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HDBank reports profit before tax of $500m for Q3
HDBank reports profit before tax of $500m for Q3
Its consumer finance arm HD SAISON grew its loan book by 15%.
MAS unveils plan to advance tokenisation in financial services
The plan focuses on four areas.
Hong Kong’s digital banks play crucial role in developing the fintech ecosystem
Public acceptance of digital banks is increasing in the city.
The Access Bank UK Limited officially opens Hong Kong branch
It will focus on international trade and commercial banking.
Hang Seng Invest, SAB Invest launch ETF
The ETF will debut on the Saudi Exchange on 31 October 2024.
Crypto platform Gemini clinches in-principle approval in Singapore
Gemini is one step closer to getting a major payment institution license.
OCBC demonstrates intraday institutional lending capabilities
It made use of reverse repos on J.P. Morgan’s Digitial Financing app.
BOCHK reports 6.1% higher net operating profit for Q3
There were reportedly more business opportunities as tourism recovered.
Singapore launches GFTN to strengthen fintech hub status
Sopnendu Mohanty will leave MAS in 2025 to become group CEO of GFTN
Endowus Hong Kong’s client base increased sevenfold
The group has surpassed US$200m in private markets and hedge funds.
IATA to offer digital currencies in its financial settlement systems
It will being offering the digital renminbi in the China Billing and Settlement Plan.
Weekly Global News Wrap: Ayala sells part of GCash stake; Some FIs halt trading with Nomura
And Jamie Dimon blasts several US regulatory initiatives.
Trust Bank, Income Insurance rolls out new travel insurance
It offers coverage for unused entertainment tickets, and shopping and baggage coverage.
BOCHK makes fully automated transactions of corporate remittances
BOCHK is the first Hong Kong commercial bank to connect to mBridge.
BNY appoints Fabian Khoshbakht as head of APAC treasury services
He will remain the treasury services head of Client Insight and Innovation.
Hang Seng Bank eyes Middle East expansion
Its two subsidiaries already have collaborations planned in Saudi Arabia.
Standard Chartered, Ant complete HKD intra-group transactions
Ant will make use of StanChart’s treasury management principles in moving funds.
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