Frances Gagua
UOB adopts the Equator Principles to refine sustainability strategy
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
Deutsche Bank names APAC head of wealth solutions
Dominique Jooris was CEO of Bank Pictet & Sie in Singapore prior to his new role.
Philippine lender SB Finance teams up with FinScore to enhance credit scoring power
SB Finance said it will use FinScore’s solution to predict the creditworthiness of borrowers.
Citi TTS APAC client inquiry for API use doubles in H1
They have processed close to 350 million API calls for corporate clients since 2017.
Chinese banks’ posed for e-payment scene comeback with digital renminbi’s launch
The e-CNY will support growth of banks’ e-payment customer base and improve overall financial stability.
Hong Kong’s ZA Bank launch new credit card repayment feature
Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.
Security Bank posts net profit of $61.35m in H1
Net interest income and non-interest income both fell compared to H1 2020.
Chart of the Week: Thai card payments market to shrink 3.5% in 2021
Recovery is not expected to begin until end-2022, says GlobalData.
Hong Kong neobank ZA Bank launches early payday product
Users can get their monthly payroll up to seven days in advance, interest-free.
New Zealand’s expected interest rate hike to raise banks’ profits: Fitch
However, its impact on earnings may take some time to rise as mortgages are not yet due.
Citi named top international IPO bank in APAC ex Japan
The bank said that it has raised over $30b from IPOs for its Asian clients.
Mizuho, IFC inks MOU to establish carbon facility
It will facilitate the purchase and sale of voluntary carbon credits.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
Vietnamese neobank Timo partners with Mambu to offer cloud-core banking services
Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.
Hacker returns $260m of stolen crypto tokens to Poly Network
About $354m in crypto funds, mostly Ethereum tokens, are yet to be returned.
HSBC Singapore unveils enhanced int'l benefits for premier customers
Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.
Japan’s bank lending slowest in nine years: report
The slowdown reflects sluggish consumption as households hoard cash.
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Commentary
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