Frances Gagua
Filipinos spent 9 years in total using digital lending apps in 2022
Filipinos spent 9 years in total using digital lending apps in 2022
Over 2.3 million users actively used a digital lending platform at least once a month.
The Rapid Evolution of Digital Banking
Yves Roesti, Managing Partner and CEO, and Rahul Bansal, Associate Partner, Synpulse.
DBS Hong Kong offers two-in-one instant loan and credit card combo
Users just need to scan their HKID to get both cash and a digital card in a single application.
Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal
Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.
Economic growth to cushion rising risks faced by ASEAN banks
Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.
Economic lifeline: The coming together of FinTech leaders in driving growth amid crisis
By Pat Patel, Executive Director, Elevandi.
Payment cards account for 60.9% of e-commerce purchases in South Korea
Added-value benefits of using cards help maintain its dominance.
Standard Chartered launches Signature CIO funds
Minimum investment amount is S$1,000.
Banks in South Korea to maintain eased stance in extending loans: report
Increased lending capacity and intensifying competition encourage banks.
China’s big four banks $550m short of meeting loss provision
Expect a flurry of senior non-preferred issuance bonds from the lenders.
Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration
It expands their earlier business cooperation MOU signed in August 2019.
SMBC terminates capital alliance with Vietnam Eximbank
It will liquidate its entire equity ownership in the bank.
Citi names Sanjay Nambiar as head of cards and unsecured lending for APAC, EMEA
Nambiar has worked across various roles in his 17-year career with Citi.
HK’s livi bank launches QR payment option
From now until 31 March, customers can earn rewards up to HK$500 per month.
China reopening to push up demand for retail loans: analyst
China Merchants Bank will reap full benefits of the reopening.
Real-time cross border payments edges closer to reality with ISO 20022
ISO 20022 is set to become the universal language of payments.
Weekly Global News Wrap: Credit Suisse to cut 10% OF EU investment bankers; BOE skeptical over digital pound
And Spain’s BBVA says it will exceed 2021 dividend.
Thought Leadership Centre
In Association with
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. UOB inks MOU with Accenture for AI adoption and application 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
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The Asian connection: China's path to sustainable growth