News
Mox receives licence for HK-US equity trading services
Mox receives licence for HK-US equity trading services
The licence makes it the first Hong Kong virtual bank to offer this service.
MDBs certain on new financing principles with Paris Agreement targets
The collection of technical papers showcases their strategies and plans correlating to the Paris Agreement.
Maybank's asset quality, profitability to remain stable: Moody's
Despite the sluggish economic growth, the bank’s problem loan ratio is predicted to stay at 1.5%.
Hong Leong Islamic Bank names Dafinah Ahmed Hilmi as CEO
She spent the last 19 years working at HSBC.
Japanese regulator sounds out megabanks on China geopolitical risks: report
Its three megabanks have a total credit exposure of $64b to China.
Stable profits buoys Public Bank HK’s resilient credit profile
However, higher funding and credit costs will weigh down on profitability.
OCBC buys more Great Eastern shares for S$39.9m
OCBC now owns 88.4% of its subsidiary’s shares.
IndusInd Bank, Wise offer remittance services to US, Singapore
Internationally-based Indian citizens can remit from Singapore and the US.
JCB cards now serviceable through EazyPay in Bahrain
JCB card holders can now be used through the Bahrain-based service provider.
CIMB Singapore launches CIMB Bank Express
It uses chat bots, anamorphic displays, and interactive screens to support self-service banking.
India’s Axis Bank names central bank ex-deputy governor as non-executive chairman
N.S. Vishwanathan will assume the role on 27 October, pending approval.
Bank of East Asia extends weekend business hours in three branches
They will be open from 1PM to 5PM until 9 July 2023.
No changes to Hang Seng Bank's HKD dollar prime, savings deposit rates
Savings accounts with a total relationship balance of HK$1m or above will enjoy a bonus interest of 0.001% per annum.
MAS provides Sygnum IPA for licence
This expands their offering of regulated crypto brokerage service.
Dah Sing Bank shows solid capitalisation, funding and liquidity: Moody’s
The bank has a stable outlook due to its capability to maintain strong credit profiles, including solid capitalisation, funding, and liquidity.
Citi to provide custody and fund services to Fubon’s latest Hong Kong ETF
The bank works with over 40 ETF issuers covering 500 ETFs in APAC.
Bank of China HK’s HKD prime rate, savings deposit rate unchanged
Savings accounts with HK$1m will enjoy a bonus rate of 0.001% per annum.
Thought Leadership Centre
Most Read
1. Payment failures cost Singapore merchants $12b annually 2. Singapore's big 3 banks pivot to wealth as margins shrink 3. HSBC and HSBC Life sign Humansa MOU for HNW health planning 4. Citi targets APAC insurance investments with new senior hires 5. OCBC and Australian High Commission sign 5-year pact to boost SEA–Australia tradeResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
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