Frances Gagua
Singapore’s Blockchain & Crypto startups capture most seed investments in H1
Singapore’s Blockchain & Crypto startups capture most seed investments in H1
This is despite MAS moving to tighten retail investors’ access to crypto.
UOB Infinity rolls out new financial supply chain management services
The features will be rolled out to clients outside of Singapore, Hong Kong at a later stage.
Dah Sing Banking Group’s profits down 1% to HK$1.09b in H1
Property woes in Hong Kong and Mainland China doubled the bank’s credit impairment losses.
2 in 5 Filipinos name fraud protection as top priority when opening new financial account
About 4.5% of those surveyed have been victims of identity theft.
Financing platform Funding Societies clinches US$50m loan with HSBC SG
It will use the money to extend more loans to SMEs in Southeast Asia.
South Korean banks’ NIMs to support stable profitability in H2
The four biggest banks’ NIMs climbed to levels higher than pre-COVID.
DBS’ DDEx doubles trade volume in June from April
The number of BTC and ETH bought also rose by over 50%.
Maybank sets financed emission baseline, adopts ESG transition strategy
It is the first bank in Malaysia to do so.
Dah Sing Bank temporarily shutters Causeway Bay Branch
It will resume operations on 24 August.
Citi Global Wealth APAC clients invest $5b in bonds in May-July
Majority of investments flowed to fixed income funds and hedge funds.
Dah Sing Bank temporarily closes Maritime Square and Tuen Mun branches
Branches will reopen tomorrow, 23 August.
China’s banks set to trim loan rates to bolster borrowing: report
This comes after new yuan loans in July fell to just a quarter of the amount in June.
OCBC, NUS commence study to encourage EV adoption in Singapore
A total of 32,000 OCBC customers are expected to participate in the study.
UOB, Doxa, move Kimly Construction trade financing processes online
Processes affected include the creation of invoices, uploading and validation of supporting documents.
ING Australia names Andrew Hector as head of wholesale banking
He previously worked for ANZ for 13 years.
DBS Hong Kong names Betty Lam as managing director, head of HR
Lam had previous served in senior HR positions for HSBC, AIA, and PepsiCo.
DBS Hong Kong unveils fully-digital card loans
Customers can apply for a credit card via the DBS Card+ app.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. HSBC Singapore unveils wealth centre at The Star Vista mall 4. Citi names Goldman Sachs banker as head of markets solutions in Asia South & North 5. The Asian connection: China's path to sustainable growthResource Center
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The Asian connection: China's path to sustainable growth