Staff Reporter
Australia’s ASIC inks MOU with India to enhance cooperation arrangements
Australia’s ASIC inks MOU with India to enhance cooperation arrangements
They aim to facilitate mutual assistance and information sharing, amongst others.
SCB EASY app adjusts maximum daily transaction limit
Transactions included are transfers to other SCB accounts, accounts to other banks, etc.
Malaysian banks to sustain profits despite slower loan growth
S&P expects loan growth to slow to 4%-5% over the next two years.
CIMB names new growth markets, Singapore unit chief
Victor Lee Meng Teck has resigned and will be on “gardening leave.”
India’s Bank of Baroda teams up with SIDBI to back MSE sustainability
It is part of the bank’s efforts to foster a greener and more sustainable future.
ING expands eFX capabilities, sets up regional trading hub in Singapore
It is investing in advanced algorithm capabilities and direct API integration.
Societe Generale names Alvaro Huete as country head for Singapore and SEA
Alvaro will oversee the bank’s GBIS business.
SeaBank Philippines rebrands name to MariBank Philippines
Both the central bank and local SEC have granted approval for the corporate name change.
NAB names Kanishka Raja as CEO of Ubank
Raja has held leadership roles in Ubank for the past four years.
Philippine banks’ loans up 11.8% in July
This extends the growth in June, albeit at a slower pace, official data showed.
Philippine regulators propose enhancing NBFI monitoring framework
The council noted increasing interconnectedness of NBFIs with the financing system.
South Korean depository corporations raise industrial lending by 2.7% in Q2
Lending for working capital and facilities investment rose during the quarter.
Hong Kong opens consultation on phase 2 of green finance taxonomy
It added 13 new economic activities and expanded sector coverage.
South Korean substandard or below loans unchanged in Q2
Total SBLs of KRW16.6t was also unchanged from three months prior.
Staying two steps ahead: How BPC is shaping the future of payments in Asia-Pacific
Nikhil Gujral, Head of Sales, APAC, BPC shares how the company’s “always two steps ahead” mindset has shaped its growth and innovation.
Hong Kong banks may boost tax loan campaigns as Fed rate cut looms
Demand for debt consolidation may also rise.
RACQ Bank insulated from parent group stress after insurance unit sale
There are also no intra-group deposits or loans between RACQ Bank and the RACQ Group.
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