Frances Gagua

HDBank hopes to build a supply chain finance portfolio of $1b over the next three years.

Innovation opportunities for payment digitalization in Japan.

Corporate lending rose to its second-highest monthly figure ever.

UOB will support KHFC’s bid to expand in Southeast Asia.

 In Malaysia, Islamic banks may account as much as 45% of the commercial loan book.

The new base rate will be 2.25%, and base lending rate at 5.72%   Public Bank is increasing its Base Rate (BR), Base Lending Rate (BLR) / Base Financing Rate (BFR) by 0.25%, effective 13 May.   The bank’s new BR will be at 2.52% from 2.27%, whilst the BLR/BFR will be at 5.72% from 5.47%.   The bank’s fixed deposit rates will also be increased by 0.25% across all tenures.   The move came following Bank Negara Malaysia’s Overnight Policy Rate (OPR) hike by 25 basis points from 1.75% to 2.00% on 11 May. 

Successful candidates will be placed in a range of roles based on experience and skill set.

He spent 17 years in HSBC prior to joining Barclays.

YouBiz is also launching a credit facility offering flexible financing to SMEs.

More than 700 employees are now based in the GBA Centre.

DBS Hong Kong said that 80% of WMC Southbound service clients are new customers.

GCash is king in the country.

Businesses will be able to transact in more than 140 currencies and wherever Visa is accepted.

Two will be Islamic digital banks.

Customers can earn rewards of up to $2,000.

Boost will own 60% of the digital bank whilst RHB will own 40%.