News
Sumitomo Mitsui appoints Tomofumi Watanabe as new co-head of APAC structured finance
He was previously general manager of the Global Structured Finance Department Tokyo.
Sumitomo Mitsui appoints Tomofumi Watanabe as new co-head of APAC structured finance
He was previously general manager of the Global Structured Finance Department Tokyo.
Hong Kong’s livi bank unveil livi Flexi Loan
Customers can access up to HK$1m in loans in as fast a 2 minutes.
Singapore standardizes template for corporate environmental risk assessment
A workgroup composed of Citi, DBS, HSBC, OCBC, StanChart, and UOB worked on the questionnaire.
Chart of the Week: Buy Now Pay Later gains traction in Australia
Afterpay remains king, whilst new players seek to carve out their own space.
Here’s how you build a successful Buy Now Pay Later platform: study
Hiring the right talent and developing a good tech stack are key to success.
Chinese banks report double-digit profit growth in 2021
But they also face a difficult 2022 due to a triple whammy of challenges.
LINE Bank marks first year in Taiwan with 1.1 million users
The digital-only bank has been popular with young people.
Lockdowns, travel bans hurl new headwinds at banks in China, HK
Banks are expected to perform well in Q1, but market risks are on the rise.
Thunes takes majority stake in anti-money laundering tech firm
The global payments firm is investing $20m.
Citi unveils 12-week sabbatical leave programme for long-time employees
The programme is available to employees in Singapore, Hong Kong, and Japan initially.
Korea’s Shinhan Card vetting card numbering scheme following payment issues
There has been reports of unauthorized payments from its gift cards.
MUFG appoints June Raj as managing director for APAC Aviation
She is tasked with growing the bank’s aviation financing portfolio in Asia Pacific.
Citi appoints Angel Ng as head of APAC Global Wealth Management
She takes over from co-heads Fabio Fontainha and Steven Lo.
South Korean banks to ease lending criteria in Q2: report
The incoming new president had emphasized need to ease lending rules.
Taiwan bad loans climb to $2.24b in February
NPL ratio of all 39 domestic banks also increase to 0.18%.
Outseer spearheads round table discussions in “Accelerating Growth in Digital Finance Series”
Outseer Lead of Payments Security in APJ Ramesh Nagarajan to lead talks.
Citi launches its Sustainable Trade and Working Capital Loans solution
It aims to give liquidity for international trade finance activities and other commercial activities.
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