News
South Korean banks’ net income down 23.9% in Q3
Non-interest income and return of assets both fell during the quarter.
South Korean banks’ net income down 23.9% in Q3
Non-interest income and return of assets both fell during the quarter.
GCash now provides real-time forex rates, translates e-money according to currency
GCash users can use the e-wallet in 17 markets.
Korean banks’ delinquency ratio drops to 0.39% in September
The bad loan rate of corporates rose compared to August.
Hang Seng Bank warns customers of fraudulent Facebook accounts, links, and websites
Customers are advised to report any suspicious emails, messages, accounts, or websites claiming to be Hang Seng Bank.
PH’s Sarangani Rural Bank ex-officers charged for breaking banking law
They have been sentenced to 5 years’ imprisonment and fined up to $877 each.
MAS unveils responses for proposed regulation of DPT service providers
Regulations are expected to take effect in phases beginning mid-2024.
Mastercard, NTU launches new masters program on cybersecurity
The program is tailored for professionals seeking a spot in the cybersecurity space.
Hong Kong’s ZA Bank to roll out US stock trading services
The Hong Kong SFC has lifted previous conditions to the bank's securities license.
Maybank profits up 21% to $1.48b in 9M 2023
Profit before tax is up 14.4% in the first nine months of the year.
Kasikornbank increases stake in Indonesia’s Bank Maspion to 84.55%
The Thai bank is injecting an additional US$226m in Bank Maspion.
Weekly Global News Wrap: State-owned Russian bank files lawsuit against JP Morgan; Morgan Stanely names new wealth management head
And minority- and women- owned investment banks are making small waves in Wall Street.
CIMB Singapore announces 2.88% interest rate for CIMB BusinessGo
There are no minimum fall-below fees until 31 January 2024.
Citi names new senior leaders for Asian banking clusters
Leadership changes abound for its investment banking and corporate banking businesses.
Thai banks’ profits improve in Q3, but bad loans also rose
Authorities to monitor debt serviceability of SMEs and households.
Digital loan platform Lendela secures $5m in funding round
Chocolate Ventures and Cocoon Capital led the round.
UOB, Visa, SG fintech Doxa to facilitate quicker payments for contractors
JTC and Kimly have joined the trials in the Doxa Connex platform to simulate payments.
Mastercard can commence domestic bankcard clearing activity in China
This follows after authorities first approved Mastercard NUCC’s application in 2020.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
The bank’s digital solutions are winning over younger generations with 3.
Partner Sites
Thought Leadership Centre
In Association with