Staff Reporter

BOCHK warns against phishing websites

BOCHK warns against phishing websites

The websites  have bill settlement pages with links that intend to steal customers' data.

Public Bank’s profitability to continue outperforming industry: Moody’s

It is expected to maintain a low problem ratio through 2025.

Nanyang Commercial Bank needs more loss provisions to resolve property woes

The bank is expected to face profitability and asset quality challenges through 2025.

Hong Kong credit card receivables down 0.6% in Q3

The delinquent and rescheduled ratio was 0.4% in end-September.

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.

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.