Frances Gagua

Japan bank lending up 3.3% in February

Japan bank lending up 3.3% in February

Average outstanding amount totalled JPY598.9t for the month.

NIM, higher expenses drag on Malaysian banks’ earnings growth in 2023

Mid- to high-single digit NIM compression will offset loan growth, an analyst said.

Security Bank face higher funding costs, lower margins in 2023

Loan growth is expected to fall by 9% year-on-year.

Singapore's MAS: banking system sound amidst US bank failures

MAS said that its local banks have “insignificant exposures” to the failed banks.

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.

ING closes Ant Group’s $400m sustainability-linked derivative

Ant Group will receive rebates from ING when it achieves its sustainability targets.

South Korean bank deposits up by KRW22.3t in February

Transferable deposits rose by KRW21.4t during the month.

UOB prices A$1.5b dual tranche 3-year senior unsecured bond

The notes are expected to be issued on 16 March 2023.

Weekly Global News Wrap: Nomura cuts entertainment budget; crypto bank Silvergate closes down

And Bank of America CEO says he and the bank are “capitalist” as anti-ESG critics gain steam.

Credit Suisse clinches approval to launch wealth business in China: report

The Swiss bank is pushing to roll out its wealth business by the first half of 2023.

DBS CEO Piyush Gupta earned 13.3% more in 2022

Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.

Public Bank offers repayment relief to Malaysia flood victims

Customers affected by the floods can defer monthly loan payments for up to 6 months.