Frances Gagua
Vietnam’s HDBank targets $562.67m profit for 2023
Vietnam’s HDBank targets $562.67m profit for 2023
Shareholders approved a dividend distribution of 10% in cash and 15% in shares.
SFA, Austrade kick-off Project Lorikeet to support fintechs expansion in both markets
Supporting partners are HSBC and Amazon Web Services.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
Weekly Global News Wrap: Klarna, Block execs calls UK’s planned BNPL regulations “outdated”; Citi’s global FX head to leave
And fintech Boost looks to raise $50m to $100m in possible new funding round.
Techcombank launches AI-powered money management services
It will provide insights on payment behaviors and analyze transactions.
Goldman Sachs shareholders call for bank to release net zero transition plan
The resolution is reportedly supported by 30% of shareholders.
UOB posts record net profit of S$1.6b in Q1
Core operating profit was also 60% higher at S$2.1b.
Vietnam’s Techcombank sees net profits slide 17.1% in Q1
Net interest income fell, but net fee income rose.
Mastercard to remove first-use PVC plastics from payment cards by 2028
It will instead use recycled or bio-sourced plastics, the payments company said.
How will China’s new rules on asset classification affect banks?
The new measures expand on classifying asset risks of banks.
HSBC Singapore, MSIG enter 15-year bancassurance partnership
MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.
Citi names Vikram Singh as CEO of Malaysia franchise
He reports directly to South Asia and ASEAN head Amol Gupte.
Citi’s institutional, corporate banking arm in Asia sees 14% higher revenue in Q1
The Institutional Clients Group’s net income for Asia went up 31% compared to Q1 2022.
India’s Yes Bank records 45% net profit drop: report
Net profit fell much lower than anticipated by analysts.
Steady margins will push Daegu Bank to stable profits in 2023
The bank’s dividend payouts will remain at current levels of 40% to 50%, Moody’s reported.
Japan’s Chiba bank to maintain above domestic average profitability
The bank will maintain strong loan quality and liquidity, Moody’s said.
MAS unveils Finance for Net Zero Action Plan
The new net zero plan has expanded to include transition finance.
Thought Leadership Centre
In Association with
Most Read
1. How Danantara’s plan to acquire BRIS will impact four Indonesian banks 2. MUFG invests in May Mobility for autonomous vehicle deployment 3. SG digital banks expand into investments and loans to boost profits 4. Singapore's banks leave more jobs unfilled as hiring slows 5. DBS partners with Austrade to help Australian companies expand into SEAResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
