Staff Reporter
Visa inks MOU with Vietnam's FPT to modernize public services
Visa inks MOU with Vietnam's FPT to modernize public services
They aim to expand access to finance by equipping SMEs with business credit cards.
PH central bank completes proof-of-concept test for wholesale CBDC
Project Agila enabled banks to transfer funds during off-business hours.
CommBank walks back on account migration
Select accountholders would have been moved to a tier that has an A$3 withdrawal fee.
HKMA holds public consultation on proposed banking ordinance enhancements
It aims to align local regulations with international standards.
Bank of East Asia taps Bi Ming-qiang as deputy chief executive
He brings 27 years of experience in the banking sector.
China's G-SIBs on track to meet minimum TLAC: Fitch
The five banks have issued about $110.12b in capital instruments yearly since 2019.
SG banks see over 1,800 cyberattacks weekly in past six months
The financial sector ranks as the third most targeted industry.
Asian banks score poorly in accountability mechanisms: survey
Across four key areas, the banks scored 3.5/10 on average.
Standard Chartered eyes $200b in net new money in next five years
The bank plans to expand its relationship manager team by 50%.
South Korea compliant with Basel standards
These evaluations are part of the committee’s Regulatory Consistency Assessment Programme.
Deutsche Bank appoints Leo Yin as president of its China operations
He will report to Rose Zhu, chief country officer of Deutsche Bank China.
Affluent investors in SG demand more integrated wealth management solutions: survey
Wealthier individuals are particularly receptive to automated solutions.
Chinese banks see improved earnings in Q3
Interest income and fee income declines narrowed.
Cross-border shopping, e-wallets to shape Philippine payments in 2025
Evolving security frameworks will also redefine the payments experience, says Visa.
Concerns over Teh Family's Public Bank stake sale “overdone”: analyst
The estate will dispose of a 13% stake in the Malaysian bank.
RHB projected to log 50% full cash divided payout ratio for 2024
The Malaysian bank is on track to surpass its 4.5% loan growth target.
HDFC Bank teams up with Pennant to offer quicker loan processing
HDFC will be able to quickly launch new loan products, amongst others.
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