News

The local chemicals industry has as high as 12% of B2B debt turning sour.

Indonesia’s BCA and StanChart Taiwan also topped the list.

Financial service institutions are hurtling towards a new frontier in the financial industry, navigating drastic changes in regulations and customer demand, new sustainability-related risks, and intensifying competition.

Technology is very much one if not the most  influential factor rapidly transforming the financial services industry, with decentralized finance and buy now pay later being key focus areas, according to the analysts and market leaders taking part in the first panel of the Asian Banking & Finance Summit 2022.

Users can gradually replay in flexible installments.

Tech failures will have significant reputational and regulatory consequences for banks.

It will be issued under a $41.5b (US$30b) global medium term note programme.

Rising costs and no more relief from the regulator will cause a rise in the bad loans ratio.

Over 380,000 clients are expected to be affected once they leave the market by end of the year.

Sources said that the deals, worth billions of won, were executed over the past year.

However, DCM underwriting fees were slightly lower than in 2021.

The card offers 10% cash back for online transactions through OCTO Mobile.

Kelly Greig will offer tailored advice and services to affluent clients in Asia.

Users can now pay with QR code in one of UnionPay’s 31 million retailers worldwide.

Singapore Citi Country Officer Gupte is now head of South Asia & ASEAN.

It is DBS’s first AUD-denominated green loan.