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SG fintech UnaFinancial establishes microfinance company in Uzbekistan
The installment loans to be offered will have repayment terms of 3, 6, or 9 months.
SG fintech UnaFinancial establishes microfinance company in Uzbekistan
The installment loans to be offered will have repayment terms of 3, 6, or 9 months.
HSBC unveils US thought leadership programme for Asian UHNWs
The three day programme will connect the UHNWs to tech leaders.
Korea’s Shinhan Card likely to maintain stable capital and liquidity
However, asset quality and profitability are expected to weaken, says Moody’s.
Korean regulators visit Hong Kong to discuss short-selling monitoring
South Korean reps met with investment banks and the CEO of SFC Hong Kong.
Singapore, Japan renew bilateral swap arrangement
Singapore can swap up to $3b whilst Japan can swap up to US$1b.
China, Thailand ink MOU to enhance local currency use
They will also promote cross-border payment and settlement.
Islamic finance to become a $6.7t industry by 2027: LSEG
Malaysia and Indonesia are amongst the world’s top Islamic finance markets.
Japan’s payment volumes rise by 50% in cherry blossom season
Rich travellers spend 20% of their budget on accommodation, Visa found.
Japan’s Chugoku Bank maintains strong liquidity despite weak loans
Higher interest rates will help improve profitability, Moody’s said.
1 in 4 Singaporeans concerned about payment fraud: study
Consumers want robust fraud protection when choosing their financial provider.
MAS bars ex-DBS rep from financial advisory work for 5 years
Hafiz was convicted to one count of abetting an offense on May 2022.
Japan’s SMBC bookmarks $64m for social value activities
The group has also established an investment fund.
India’s HDFC Bank clinches $500m to support microlending for women
The loan will enable the bank to grow its microlending to women, HDFC said.
Citi Commercial Bank Indonesia appoints Edwin Pribadi as its head
Pribadi returns to Citi after spending a decade with OCBC Indonesia.
Public Bank’s net profits down 3.5% to $351.94m in Q1
Total loans and deposits grew in Q1 compared to Q4 2023.
KBank Private Banking, EQT Partners unveil new private equity fund
The minimum investment is THB500,000 with an 18 month lock-up period.
Mizuho to help deploy AI to study Hachijo’s humpback whales
The project will run from May to October 2024.
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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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