Staff Reporter
HSBC appoints Runa Baksi as head of SEA for global trade solutions
HSBC appoints Runa Baksi as head of SEA for global trade solutions
Baksi will oversee GTS across Singapore, the Philippines, Thailand, and Vietnam.
South Korean banks to tighten household lending standards in Q3
This was due to the strengthening of household debt regulations.
Mashreq clinches accolade at Asian Banking & Finance Retail Banking Awards 2025
The financial institution’s launch of “Travel Plus,” an app with smart and simple travel protection, was applauded by the awards programme.
Mashreq earns recognition at Asian Banking & Finance Retail Banking Awards 2025
The banking company was applauded for launching UAE’s first fully digital account opening for non-resident Egyptians.
Mashreq honoured at Asian Banking & Finance Retail Banking Awards 2025
The financial institution earned an accolade for transforming priority banking with seamless digital simplicity.
Mashreq wins at Asian Banking & Finance Retail Banking Awards 2025
The company took home the Open Banking Initiative of the Year - UAE with its digital account opening for non-resident Egyptians.
Australia floats removing surcharge on card payments, lowering interchange fee cap
Lowering the cap could save businesses $1.2b in fees per year.
BofA appoints new heads for Global Payments Solutions in APAC
Lin Guo and Kitty Yen are head of GPS China and GPS Taiwan, respectively.
GXS Invest embeds insurance coverage with Singlife
Coverage will be up to three times the investment amount capped at S$100,000.
GoTyme Bank reaches $525.7m in deposits, expands into the SM Store
By Q3 2025, it will have kiosks in over 70 locations of the department store.
Japan’s SMFG eyes $1.1b additional investment in India’s Yes Bank: report
The Japanese megabank may raise its stake to 25%, sources said.
UnionBank opens new branch in Cebu City’s Aboitiz Corporate Center
This is the Philippine bank’s 200th branch in the region.
StanChart rolls out digital assets trading service
It includes spot trading for Bitcoin and Ether through its UK branch.
Protecting against the mobile Trojan horse in your pocket
Scammers, and the criminal organisations they work for, will always look for and take advantage of flaws in mobile banking security.
GXS Bank launches GXS Invest
Customers can invest in the Fullerton SGD Cash Fund (Class G) from as low as S$1.
Chinese banks’ loan growth forecast lowered to 6% by 2028
Economic data likely indicates continued weak credit demand in the coming months.
Bangladesh’s banking sector strained by structural problems
Asset quality strains are expected to extend through 2026.
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