News
Keppel, DBS join hands to scale up sustainable solutions in Asia
The partners will focus on India.
Keppel, DBS join hands to scale up sustainable solutions in Asia
The partners will focus on India.
Strong income drives CIMB to a 26.2% net profit growth in H1
An interim dividend of 17.5 sen per share has been proposed.
Standard Chartered Bank's Jim Byrden to highlight importance of cyber resilience, AI in banking at upcoming summit
Standard Chartered's Managing Director of Assurance and Testing in Group CISRO, Jim Byrden, shares valuable insights on emerging technologies and cybersecurity ahead of his speaking engagement at the Asian Banking & Finance Summit in Singapore this September.
Card payments in New Zealand to grow 6.5% in 2023:GlobalData
It will reach about NZ$102.4b.
Maybank’s first half profits surge 26% YoY
Its further expansion was dampened by a contraction in net fund-based income.
New Zealand banks to persevere amidst inquiry by Commerce Commission: S&P Global
The banks, Australia-owned, hold a total market share of 85%.
Foreign currency deposits push Hong Kong deposits to a 1.2% rise in July
Hong Kong dollar deposits dipped, whilst foreign deposits rose.
Chinese banks cut deposit rates: report
The banks cut deposit rates between 5 and 25 basis points.
MAS-licenced MoneyOwl to wind down financial advisory business
The company found that its advisory business is not financially viable.
Hong Kong has issued US$22b in green bonds: report
Proceeds for the bonds have been allocated or earmarked for green projects.
Hong Kong’s mortgage loans drop 18.2% in July: HKMA
Applications also fell to 8,086.
Mizuho Financial Group issues $817m green bond
Funds raised will be used to finance green projects, the group announced.
CITIC Limited reports $4.4b profit in H1
An EPS of RMB1.10 has been announced.
Hong Kong’s business scholars target top finance employers for work-life balance
Educators at business schools confirm that students’ career priorities have shifted.
Virtual bank Trust turns one; 2.1 million transactions logged
The bank is giving away 100,000 bags of rice and doubling its referral rewards.
Alipay+, Malaysia’s PayNet ink deal for smooth digital payments
This further expands the regional cross-border digital payment plan of Alipay+.
Public Bank posts 18% YoY net profit growth for 1H 2023
Its overseas operations accounted for 7.8% of the overall earnings.