kong) soars at the ABF Retail Banking Awards 2021
The bank and several of its projects have been recognised by the industry for their remarkable achievements.
Loan forbearance extension clouds Indonesian banks’ asset quality for longer
The extension is a positive for their asset quality and profits, but credit costs will remain elevated.
How Advanced Analytics and Emerging Technologies can save Financial Intuitions against Digital fraud
The 60-minute webinar go live on 23 September 2021, 11am Singapore time.
Citi unveils help desk to help Chinese emerging companies expand in Singapore
Clients will be able to access advice about local operating and regulatory environments, amongst others.
UOB subsidiaries now cross-currency dealers in China, Indonesia
This makes UOB the first Singapore bank to hold this status in both markets.
OVO dominates Indonesia as digital payment platforms
It also leads in both brand awareness, usage, and active users.
Binance to cease select Singapore services
It will be removing its app from the Singapore iOS and Google Play Store.
Citi boosts Asia ECM team with new hires
A couple of former JP Morgan bankers are joining the global bank’s ECM crew in Asia.
CIMB Niaga, JCB launch contactless credit card In Indonesia
Transactions below $70 (IDR1m) do not require customers to enter a pin.
BNP Paribas in talks with China’s AgBank to form wealth JV: report
A source said that BNP Paribas will hold a majority stake in the planned venture.
Singapore joins multi-central-bank project to test CBDC use for international settlements
The BIS Innovation Hub’s Singapore centre will lead the project.
Australia mulls requiring banks to offer lower-cost debit payment systems: report
Federal treasurer Josh Frydenberg has written to regulators to allow businesses to choose cheaper domestic systems.
Bank of Singapore names new global head of Investment Advisory Solutions
Vivienne Chia will bring with her over 20 years of experience.
CIMB Philippines launch revolving credit product REVI Credit
It can grant as high as a $5,000 credit line to customers.
MUFG appoints Stephane Alex as head of Flow FX Sales EMEA and Asia
Alex will be based in Singapore.
Digital Wallet Group acquires REPL
The firm plans to expand mobile remittance technology in the country.
Expect failures amongst Hong Kong’s virtual-only banks: S&P
Digital lenders are currently at a loss-making and some may fold over the next few years.
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