Frances Gagua
Vietnam’s HDBank ramps up lending to support rice production
Vietnam’s HDBank ramps up lending to support rice production
The bank also offers a loan programme with 0% interest to agriculture and rural areas.
Bangkok Bank unveils financing service for gold traders
It has partnered with InterGold Gold Trade Co. to launch an online lending service to gold traders.
Philippine central bank denies issuing directive re “stamped” US dollar notes
It reminded the public to remain vigilant against bogus information.
Philippine bank lending up 7.8% in January: central bank
Salary-based loans and motor vehicle loans pushed consumer loans to a 25.2% growth.
Mizuho names new deputy group chief information officers
The appointments are effective 1 April.
Japan’s SMFG names new deputy presidents and executive officers
Kanamaru and Koike were both senior managing corporate executive officers.
Japan’s Daishi Hokuetsu Bank faces weak profits, high interest rate risks: Moody’s
Its problem loan ratio deteriorated to 2.23% in a three-year period.
Bank of Singapore names Credit Suisse banker as Greater China COO
Ronnie Cheung was appointed as Credit Suisse’s Hong Kong COO in 2021
Ant Group raises transaction limits in China for foreign users
Ten partner wallets can now enjoy the increased limits.
China raises annual mobile payment limit of foreign visitors to $50,000
The single transaction limit has also been raised to $5,000.
Weekly Global News Wrap: US banks’ profits down 40%; NYCB loses $5b in deposits
And Greece’s biggest lender optimistic profits will grow through 2026.
Indosuez Wealth Management names two new directors to North Asia team
Indosuez Wealth Management has appointed two new directors to its North Asia Team.
OCBC unveils new financing programme for women SME owners
They can avail of up to $100,000 in loans with processing fees waived.
Siam Commercial Bank buys Home Credit Vietnam Finance for $849m.
The transaction is expected to be completed in the first half of 2025.
UOB’s Christine Ip reflects on 3-decade banking career and circling back to the arts
Ip believes that finance and creativity go hand-in-hand in building a holistic pool of talents in UOB.
Citi’s Shally Koh on how to foster a more diverse banking organisation
The bank is touting its male allyship and mother support programs as part of its bid for gender equality.
StanChart's Maisie Chong on never saying no to seizing opportunities, paying it forward
Chong shares the joy of finding greater satisfaction and fulfilment through the course of work.
Commentary
The Asian connection: China's path to sustainable growth