News
Malaysia, Indonesia renew bilateral swap agreement.
The agreement has been extended for another 5 years.
Malaysia, Indonesia renew bilateral swap agreement.
The agreement has been extended for another 5 years.
Why do CFOs struggle with sustainability reporting requirements?
The study said 60% are unsure about the resources required to meet new reporting obligations.
Hong Kong rate cuts provide ‘modest’ relief to borrowers
Banks in the city still face profitability pressures, CRE-related woes.
Thai banks to reduce credit costs towards Q4: analyst
Earnings rise of 2% on average expected for Q3.
Axis Bank, Mastercard, launch credit card for business owners
Cardholders will gain access to select airport lounges and are offered travel insurance.
Citi partners with Apollo to form $25b private credit
The program will launch in North America; may expand to other markets in the future.
EFG Bank clinches three Citi bankers to bolster Hong Kong operations
Seamus Yin, Miao Miao, and Lianghan Chen all previously worked at Citi Private Bank.
Digital banking adoption grows steadily with no major changes
Digital banking users are expected to reach 3.6 billion globally this year.
South Asia, SEA have ‘greatest potential’ for fintech lending: study
South Asia’s fintechs and young population lifted its rankings.
Citi names Tokiya Kishie as head of markets for Japan
He is tasked with driving growth and leading the markets franchise in Japan.
Delinquency rate of South Korean banks at 0.47% in July
The volume of resolved loans was lower than in June.
Taiwanese banks extended $395.26m SME loans in July
SME loans accounted for 64.4% of all corporate loans.
Taiwan’s financial regulator names new director general for financial examination
Chen-chang Tong assumed his new role on 25 September 2024.
YouBiz, CloudMile announce AI and cross-border payment partnership
Companies using a YouBiz corporate card will receive up to a 5% discount.
Chart of the Week: NZ card payments to reach $75.1b by 2028
The market is expected to grow at a compound annual growth rate of 4.1%.
DBS launches financing, hedging solutions for EU ETS climate obligations
EU ETS is the world’s first carbon emissions trading scheme.
Hong Kong banks can handle CRE risks: analyst
They’ve been implementing measures to lower China-related property exposures.
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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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