News

Standard Chartered Singapore launches digital relationship manager app

It allows clients and managers to connect and authorise transactions.

Standard Chartered Singapore launches digital relationship manager app

It allows clients and managers to connect and authorise transactions.

China’s Huarong likely to receive extraordinary government support: S&P

This also bodes well for its overseas bond issuer Huarong International.

Taiwan’s banking sector stable despite recent COVID infection spike: Fitch

All local banks’ outlooks remain stable thanks to Taiwan’s economic resilience.

India, Philippines banks in trouble amidst renewed infection surge

Emerging banks in Asia continue to be in a tough operating environment, says Fitch.

Significant gaps remain in financial accessibility, awareness: study

Over half of both unbanked and banked individuals feel that they are underserved, Mambu’s study found.

Pandemic accelerates Singapore’s cashless push by four years: Visa study

About 31% of locals pick contactless cards as their most preferred payment options.

Vietnamese banks’ profits to improve: Moody’s

Higher yields from their retail loans will push up earnings.

Singapore banks' full-year loan forecast still at 'modest' 0.3%: report

Whether the uptick can be sustained remains to be seen.

BRI Agro partners with Payfazz to offer digital banking solutions

Payfazz agents can now offer Pinang’s savings, lending solutions to their 10 million customers.

Bank of Korea to carry out mock test on functionality of digital currency: report

The test will reportedly start in August and run until June 2022.

Deutsche Bank appoints new regional treasurer for APAC

Ip first joined the bank’s London branch in 2004.

APAC banks face time bomb of risks amidst new climate change policies

Those who drag their feet when it comes to ESG compliance face a future of impairments, reputational damage.

Indonesia mulls digital rupiah: report

The central bank is looking at how it will help monetary policy goals.

HSBC exits US mass market retail banking, sells 90 branches

All personal, advance, and retail business banking customers with turnover below $5m are affected.

Deutsche Bank appoints new head of trade finance & lending in China

Daniel Qian is also head of structured trade & export finance.

Thailand’s KBank unveils sustainability fund for institutional clients

K-SUSTAIN-UI will invest in a sustainability-focused fund managed by JP Morgan.