Frances Gagua

Net profit fell much lower than anticipated by analysts.

The bank’s dividend payouts will remain at current levels of 40% to 50%, Moody’s reported.

The bank will maintain strong loan quality and liquidity, Moody’s said.

The new net zero plan has expanded to include transition finance.

And the UK must make it easier for banking staff to work remotely, says industry body. 

Stress from property sector continues to weigh.

The company offers lending, payments, and collections services.

It will use the bank’s platform in Singapore.

Over 90% of Hong Kong consumers have shopped online over the past 6 months.

Chia Der Jiun is tipped to be the next managing director of Singapore’s central bank.

But “aggressive” growth plan, real estate sector woes will weigh on asset quality.

Overall performance will be broadly similar to 2022, according to S&P Global Ratings

Bad loans are expected to stay at a ratio of 3% over the next 12 to 18 years.

Industry leaders and experts from 29 different organisations gathered for the Asian Banking & Finance Bangkok forum held at JW Marriott Bangkok on 4 April.

The city reported 127,000 NTC customers in 2021.

High borrowing costs lowered demand.