News

CIMB Philippines triples revenue, doubles loan portfolio in H1

The digital-only bank now has 7.13 million customers in total.

Public bank ties up with gov’t to finance SMEs

Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.

Financial fitness is a major factor when it comes to the quality of life: Study

Developed markets scored lower than those in emerging markets. 

Strong regional earnings boosts MUFG’s profits

In case of trouble, MUFG has a high likelihood of getting government support.

BOCHK Hong Kong dollar interest rates stay the same

Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate.

CEO TG Limcaoco to speak on BPI’s digital transformation at Manila forum

Bank of the Philippine Islands (BPI) has a big and bold ambition — that is to have 50 million customers by 2026; and it intends to do it by embracing digital innovation for banking excellence.

10 overseas e-wallets now usable in China

Alipay+-in-China’s programme added seven new Asian e-wallets.

HSBC earmarks $1b to support climate tech start-ups

They hope to fund start-ups offering a range of climate tech solutions.

SCB, SMBC act as lead arrangers, coordinators for €500m green loan

The Thai company plans to use proceeds for refinancing purposes.

BOCHK warns of 9 fraudulent websites, phishing email

It has reported the case to local authorities.

BEA warns against 16 fraudulent websites

It has reported these sites to the local police and the HKMA.

HSBC taps 8 ex-Credit Suisse bankers for equities business: report

Appointments were for Hong Kong, London, New York, and Mumbai.

Credit Suisse to pay $1.013b to Georgian billionaire Bidzina Ivanishvili: SG court

The found that Credit Suisse failed to secure trust assets of Ivanishvili. 

Changi Pay joins Alipay+ ecosystem, can now be used to pay in China

New users who top up S$50 will receive S$40 off iShopChangi purchases.

Why optimised office space unlocks more workplace value for banks

Mike Davis, Managing Director of Occupier Services for Asia-Pacific at Colliers, sheds light on the real estate strategies employed by banking and finance firms to enhance business performance.

MAS enforced over S$20m in penalties in past 18 months

Authorities issued 18 prohibition orders and logged a total of 39 criminal convictions.