Frances Gagua
OCBC gives S$9m support to 14,000 junior employees
OCBC gives S$9m support to 14,000 junior employees
Payouts will be made between February to March 2024.
Hong Kong’s credit card issuers advised to seek more merchant deals
Most issuers focus more on onboarding card users, the study found.
Standard Chartered names Jacob Berman as Australia CEO
Berman first joined SC in 2012 and has worked in Singapore and Dubai.
BOCHK warns of phishing emails
It has reported the case to Hong Kong authorities.
Mizuho designates US intermediate holding company
It is required under the US Federal Reserve Board’s Regulation YY.
Mizuho Bank acquires all shares in pension subsidiary
DPCS operates a call center and online services offering defined contribution pension plans.
Citi names Joy Cheng as head of Hong Kong commercial bank arm
Cheng brings 30 years of banking experience to the role.
Citi completes proof of concept on tokenization of private funds
It found new functionalities that could lower barrier-to-entry, Citi said.
UBC Chairman Nirvana Chaudhary aims for Top 5 spot in Sri Lanka’s banking sector
He says collaborations are key to driving the Union Bank of Colombo to the top.
South Korean banks’ lending to companies up in January
This was due to season factors.
South Korea’s household lending accelerates in January
However, there was a fall in housing sale transactions in the past month.
South Korea’s major banks saw average lending rate fall in January
This is the second consecutive month of decline.
Loan growth ambitions push Indian banks to ‘deposit war’
Loan growth is expected to fall in 2025 with possible intensified deposit competition.
BPI, Helios roll out solar mortgage program in the Philippines
It has a 7% interest rate and has already onboarded 100 new homeowners.
MUFG appoints Wael Al Sharif as head of GCIB for MENA
He will be responsible for overall management and development of the business.
German, Philippine central banks ink MOU for personnel training
Deutsche Bundesbank will carry out training services and advisory assistance for BSP personnel.
Mizuho Financial Group’s total capital ratio is 15.97 as of end-Dec 2023
Both Mizuho Bank and Mizuho Trust & Banking reported higher total capital ratios.
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1. CIMB Philippines says fund transfer issue ‘resolved’ 2. UOB inks MOU with Accenture for AI adoption and application 3. Cambodia and Japan enable QR code payments between the two countries 4. Standard Chartered appoints Noelle Eder as group head of tech & operations 5. HSBC group chairman Mark Tucker announces retirementResource Center
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