Frances Gagua

Bank of Korea launches financial and economic snapshot platform

It is optimised for mobile devices to make data viewing easier for the public.

Malaysia’s Curlec by Razorpay launches payment gateway

Curlec targets RM10b in annualised gross transaction value by 2025.

Bank of East Asia extends Sheung Shui Branch hours to seven days a week

Its Tsim Sha Tsui and Shatin Plaza branches have reverted to regular business hours.

BOCHK warns of fraudulent website

BOCHK said that it has no connection to pulsboc(dot)com.

ZA Bank welcomes deposit protection hike

Raising the limit will increases awareness and trust in virtual banks, ZA Bank said.

Japan’s SMBC Group launches UK commercial banking subsidiary

It’s head office is located at 100 Liverpool Street, London.

Hong Kong mulls raising deposit protection limit to HK$800,000

The number of depositors fully protected will rise to 92%.

HSBC builds up China green finance team: report

It also mulls offering carbon offset products to customers, a source said.

South Korea’s household loans rise 3.5% in June

Demand for bogeumjari loans and jeonse loans drive mortgage loan demand.

TG Limcaoco on how 170-year-old BPI is reinventing itself in the digital era

For BPI, reinvention and innovation are the key ingredients to how it remains one of the Philippines’ biggest banks since its establishment over 170 years ago.

OCBC, Ascenda to offer more transfer options for rewards currencies

It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.

Major Korean banks asked to prepare $4b to buoy distressed credit cooperative: report

The credit cooperative saw customers withdraw funds last week after reports of a rise in bad loans.

Citi Commercial Bank unveils CitiDirect Commercial Banking platform

It will be available to customers in Hong Kong, Singapore, and India in H2 2023.

DBS sells 77.8% stake in AXS to Tower Capital Asia

AXS became a subsidiary of the bank in 2006.

Sri Lanka’s NBFIs safe from risks after proposed gov’t debt restructuring plan

The plan does not directly impact the government debt holdings that NBFIs have stocked up on.