Frances Gagua

DBS Hong Kong finalises HK$800m green loan with HSH

KPIs set include reduction in carbon intensity, increase in waste diversion rate, amongst others.

KEB Hana Bank’s profits stable in 2023, but NIM to decline

It has improved its cost-to-income ratio and loan portfolio over the years.

RBI approves appointment of Axis Bank new executive director

The approval covers a period of three years beginning 17 August.

MAS in process of tracing funds, assets related to $1b money laundering case

MAS says it has been in touch with FIs where the potentially tainted funds.

Bangkok Bank clinches license to offer custody services in Vietnam

Services include receipt-delivery, settlement, and clearing, amongst others.

MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors

Proceeds will be used for working capital needs related to EVs.

Hang Seng Bank warns of phishing emails, fake website

The bank reminded customers that it will never ask them to log in through embedded links.

RCBC net profit up 1.38% to $109.55m in H1

Earnings per share is PHP5.63 for the period.

Carbon offset purchases to be a $100b market by 2030

Financial institutions will play a large role in enabling carbon credit financing and carbon offset purchases, says Deloitte.

Nine in 10 affluent SG investors are wealthier than a year ago: study

One in 2 believe that now is the prime time for long-term wealth creation.

Hong Leong Asia net profits down 27% to S$30.8m in H1

Weaker RMB to SGD exchange rates weighed on revenue.

DBS completes integration of Citi Taiwan consumer business

Almost 3,000 Citi employees are now part of DBS Taiwan.

Citi names Gunjan Kalra as APAC head of Citi Commercial Bank

Kalra has been APAC head of corporate sales and solutions since 2021.