Staff Reporter
Maybank SG prevents S$1.21m loss across 19 cases
Maybank SG prevents S$1.21m loss across 19 cases
The bank worked with the SPF to intervene in 19 scam cases.
Value of loans to SG SMEs fell by 42% in 2023
There were less SMEs earning $300,000 a month who took out loans.
Asian Banking & Finance and Insurance Asia Forum 2024 arrives in Manila this October
Join us as we chart the course for a resilient, innovative, and thriving future in the financial sector.
CIMB teams up with DHL to mitigate 20% of air shipments’ carbon emissions
CIMB will roll out the programme in its Malaysia and Singapore operations.
China’s investment banking fees drop 33% as ECM falls to 15-year low
The value of IPOs by Chinese issuers also fell to a decade low.
Alipay+ payments now available in European taxi app FREENOW
Tourists from China, Hong Kong, and Malaysia can use their local e-wallet to pay.
DDEx’s digital token trade value triples in 5M 2024
Active trading clients have also grown by 36% during the period.
Norinchukin’s planned foreign bond divestment will hurt profits
The bank has about $13.63b (JPY2.25) in unrealized losses.
Malaysian Islamic banks’ funding clean-up could take up to 5 years
Islamic banks need to strengthen their deposit base.
HSBC, Visa team up to develop multi-currency app Zing
Users can hold funds in 10 different currencies and transact in 200 countries.
China CITIC Bank warns against fraudulent website and emails
It has reported the matter to authorities in Hong Kong.
Citi ceasing operations in Haiti
The bank said that it will voluntarily surrender its banking license.
Singapore banks are phasing out OTPs for logins
Banks will instead use digital tokens to authenticate bank account login attempts.
Japan’s Norinchukin Bank has hit 60% of its sustainable finance target
The bank also participated in 7 sustainability committee meetings in FY2023.
BDO wins big at the Asian Banking & Finance Awards 2024 with groundbreaking innovations
Pioneering financial education, wealth management excellence, and cutting-edge retirement solutions propel BDO to the forefront of the banking industry.
APAC investment banking fees drop to eight-year-low in H1
ECM underwriting fees fell to its lowest level since 2013.
OCBC unveils financial programme for SG’s 36,000 property agents
It offers preferential home rates and bonus interest, amongst others.
Thought Leadership Centre
In Association with
Most Read
1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. Standard Chartered appoints Noelle Eder as group head of tech & operations 5. HSBC group chairman Mark Tucker announces retirementResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
AI can help financial institutions’ marketing teams get the job done.
Commentary
The Asian connection: China's path to sustainable growth