Frances Gagua

Singapore FinTech Festival 2023 draws record 66,000 participants

Participants came from over 150 countries and regions, from just 115 in 2022.

Singapore’s FIs ready for asset quality risks: MAS

Financial institutions are in strong capital and liquidity positions and have healthy profits.

Trust Bank sets the bar for digital banking in Asia Pacific

The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.

South Korean banks’ net income down 23.9% in Q3

Non-interest income and return of assets both fell during the quarter.

Korean banks’ delinquency ratio drops to 0.39% in September

The bad loan rate of corporates rose compared to August.

PH’s Sarangani Rural Bank ex-officers charged for breaking banking law

They have been sentenced to 5 years’ imprisonment and fined up to $877 each.

MAS unveils responses for proposed regulation of DPT service providers

Regulations are expected to take effect in phases beginning mid-2024.

The resilience and growth of Islamic Banking in Bangladesh

Islamic banking has played a pivotal role in creating employment opportunities for the 120 million individuals in Bangladesh.

Swiss Fintech Rides High with Fresh Strengths – Time for Onshore Collaboration?

In economic & business cycles, asset prices gyrate from time-to-time. Many fresh opportunities also emerge from these cycles.  

Hong Kong’s ZA Bank to roll out US stock trading services

The Hong Kong SFC has lifted previous conditions to the bank's securities license.

Maybank profits up 21% to $1.48b in 9M 2023

Profit before tax is up 14.4% in the first nine months of the year.

Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%

The Thai bank is injecting an additional US$226m in Bank Maspion.

CIMB Singapore announces 2.88% interest rate for CIMB BusinessGo

There are no minimum fall-below fees until 31 January 2024.

Citi names new senior leaders for Asian banking clusters

Leadership changes abound for its investment banking and corporate banking businesses.

Thai banks’ profits improve in Q3, but bad loans also rose

Authorities to monitor debt serviceability of SMEs and households.