News
UOB and EnterpriseSG launch sustainability-linked financing programme for SMEs
The programme will help SMEs reduce sustainability-linked costs by 85%.
UOB and EnterpriseSG launch sustainability-linked financing programme for SMEs
The programme will help SMEs reduce sustainability-linked costs by 85%.
OCBC Ignite aims to double poly graduate intake
Only 3% of graduates join the financial sector full-time permanently.
Singapore’s big banks aim for 96% emissions cut by 2050
DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.
UOB Thailand ushers in new CEO
Richard Maloney will begin his role on 1 July.
China's bank assets grow to $60.14t in Q1 2024
This grew by 8.1% on a year-on-year basis.
Korean financial firms invest $42.1b in overseas real estate
This was an increase of $876m.
HSBC unveils new face for trade services with Global Trade Solutions
The bank outlined plans to give a safer, smoother digital trade experience.
Alipay+ and GHL enable cross-border payments in the Philippines
Mobile wallets include AlipayHK, KakaoPay, Touch ‘n Go, and Alipay.
Visa launches Subscription Manager service
It enables cardholders to view and stop recurring payments as needed.
Three Indian banks’ profitability to improve
However, their rising share of risky loans will weigh on asset quality.
Taiwan banks show stable asset quality
Fitch sees a favourable outlook for Taiwanese banks in the next 2 years.
Boost Bank launches digital app for underserved Malaysians
Deposits are protected for $53,234.
Philippines' liquidity at 5.6% YoY in April
It was slower than the 5.7% YoY in March.
RBI approves Zurich's 70% stake in Kotak Bank’s insurance arm
The acquisition is worth Rs5,560 crore.
Filipinos collectively spent 42 years on digital lending apps in 2023
About 63.4% of the time was spent on platforms offering personal loans.
High-net-worth market hits 4.8% in 2023
Thanks to an improving equity market and better macroeconomic environment.
ANEXT Bank boosts cross-border transactions sixfold
About 69% of its customer base are micro businesses.
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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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