Frances Gagua

The increase in credit losses in 2020 was manageable compared globally.

This is the country’s first interbank electronic marketplace for the trading of rupiah.

Three in five consumers from four markets name it as their favoured way of paying.

Amongst the transactions is Alibaba Group’s $5b four-part offering in February.

This includes the new head of Integrated Corporate Bank for its Taiwan business.

Funding and winding down of the pandemic’s impact on the economy will push this market.

Since being launched in April 2020 it has disbursed S$13.3b to FIs in support.

As of end-June the banks said that it has over 6.19 million customers.

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.