Frances Gagua
Economic growth to cushion rising risks faced by ASEAN banks
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.
New license for virtual asset providers, relaxed listing to rock Hong Kong’s fintechs
Virtual asset service providers will now need to be licensed.
Citi names Tibor Pandi as Citi country officer for Singapore
Pandi has worked in Citi for 22 years.
DBS Hong Kong unveils eLaisee function
Customers who send an eLaisee also have the chance to win up to HK$288 in cash rewards.
India’s HDFC Bank net profit up 18.3% in Q4
Net interest income and fee income rose to INR6,052.6 crore during the quarter..
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
