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Standard Chartered ink partnerships to deepen global Indian proposition
Standard Chartered ink partnerships to deepen global Indian proposition
The bank wants to further unlock access to Indian business networks in Singapore.
Indonesia’s cooperative credit scheme could pose risks as it scales
Cooperatives carry high credit risk due to weak governance, said UOB Kay Hian.
SG connects over 80 FIs under PathFin.ai initiative
It is also developing an AI risk management handbook under Project MindForge, due later this year.
India’s retail payments now 99.8% digital: CareEdge
Cards and prepaid instruments are stable or in decline as UPI increases in popularity.
Australia rate cuts ease pressure on mortgage arrears: Fitch
One more rate cut in 2025 may lower arrears further, the ratings agency said.
ANZ unveils five-year plan, will simplify retail and commercial divisions
The Australian lender also plans to accelerate the integration of Suncorp Bank.
CBA named best in APAC for AI maturity
The bank was first on talent development and responsible AI leadership, the index said.
HitPay offers stablecoin payments acceptance to small and medium businesses
Merchants are settled in fiat and reconciled in HitPay.
ShopBack Pay officially launches in Hong Kong
Octopus has added it as a payment option.
HDFC Bank noted for effective risk controls and employee well-being
It got its highest score on the social pillar of ESG, based on NSE’s report.
Mainland tourists drive WeChat’s growth during National Day
Cross-border transactions in Weixin Pay increased by 21% year-on-year
DBS forecasted to post softer Q3 earnings, maintain DPS at S$0.60
The reduction of the SORA could pressure the bank’s net interest margin.
ABC Impact, DBS, UOB establish US$110m sustainability-linked subscription loan
Proceeds will be used for ABC Impact’s ABC Impact Fund II.
Chinese banks lift bond holdings amidst weak credit demand
Total bond investments hit a 13.5% growth rate for 2021-2025.
Citi’s India IPO pipeline ‘largest on record’
India’s overall IPOs are expected to hit between US$15b to US$20b through Q3 2026.
BRIS targets top five global Islamic bank spot with Hajj, gold push
The Indonesian bank eyes a 25% ROE.
Standard Chartered accelerating gen AI, data training for workforce
Over 15% of SC’s Singapore-based employees have undergone AI programme courses.
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