Frances Gagua

DBS inks MOU to assists Japan SMEs’ Asian expansion

DBS will provide financing and professional services support.

Asia’s finance leaders put transformations on hold due to cost challenges

Cost allocation remains a key focus for finance leaders in 2024.

GHL’s Malaysia terminals can now accept cross-border payments via DuitNow QR

Over 480,000 merchant touchpoints are covered by the expansion.

Hong Kong lenders chase after small-ticket loans, maintain tight standards

They’ve embedded services in digital wallets to increase to get more customers.

Bank Tabungan Negara’s asset quality ‘stable’ amidst loan clean-up efforts

Costs are expected to rise and liquidity to fall over the next year.

Maybank's net profit up 8.5% in 9M FY2024

Non-interest income growth pushed up its profits.

Barclays to establish private bank booking centre in Singapore

The bank will provide quasi-institutional investment solutions.

Improved lending to MSMEs needed: central banker

MSMEs make up almost a third of India’s nominal GDP.

Hong Kong central bank welcomes complete migration to Credit Data Smart

Banks and lenders now operate under a multiple credit reference agencies model.

Up to $50b of wholesale banks’ revenues at risk

But there’s about $15b in additional revenue up for grabs through 2027.

Vietnam’s debit card payments to reach $65.6b in 2028

Debit card use is dominant, but still limited to cash withdrawals.

Maybank Singapore unveils second lifestyle banking space

It features a biophilic design and has a Joe & Dough cafe at the entrance.

Citi unveils real-time 24/7 liquidity mgmt solution in Thailand

With 7-Day Sweeps, cash concentration capabilities are extended to non-business days.

HSBC Singapore offers zero-fee international transfers to over 60 currencies

Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.

Why Singapore banks are a ‘safe haven’ from US market volatility

UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.