News
China’s big four banks saw market value growth in Q4
But capital ratios and loan-to-deposit ratios declined during the year.
China’s big four banks saw market value growth in Q4
But capital ratios and loan-to-deposit ratios declined during the year.
Malaysia unveils proposed guidelines for currency processing
It aims to improve transparency and accountability, amongst others.
Mizuho aims to join “trillion dollar club” in asset management: report
The bank is reportedly in talks with overseas asset managers for deals.
8 in 10 Filipinos say formal credit options more accessible in 2023: Digido
At least 1 in 2 respondents had an outstanding loan from a formal lender.
Security Bank updates terms for cash mgmt, trade finance solutions enrollment form
Notable changes include stating guidelines for T&C changes and its extent of accountability.
SMBC, Jefferies expand investment banking collaboration to EMEA
In 2023, SMBC had raised its ownership of Jefferies to 15%.
Philippine remittances up 2.9% to $3b in November: central bank
Cumulative personal remittances grew to $33.6b in the first 11 months of 2023.
Former PH finance secretary appointed to monetary board
He joins a seven-member board headed by BSP governor Eli Remolona, Jr.
Maybank Singapore unveils CPF time deposit for 2.9% per annum
They must allot at least S$20,000 from their CPF ordinary accounts to the time deposit account.
Thailand’s Krungsri teams up with Klook to elevate position in travel market
Exclusive privileges will be offered to the bank’s customers.
Weekly Global News Wrap: Citi to cut 20,000 jobs in two years; Spain’s BBVA expects higher dividend payout
And crypto firms in UK are introducing new risk assessment and profile tests ahead of stricter regulations.
Hong Kong’s Bank of East Asia inaugurates tower in Qianhai
It will serve as the bank’s strategic hub in the Greater Bay Area.
Krungsri launches cross-border QR payments to Hong Kong
Travelers need only to pay using the KMA krungsri app.
BRI’s BRImo app now has 30.4 million users
There were only 2.9 million users in 2019, in comparison.
HSBC to distribute Schroders multi-asset income fund
The launch of the fund comes as a response to the current high inflation and interest rate environment.
BDO to issue $89.2m in fixed-rate sustainability bonds
It has a tenor of 1.5% years and a coupon rate of 6.025% per annum.
Automation boosts efficiency in treasury
Excellence in treasury management is key to superior financial performance.
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