Frances Gagua
BOCHK warns against remittance phishing email
BOCHK warns against remittance phishing email
The email reportedly intends to steal customers’ data.
Hong Kong extends green and sustainable finance grant scheme for 3 years
The grant scheme will also expand to cover transition bonds and loans.
Philippine loan officer fined for violating lending regulations
The officer was an employee of the now closed Ruran Bank of Buguias (Benguet).
StanChart’s Signature CIO Funds attracts over $1b
The funds have returned over 28% since launch, the bank said.
Citi, ABD ink deal to enhance supply chain financing for SMEs in Asia
It is expected to support over $100m of additional trade across APAC.
Alipay’s labor day outbound travel transactions up 77% in 2024
East Asia and Southeast Asia were the most preferred destinations.
Fubon Bank HK warns against fraudulent website
The bank has already reported the matter to the Hong Kong police.
Australia’s Macquarie well-capitalised despite lower profits
Net profit fell by 32% for the fiscal year ended 31 March.
FNZ, abrdn launch digital wealth platform in Singapore
The firms’ platform have over $90b assets administered in the UK.
HK mortgage loans in negative equity surpasses 32,000 in March
The delinquency ratio also jumped to 0.06% from 0.03% previously.
Hong Kong banks’ loans and deposits ‘virtually unchanged’ in March
But banks saw a decline in foreign currency and renminbi deposits.
HKMA denies links to firms claiming to assist in financial fraud cases
The central bank said that it has reported the case to the police.
Hang Seng Bank maintains HKD lending and savings rate
The lending rate is still 5.875% per annum.
HSBC names ex-Citi banker as head of global banking in Singapore
Gilbert Ng has experience in corporate finance and risk management.
Higher costs and deteriorating loans slow BRI’s profit growth
Cost of capital rose 144 basis points in Q1.
No adverse effects on NAB’s capital after billion-dollar share buyback
Its core capital ratio remains at 11.75%, well-above the target range.
DBS achieves record-high Q1 profit of S$2.96b
Dividend is SGD 54 cents per share for the quarter.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
