Staff Reporter
Enhanced SME Financing Guarantee Scheme officially in effect
Enhanced SME Financing Guarantee Scheme officially in effect
The enhancements aim to alleviate repayment pressures for SMEs seeking loans.
New Zealand's credit and charge card payments market to reach $39.6b by 2028
This is thanks to the consumer shift towards electronic payments.
ICBC Asia net profit rise 9.58% to $547.2m in H1
Non-interest income rose by 67.01%, although fee and commissions declined.
WealthTech Endowus breaks US$7b mark in assets under advice
Its Private Wealth client offering has surpassed US$2b in assets managed.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
Philippine National Bank's net profit rises to $257.1m in 9M 2024
Earnings per share stood at $0.17.
Australia and New Zealand banks face rising housing, global risks
Overall performance will remain stable, says S&P Global Ratings.
DINKs lag behind parents on financial wellness
58% of DINKs have not started making financial plans for their retirement.
MAS aims for robust transition credit demand at COP28 through coalition
TRACTION aims to develop approaches to meet these needs and expand the credit market.
India's microfinance institutions see rising delinquencies
CareEdge warns this could hamper incremental bank funding and equity investments.
Global banks’ credit losses expected to rise by 7% in 2025
About 80% of global banking groups have stable rating outlooks.
APAC’s affluent move $700b to digital wealth management
These firms are adopting hybrid models that combine digital tools with limited human assistance.
Vietnam digital bank Cake debuts cloud connect CMS with Visa
It is the first bank to implement Visa Cloud Connect on Google Cloud Infrastructure.
Thought Leadership Centre
In Association with
Most Read
1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North 5. The Asian connection: China's path to sustainable growthResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
AI can help financial institutions’ marketing teams get the job done.
Commentary
The Asian connection: China's path to sustainable growth