News
CIMB launches green loan for SMEs
CIMB launches green loan for SMEs
They can receive rebates of up to 0.4% depending on their targets.
Malaysia’s central bank fines Bank of China for unapproved system relocation
The bank reportedly failed to obtain approval before relocating the systems.
HSBC’s net profit down 2% to $17.7b in H1; dividend is $0.10
Gains from the sale of its Canada and France businesses were offset by impairments.
MUFG invests $338.5m in India’s DMI Finance
DMI Finance has provided loans to 15.2 million customers in India as of March 2024.
MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth
It seeks to disprove doubters of digital banking, which has struggled to live up to the hype.
Evolving digital strategies boost brand equity and revenue
Precise targeting is essential for maintaining long-term brand equity.
Blockchain enhances liquidity in private and alternative investments
Blockchain makes private investments more accessible and boosts financial inclusion.
Chinese banks’ assets, profits expand in Q2
Assets of large commercial banks expanded 7.9% during the quarter.
South Korean banks’ net income down 11% in H1
Interest income grew but net interest margin (NIM) dipped.
Bank of East Asia logs HK$2.1b profit for H1
Ongoing commercial real estate (CRE) concerns led to the 19.9% decline.
Millennials, Gen Z embrace investing earlier than older gen
Financial security and family support are their top goals in investing.
Social Islami Bank faces weakened funding and liquidity
The possible withdrawal of central bank support can hurt depositor confidence.
Geopolitics, elections to take APAC banks in a “bumpy ride” in H2
Financial institutions are overall well-buffed against risks.
7 in 10 wealth owners keep assets in at least 2 countries: survey
The report surveyed 13,500 individuals with a net worth between $3m and $99m.
DBS enhances gov’t grant payouts using blockchain for faster distribution
Once conditions are met, the cash is disbursed automatically.
BOCHK warns against suspicious SMS messages
It reminded customers that it will only send messages starting with a “#”.
EastWest Bank reports $62.12m net income for H1
Its deposits and loans expanded by over 10% compared to H1 2023.
Thought Leadership Centre
Most Read
1. OCBC scales regional SME support with S$25b sustainable finance goal 2. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 3. Standard Chartered unveils first-ever Global Fusion Centre in Malaysia 4. CIMB offers up to 6-month relief for customers hit by Middle East conflict 5. APAC Q1 investment banking fees fall 5% on M&A and loan slumpResource Center
Read Here
Advertise
Sign Up
Events
Event News
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge