Frances Gagua

Ng Wei Wei will retain her current role as head of wholesale banking alongside this promotion.

This is in line with CEO David Solomin’s commitment to return to the office.

Recovery will be more subdued as households prioritize rebuilding their savings.

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

David Uy first joined MUFG in 2018.

Post-merger, the bank will have $55.4b in combined assets, reports local media.

The CEO of Philippines’ first private bank post-war highlights the importance of a people-centric approach in future-proofing a bank whilst tackling a crisis.

The resignations include their head of Greater China equity capital markets.

It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.

Overall announced M&A activity set the record for the highest semiannual period value-wise.

Non-performing loan ratios will likely peak only by end-2021 or 2022, when relief measures expire.

The agreement also cover the sectors of energy, agribusiness, education, tourism and manufacturing.

New regulations may include higher capital hurdles for P2P players.

Even with the suspension lifted, banks will still have difficulties accessing foreign currency funding.

Car owners can gain access to as much as PHP2m.

The bank has launched SimpleInvest, where clients can begin investing for as low as $100.