News
Japan to break free from negative rate policy after wage hike: analyst
Japan to break free from negative rate policy after wage hike: analyst
The negative rate environment is likely to end in April 2024.
Public Bank net profits up 8.7% in 2023; 10 sen interim dividend proposed
Total dividend is 19 sen per share for 2023, to be paid out on 22 March.
Indian commercial banks’ bad loans declined by 21.1% in 2023: analyst
Net non-performing assets dropped to a record low in Q3 FY2024.
Expected gov’t support to prop up the Industrial Bank of Korea’s solvency: analyst
Exposure to the property sector remains small and does not pose material risk.
Maybank Singapore gave out up to S$1,250 to junior employees
The one-time payment was given out in February.
DBS, OCBC, and UOB post combined net interest income of $8.3b in 4Q23
4Q23 marks the 5th consecutive quarter that the combined NII of the big three was above $8b.
Hong Kong’s mortgage demand rose 36.8% in January
Loans for brand new and resale residential properties registered double-digit increases.
RHB Bank net profit rise in 2023; net credit costs to rise in 2024
Net interest margin is expected to be “flattish” in 2024 at 1.9%.
South Korea’s interest rates for new deposits, loans fall in January
Average interest rate for new loans taken by large firms dropped 12 basis points.
Japan banks’ domestic assets at $9.4t in January
Banks hold an additional US$1.6t of assets in their overseas branches.
JCB offers 10% cashback to Skyliner ticket
Members with a JCB card issued outside of Japan can avail of the cashback.
South Koreans’ card spending up 32% to $19.22b in 2023: report
The number of Koreans who traveled overseas tripled in 2023.
Model risk management vital for banking innovation
Ensuring effective decision-making and addressing new challenges like climate risk through robust model risk management.
Nature's decline threatens $10 trillion global GDP by 2050
There is a critical impact of biodiversity loss on the economy and the opportunities in sustainable investing.
Digido has served 1 million customers
Over 3 in 4 of the loans disbursed in 2023 were from repeat customers.
Weekly Global News Wrap: BBVA sets up finance unit for clean tech; Wells Fargo sued for ‘fake accounts’ scandal
Top regulator calls for EU banks to improve risk management.
CIMB net profit up 28.3% in 2024; special dividend proposed
The 7 sen special dividend is separate from the annual dividend of 36 sen per share.
Thought Leadership Centre
Most Read
1. HSBC unveils invitation-only Privé World Legend Mastercard 2. Payment failures cost Singapore merchants $12b annually 3. Singapore's big 3 banks pivot to wealth as margins shrink 4. HSBC and HSBC Life sign Humansa MOU for HNW health planning 5. OCBC Q1 profit rises 5% to $1.97b on fee gainsResource Center
Read Here
Advertise
Sign Up
Event News
Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance