Staff Reporter

Weekly Global News Wrap: Piraeus buys 90% of Ethniki Insurance; BBVA SA seeks double CIB revenue

And the world’s leading climate coalition seeks new members as it overhauls rules

Cambodia enables cross-border QR code payments via UnionPay

Cambodians need only to scan the UnionPay QR Code to pay.

More Gen Z Hong Kongers taking up revolving line accounts

New accounts granted to them more than doubled.

Vietnam calls on banks to enhance financing for Mekong Delta rice industry

Banks are asked to ensure no delays or denials in loan access for those with good business plans.

JCB now available in Google Play of Hong Kong and 4 SEA markets

JCB said it will continue to provide its cardmembers expanded accessibility.

Bank of Singapore names new head of Hong Kong’s investment solutions group

Joey Tang worked in the Bank of China (Hong Kong) and Citi prior to joining BOS.

Digital wealth advisory Endowus introduces OTP verification

There’s also a Whatsapp OTP verification for customers logging in overseas.

HSBC Singapore unveil entertainment platform for Premier Mastercard clients

It offers preferential and exclusive access to certain shows.

Debt consolidation top reason why SG platform workers get loans

Their borrowing behavior shows that they lean on financing to bridge essentia lexpenses.

Metrobank’s net profit up 14% in 2024 on higher loans and deposits

Its pre-provisioning operating profit fell 11%, however.

New Zealand’s central bank governor resigns

Christian Hawkesby will serve as acting governor until 31 March 2025.

South Korea’s industrial lending up $2.27b in Q4 2024

Loans to working capital fell but rose for facilities investment.

Siam Commercial Bank unveils online gold trading service

It offers real-time transactions starting at 0.1 troy ounces.