Frances Gagua

It recently clinched a license to offer regulated services in Hong Kong.

Maritime transportation services company AET will use it to reduce GHG emissions.

Nakashima retired from SMBC in April 2022, but returned to the company in 2023.

The digital bank intends to roll out its own debit card in the coming months.

Household leverage has reached “unsustainable levels”, says S&P Global Ratings.

NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.

The bad loan ratio is expected to deteriorate, but it should be manageable.

Locked funds cannot be used for payments, investments, and ATM withdrawals.

Banks globally are expected to lose $824b in credit losses in 2024.

With the growth of DFS as a key element of the everyday lives of more users here and across the region, it is vital that the infrastructure supporting these technologies remains robust and resilient while providing strong foundations for innovation, writes AWS' Daniel Wu and Elevandi's Pat Patel.

Total loans rose faster than the Malaysian banking industry average.

It will no longer be shutting down its website and app.

The interest rate for outstanding amounts of deposits and loans also rose.

The owner and operator of Globexmc can no longer own and operate an MSB.

They will jointly underwrite and facilitate loans to Mayani’s 144,000-strong network.

They can now split purchase repayments for up to a 36-month period.