News
Korean banks’ lending to corporates, SMEs rise in August
Loans extended to large corporations and SMEs both rose during the month.
Korean banks’ lending to corporates, SMEs rise in August
Loans extended to large corporations and SMEs both rose during the month.
Mortgages drive demand for South Korean household loans in August
Demand for other loan types fell, however.
HSBC names Lok Yim as regional head of APAC global private banking
Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business.
YouBiz unveils multi-currency corporate cards in Singapore
The card can be issued in 9 currencies without FX fees or monthly subscription fee.
BDO Capital's president shares insights on infrastructure financing in the Philippines
In a recent ASEAN meeting, ministers emphasised the need for post-COVID financial solutions in Southeast Asia, shining a spotlight on the critical issue of infrastructure financing.
Australia’s Zip teams up with Primer to accelerate US expansion
Primer is expected to help drive distribution of Zip’s BNPL services in the market.
BNPL poses changes, but opens opportunities for banking industry
YCP Solidiance’s Gary Murakami gives his insights on future trends amidst the emergence of FinTech companies.
Singapore’s banking customer experience stagnates in 2023: Forrester
Citibank and DBS improved their CX scores, whilst three other banks got lower scores.
‘Optimism’ drives credit activity growth in Hong Kong
Hong Kongers are more optimistic about their household finances for the next 12 months.
HSBC raises rates on new Hong Kong mortgages to 4.125%: report
The raise will come into effect on 18 September.
Citi makes new appointments in APAC treasury and trade business
Sumanta Panigrahi is the new APAC TWCS head, whilst Thus De Silva is the new APAC head of commercial cards.
StanChart names Mike Tan as new global head of wealth planning and family advisory
He will start in his new role on 25 September.
CIMB raises sustainable finance target to $13.7b by 2024
The bank has already directed close to $9.6b in sustainable finance since 2021.
Thailand’s KBank has issued U$546m in sustainable financing
It shared plans to replace its cards with EVs or shift to using biofuel.
Standard Chartered HK to maintain good loan quality, profitability
The non-performing loan (NPL) ratio will likely increase as well, however.
Robocash Group enters new phase as ‘UnaFinancial’
It plans to expand its services in the financial sector.
BPI’s first half earnings leaps one-fourth from last year’s
It reached a consolidated net earnings of P25.3b during the period.