Staff Reporter
UnionBank unveils fully digital personal loan application process
Loans can be provided in as fast as 5 minutes upon approval.
Security Bank partners with tax filing platform Taxumo to offer business loans
Loan products include an express loan, mortgage loan, and working capital loan.
SMBC names DBS MD as head of corporate banking for APAC
Joyce Tee brings three decades of experience working in the banking industry.
Mizuho to make additional $4.74m cash contribution into Trust company
It plans to acquire a maximum of 197,000 shares.
HDFC Bank revamps Biz+ Current Accounts with four tiers
It offers businesses cash deposit limits, insurance, and special offers, amongst others.
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Mizuho’s Asset Management One will provide the services.
Citi strengthens ANZ team with Jefferies, JP Morgan, Credit Agricole hires
Paul Buys joins from Canaccord Genuity as head of research for Australia and New Zealand.
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Banks miss $10t wealth opportunity by neglecting affluent women clients
Lack of women advisors and male-focused wealth servicing is hurting wealth managers’ long-term strategies.
Weaker rupiah won’t weight much on Indonesian banks
There is a limited mismatch between their deposits and FX loans, says Fitch.
Islamic finance assets to reach $7.5t by 2028
Bank accounts make up 70% of the total assets.
BofA expands Nicole Waaka’s role as head of GPS Australia Corporate Sales
Waaka will be part of the GPS Asia Pacific Senior Leadership Team.
Arta Finance partners with IAFA to give investors exclusive investment
IAFA will use Arta's AI tools.
Krungsri to power payments of Thailand’s export-import certificate issuances
Users no longer need to physically visit service centers.
Maybank facilitates $545m in investments into Johor-Singapore SEZ
It has facilitated submission of Letters of Intent by Thomson Medical Group, etc.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
