Singapore
Is cash still king in ASEAN?
Is cash still king in ASEAN?
Card penetration for some countries fall below 50%, according to a study.
Japanese banks' loan growth to slow to 1.8% in 2019
The older population represents a shrinking client base.
Singapore to dominate forex with sub-second speeds
MAS looks for ultra-fast platforms that could route currency trades in milliseconds.
Weekly Global News Wrap Up: Morgan Stanley's wealth unit boosts earnings amidst trading decline; Deutsche Bank and UBS in talks for merger of AM units
And Saudi Arabia’s largest Islamic bank saw Q1 profits rise 21% to $771m.
This Singapore online lending startup offers personal loans up to S$50,000
Credit Culture offers personalised and instant loan terms from its proprietary credit-scoring engine.
Singapore banks set for Q1 profit boost as corporate loans and wealth income recover
Trading and wealth management income may have rebounded between 10-36% in Q1.
Standard Chartered unveils instant e-credit card issuance and loan disbursement
Personal loans of up to $200,000 can be disbursed within minutes of application.
Maybank Singapore unveils certified course to upskill employees
The course tackles data analytics, design thinking and cybersecurity.
UOB and KrisFlyer launch credit card and savings account to target frequent fliers
The card can be combined with a savings account to earn miles.
ICBC Singapore issues US$2.2b green bond for Belt and Road projects
The offering is available in three currencies: USD, CNY and EUR.
Maybank kills collaboration agreement with Tuaspring and Hyflux
It will appoint receivers and managers over the assets of Tuaspring, save for its desalination plant and shared infrastructure.
UBS Singapore to occupy 9 Penang Road by 2020
The building will house 4,000 staff and the bank’s in-house university.
Citi launches biometric authentication for APAC institutional clients
The solution eliminates the need for an app-based digital token.
Weekly Global News Wrap Up: US bank margins may have already peaked; Deutsche Bank could lose $1.7b in revenue from Commerzbank deal
And Credit Agricole and Santander are merging their custody and asset servicing arms.
Chart of the Week: AI business value for APAC banks to hit $98b by 2030
China, Japan, South Korea and Singapore will drive demand over the next 10 years.
Why you shouldn't miss ABF Retail Banking Forum 2019
Hear from the region’s top banking execs on how to stay ahead of changing industry trends.
Citi unveils digital onboarding for APAC institutional clients
Clients can open accounts in as quickly as two days.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge