Frances Gagua
Thailand banks’ loans grew 6.5% in 2021
Thailand banks’ loans grew 6.5% in 2021
But gross non-performing loans rose slightly during the year.
Singapore's carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
MAS extends facility to support bank lending to SMEs
This is to complement Enterprise Singapore’s temporary bridging loan programme for SMEs.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
Dah Sing Bank temporarily closes Causeway Bay Branch
A branch staff member tested positive for COVID-19.
China’s card payments market to hit $34t by 2025
The market is expected to register a strong growth of 17% in 2022.
Industrial Bank of Korea fined $3.93m for selling fraudulent funds
IBK sold fraudulent funds of Discovery Asset Management, according to FSC.
Chart of the Week: Singapore card payments value to grow 8% in 2022
Contactless cards are a key driver of growth.
UOB net profits jump 40% to S$4.075b in 2021
Wealth management and loan fees hit record highs.
Maybank Asset Management Malaysia launch Shariah-compliant retirement solution
The funds aim to achieve a 6% to 8% return per annum.
Philippine banks’ credit costs to further decline in 2022
Profits are expected to strengthen throughout the year as the economy recovers.
Bank of the Philippine Islands’ asset quality is on the path for improvement: S&P
The bank’s non-performing loans ratio is expected to further decline in 2022.
UnionBank joins sandbox for digital currency use
The sandbox will evaluate CBDC use cases.
DBS posts record S$6.8b net profits in 2021
Loan growth was at its highest in seven years.
MAS clarifies coverage for loss arising from scams
OCBC fully-covering losses should not set a general precedent for future cases, the regulator said.
Singapore releases methodologies on responsible use of AI by financial institutions
The Veritas Consortium also released an open-source toolkit to help with adoption.
Thought Leadership Centre
In Association with
Most Read
1. How Danantara’s plan to acquire BRIS will impact four Indonesian banks 2. SG digital banks expand into investments and loans to boost profits 3. Deutsche, Ant teams up to improve cross-border payments 4. Singapore's banks leave more jobs unfilled as hiring slows 5. Ant International eyes stablecoin licenses in Hong Kong, Singapore: reportResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
