Frances Gagua

Improved outlooks on the horizon for Chinese finance companies

Improved outlooks on the horizon for Chinese finance companies

Policies to slow debt growth and control property prices appear to be working, abating economic risks.

South Korea card payments up 7% in July despite COVID resurgence

Online card payments are 28% higher than in July 2020.

NAB buys Citi’s Australian consumer business for $882m

Citi Australia’s senior management and about 800 employees are expected to join NAB.

Hong Kong finance experts on optimizing customer journeys whilst mitigating fraud risks

LexisNexis Risk Solutions and Asian Banking & Finance's latest webinar discussed ways on how the most tech-savvy banks are safeguarding their clients' data whilst not compromising services.

Over $6b of Indian banks’ loans in possible jeopardy: report

Future's botched sale of retail assets could lead to problems for State Bank of India, other lenders.

Singapore banks push ahead to post-pandemic era

Significant loan book exposure in China is helping them recover faster than their regional peers.

Singapore Fintech Festival 2021 to discuss Web 3.0 for financial uses

It will take place from 8 to 12 November as a hybrid event.

The Dawn of Open Platforms in Capital Markets

The past decade has witnessed incredible innovation in global capital markets, and the rapid pace continues. Regulatory changes designed to seek risk mitigation and boost transparency as well as enhance asset stability have drastically changed the economics of capital market technology demands and business models.

DBS profit up 54% to record S$3.71b in H1, 33 cents DPS announced

Fee income rose to a record as wealth fees hit new heights.

Myanmar limits foreign staff allowed in domestic banks: report

Major banks can now employ no more than 25 foreign staff.

Hong Kong’s Airstar Bank launches pilot trial of SME Easy Pay Loan

After transferring their existing installment loan, customers can enjoy a first 24-month principal payment holiday.

BNPL continues to gain traction with Square’s $29b acquisition of Afterpay

Afterpay accounts for 7.7% of Australia’s e-commerce market.

What keeps young Muslims from embracing Islamic banking?

The lack of available online banking options will be a dealbreaker for most.

Thai banks sufficiently buffered against ongoing risks: Fitch

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

Hong Leong Bank, Mastercard launch debit card in Cambodia

Until October, 1% of each transaction made using the card will be donated to Kantha Bopha Children's Hospital.

Citi opens new office at Busan International Finance Center

It’s meant to further support its securities services operations in Busan.