Frances Gagua

Small step for Green Link Digital Bank, large leap for Singapore MSMEs

Size does not matter for Singapore’s newest wholesale digital bank.

1 in 10 Singaporeans defer loan repayments

Majority plan to boost investments and savings.

1 in 5 affluent Singaporeans defer loan repayments, mull switching banks: survey

Over 40% of mass affluent bank customers saw their incomes decrease.

Fintech YouTrip launches online travel insurance in platform

The company’s business reportedly grew four times in Q2 compared to 2021.

StanChart taps ex-JP Morgan banker as new CIO for North Asia

Cheng was head of Asia Equity Strategy for JP Morgan Private Bank.

Rising interest rates to be Hong Kong banks’ saving grace

NIMs are expected to rise and outweigh asset quality deterioration in the near term.

MUFG names Manoj Bhatia as head of corporate global subsidiary banking

Bhatia will continue his role as head of GSB Asia Pacific.

South Korea’s deposit, loan interest rates rose in May

Average interest rate for new deposits rose 15 basis points from April.

Is Hong Kong’s role as offshore financial center under threat?

Inflows from Mainland China will support the city, but issues are challenging this role.

BRImo superapp offers digital account opening for Bank Raya

The gig economy-focused digital bank now has over 700,000 users.

Dah Sing Bank approved to open new Shenzhen Branch

Establishment of the new branch is slated for early 2023.

HSBC renews bancassurance partnership with Allianz

It will cover six markets, with HSBC and Allianz offering life and non-life products.

DBS raises fixed home loan rate, scraps 5-year fixed package: report

The new rate is 0.03 percentage points higher than the previous 2-year fixed rate.

Bank of China HK, Mastercard launch eco-friendly BOC Chill Card

The card offers up to 10% cash rebate and Pay Later options.