News
Chart of the Week: Hong Kong’s card payments market to grow 4.8% in 2023
Growth of e-commerce will spur card payments’ growth even further.
Chart of the Week: Hong Kong’s card payments market to grow 4.8% in 2023
Growth of e-commerce will spur card payments’ growth even further.
Standard Chartered names ex-Credit Suisse banker as new sustainability strategy head
Barsky was previously global head of sustainable finance at Credit Suisse.
StanChart Singapore appoints new head of HR
Standard Chartered Bank has appointed Yang-Sheng Wong.
SEA’s interest in lending products increase 15%: Study
Total number of monthly requests is at 741.5k per month.
Bank of the Philippine Islands relocates main office temporarily
This is in view of the temporary relocation and consolidation of its three leased offices.
HKMA, local bank association launch charter to prevent credit card scams
The industry is directed not to send SMS with embedded hyperlinks.
Digital upskilling vital to Asian banking sector’s future
Coursera’s Raghav Gupta stresses the necessity of bridging the skills gap amid the rapid pace of digital transformation in the Asia Pacific banking scene.
Visa, Hyundai Card team up to create data products
This alliance consists of 18 major industry players.
Korea Eximbank issues $580m Kangaroo bonds
This is the largest amount raised by a South Korean lender.
Bank of Shanghai to have sound asset quality, profitability at 0.7%: Moody’s
The bank’s net income/tangible assets fell to 0.74% in 2022 due to a decline in net interest income and fee income.
UOB partners with Jewel Changi for cards campaign
This campaign aims to expand its reach toward ASEAN countries.
Ping An Bank commits first loan for carbon capture project in China
The project is valued at RMB180m ($24.8m).
Thailand’s KTC, Ant Group launch Alipay+ services in Thailand
Tourists can now pay using AlipayHK, Touch ‘n Go eWallet, and Kakao Pay.
MAS kicks off public consultation for code of conduct of ESG ratings, data products
The proposed code will establish minimum industry standards of transparency in methodologies and data sources.
Southeast Asian banks thrive in competitive differences, digitalisation
Maybank’s Thilan Wickramasinghe reveals contrasting strategies employed by banks in the region and the impact of technological trends on the sector.
SG’s PayerMax receives licence from Indonesia’s central bank
This makes Indonesia its sixth market to obtain a licence.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
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