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UOB reopens nine branches in Singapore starting 8 June
UOB reopens nine branches in Singapore starting 8 June
Two wealth banking centres are also reopening.
Grab pilots GrabPay Card in the Philippines
It comes with a digital version within the Grab app.
Citi Singapore extends work from home setup until July
Majority of its 8,500 staff are working remotely.
Almost three-fifths of Singaporeans use mobile payments
62% expect that their mobile payment usage will increase next year.
DBS approves loans worth $1.1b for micro, small businesses
Interest rates of Enterprise Singapore financing schemes averaged 2-3%.
Japanese e-payment firms Konbini, Pay-easy join PPRO platform
This marks London-based PPRO’s entry to the Japanese e-commerce market.
Japan's SMBC, Clifford Capital grant $140m loan for 300MW oil-fired plant
It’s the first IPP in Bangladesh financed by international commercial financiers.
DBS to hire over 2,000 people in Singapore amidst economic slump
More than half will be apprentices and specialised roles.
MUFG Bank, co-firms to establish $93.5m healthcare fund
The fund is for companies engaged in R&D and manufacture of therapeutic drugs and vaccines.
Less than 20% of Hong Kong adults ‘understand' fintech apps: survey
The majority of the city use such apps for personal finance.
OCBC's credit costs to recede after Q1 ‘front-load'
The bank expects to record 100-130bp in cumulative credit costs.
DBS prices first SORA-based floating rate notes
The notes have a notional amount of $14m (S$20m).
DBS unveils customised digital financial planning tool
It is integrated into the DBS/POSB internet banking app.
Krung Thai Bank's Q1 net profit slips 17% YoY to $187m
Higher provisions against rising NPLs triggered the fall.
UnionBank bolsters digital tools amidst Philippine lockdown
It recorded a 160% surge in online banking sign-ups in March.
Citibank Hong Kong launches special personal loan
Clients can apply for loans up to $30,000.
Singapore regulator urges clients to refrain from visiting financial firms
They are encouraged to use digital channels for their financial needs.
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1. Barclays launches Singapore private bank booking centre 2. India card payments post five years of growth: GlobalData 3. Singaporeans lead in digital wallet adoption but AI commerce trust lags 4. Citi to launch Hong Kong's first virtual card with dynamic CVC 5. APAC has mastered domestic payments. The next challenge is connecting them.Resource Center
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Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
Commentary
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer