News
GoTyme Bank partners with BSP to enable coin deposits
GoTyme Bank partners with BSP to enable coin deposits
GoTyme Bank is reportedly the first bank partner to be integrated in the CoDMs.
Taiwanese banks’ total outstanding loans at $1.25t in July
The bad loans ratio remained at the same level as in June 2024.
Krungthai Bank temporarily closes 4 branches due to floods
One branch is separately closed due to suspended electrical supply.
Hong Leong Bank may reduce China stake as investment pays off
Its group earnings edge on overreliance on the Bank of Chengdu’s contribution.
Malaysian banks' profitability stable with reduced intervention risks
Some asset quality deterioration is expected as fuel subsidies ease.
Maybank invests in MSME finance platform Funding Societies
It did not specify the amount invested.
Indian banks deposits and credit grow at the same pace
Deposits have expanded by $147.73b between January-August 2024.
MAS warns of misuse in Worldcoin token, account trading
This incident could potentially violate the Payment Services Act 2019.
Heymax, Visa campaign drives spike in digital payments
The campaign has also contributed to an estimated carbon savings of 24 to 42 tonnes.
COURTS Singapore, DCS Card Centre launches new credit card
It offers 2% cashback and waives the first-year annual fee.
Public Bank commits $229.7m financing for SMEs
Public Bank is the largest financier of SMEs in Malaysia based on market share.
Banks ‘underprepared’ for instant payments: report
Only 30% of APAC banks have a strong tech foundation for instant payments.
Enough steps taken to ensure support with digital banking: MAS
Deploying ambassadors and phone banking were some of solutions rolled out.
MUAM to establish new organisation for credit investment
This will commence on 1 October.
YUP raises US$30m in Series B funding round
It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
Westpac names Anthony Miller as CEO
Before joining Westpac, Miller was the Australia/NZ CEO of Deutsche Bank for 4 years.
Standard Chartered names new CEOs for China, Vietnam units
Standard Chartered names new CEOs for China, Vietnam units
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