Staff Reporter
SMBC commences simplified foreign currency remittances in China
SMBC commences simplified foreign currency remittances in China
It is currently available in five of its branches in China.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
Union Bank of the Philippines appoints five senior officers
One is senior vice president, two are VPs, and two are assistant VPs.
Thailand’s SCB surpasses sustainable finance target
It has disbursed THb180b, already past the THB150b target.
UOB acknowledges penalty for anti-money laundering breaches
Two of its employees were reprimanded, it said in an SGX statement.
Six banks penalized in Singapore for AML breaches
Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
Tokenisation of bank assets could boost liquidity and risk management in FX
But the industry must address the potential fragmentation of the liquidity pool.
Malaysia’s banks log 5.3% loan growth in May with construction boost
This was offset by a slight decelration in working capital loans, said UOB Kay Hian.
Australia’s big four banks' fossil fuel exposure remain in billions
They are exposed to methane emissions, which they do not measure separately.
APAC credit limit approval rates steady at 81%
Trade has slowed globally with subdued investment and spending, Aon said.
PAObank extends 16% rate promo on HKD time deposits to July 31
The first HK$50,000 time deposit will enjoy the promo rate.
EXIM India has strong solvency, although capital to moderate
It will enjoy strong funding access due to its government affiliation.
HSBC Bank (China) Company Limited earns two wins at Asian Banking & Finance Retail Banking Awards 2025
The company was recognised for accelerating its growth and cementing leadership in wealth management.
OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025
The awards honour the Bank’s role as a steadfast advocate of sustainable and green financing in the bond and loan markets.
Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025
The awards programme celebrated the region’s top performers in retail, wholesale, and corporate and investment banking.
AusPayNet launches public consultation on account-to-account payments
They aim to identify current and future payment needs and expectations of users.
UOB signs MoUs to support business expansion across ASEAN
These partnerships aim to enhance trade, investment, and the internationalisation of Singapore enterprises.
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