Frances Gagua

How embedded finance is democratising the financial services experience for SMEs in Asia-Pacific

How embedded finance is democratising the financial services experience for SMEs in Asia-Pacific

The past few years has seen embedded finance proliferating in the APAC region, with digital technology lowering not just the costs of financial services but also their access barriers.

Revised capital rules a positive for Chinese banks’ operating environment

It is expected to have minimal impact on local banks’ capital position.

Citi appointed depositary bank for Hangke’s GDR program

This is in connection with Hangke’s $172.85m IPO of tis GDRs.

Maybank Singapore’s profit before tax doubles to S$655.92m in 2022

This was reportedly thanks to higher income and lower loan loss allowances.

Maybank’s net profit up 1.6% to $1.8b in 2022

Improving regional economic activities and lower net impairment losses led to the growth.

India’s card payments market to grow 23.6% to $361.6b in 2023: analyst

Rising consumer spending will rally the market to extend 2022’s growth.

HSBC welcomes Hong Kong’s HK$100m bid to attract family office

Hong Kong is aiming to attract 200 family offices to set up shop in the city by 2025.

OCBC reports record net profit of S$5.75b in 2022

Full-year dividend is at 68 cents per share, 28% higher than in 2021.

Thailand’s KBank eyes to be amongst Vietnam, Indonesia’s top banks

The bank aims to increase its international business income to 4% of its total net income.

Hang Seng Bank’s profits down 27% to HK$10.16b in 2022

The bank has announced a fourth interim dividend of HK$2 per share.

Judo Bank's rapid growth to continue despite inflation, competition

Competition and higher cost of funding are likely to curtail some margin benefit, says S&P.

Banks urged to integrate ESG data into IT systems: McKinsey

Banks must apply a use-case driven approach to introduce new ESG capabilities.

Hong Kong launches consultation for virtual asset trading platforms

The SFC is seeking views on whether to allow license platform operators to serve retail investors.

Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre

The 10,000-square-foot space is staffed by senior bankers and specialists.