News
SCB taps Baker & McKenzie for inheritance asset legal support
The partnership aims to provide clients with legal and tax advisory services.
SCB taps Baker & McKenzie for inheritance asset legal support
The partnership aims to provide clients with legal and tax advisory services.
Is the BNPL market really booming?
BNPL faces consolidation due to rising rates, while growth continues in emerging markets.
Cambodian banks breach covenants as bad loans surge
ACLEDA, Hattha Bank, and LOLC have all breached their covenants.
GXS Bank launches term deposit product Boost Pocket
It is currently on offer with an interest rate of up to 3.48% per annum.
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
Bank Danamon struggles with credit costs due to subsidiary challenges
Credit costs rose to 2.8% in H1 2024.
Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partner
The partnership will also incorporate associated brands Alipay+, WorldFirst, and Antom.
Crypto ownership down to 26% despite resilience
However, 23% are likely to reenter the market.
Japan, Korea financial authorities hold in-person bilateral meeting
The two exchanged views about developments in their financial sectors.
South Korea’s household loans expand by $7.32b in August
There were “strong housing market activities” in the Seoul metropolitan area.
Australia’s planned AT1 phase out to have little impact on banks
If pushed through, the CET1 minimum requirement will rise to 10.50%.
Chinese small bank M&As to ramp up: Fitch
The lack of large banks in the mergers is to avoid contagion risks.
Malaysia, UK tout Islamic finance to bridge green funding gap
Islamic finance’s framework naturally aligns with social finance, an official said.
MAS safeguards enough to curb consumer over-indebtedness—MAS chairman
The news comes as bad debts jumped nearly 20% in Q1.
GoTyme Bank partners with BSP to enable coin deposits
GoTyme Bank is reportedly the first bank partner to be integrated in the CoDMs.
Taiwanese banks’ total outstanding loans at $1.25t in July
The bad loans ratio remained at the same level as in June 2024.
Krungthai Bank temporarily closes 4 branches due to floods
One branch is separately closed due to suspended electrical supply.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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