Frances Gagua

The household lending rate hit 5.57% per annum on average in November.

The distribution rate will reset on 19 January 2028 and every five years thereafter.

Customers who logged in the fake website are advised to immediately contact the bank.

In November, banks' outstanding credit to NBFCs rose 33% from 2021.

Science-based decarbonisation targets must be set to improve their energy sector portfolios.

Chan expects more support from mainland China as the latter’s economy recovers.

Bank boards need to reassess their understanding of the impact that geopolitical risk can have on both their business and their clients, says Derek Leatherdale, Managing Director at GRI Strategies and Visiting Scholar at The London Institute of Banking & Finance.

Synergy with parent company MUFG will help grow its corporate and SME loans.

And US banks expected to report lower earnings as they brace for economic slowdown.

Users can defer payment for a month for every 12 month tenor they take.

Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.

BNPL brand Afterpay served 20 million customers in Australia alone.

Aggarwal will oversee the card payment provider’s activities across South Asia and India.

Robinsons Retail will purchase 4.4% interest in the Bank of the Philippine Islands.

It has an 18 month lock-in period and offers a 0.65% discount for a limited time.

Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019.