News
Citi named top international IPO bank in APAC ex Japan
Citi named top international IPO bank in APAC ex Japan
The bank said that it has raised over $30b from IPOs for its Asian clients.
Check out the winners of the ABF Corporate and Investment Banking Awards 2021
Over 40 banks and financial institutions were awarded in this year’s programme.
Mizuho, IFC inks MOU to establish carbon facility
It will facilitate the purchase and sale of voluntary carbon credits.
Bank of East Asia unveils UnionPay QR code cash withdrawal service
All BEA ATMs in Hong Kong will offer this service.
Vietnamese neobank Timo partners with Mambu to offer cloud-core banking services
Vietnam’s banking industry is ripe for disruption with low financial inclusion but high smartphone ownership.
Hacker returns $260m of stolen crypto tokens to Poly Network
About $354m in crypto funds, mostly Ethereum tokens, are yet to be returned.
Cross-border payment startup Currenxie secures $10m Series A funding
The Hong Kong-based firm was founded by Goldman Sachs alumni.
AirAsia's BigPay secures $100m from South Korean conglomerate
The funding is just one step closer to BigPay’s ambition to be the largest challenger bank in SEA.
HSBC Singapore unveils enhanced int'l benefits for premier customers
Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.
Japan’s bank lending slowest in nine years: report
The slowdown reflects sluggish consumption as households hoard cash.
COVID resurgences pose risks to APAC’s structured finance deals
Deals in India, Australia, Japan, and South Korea are the ones at most risk.
India’s COVID surge to impede borrowers’ debt repayment capacity: Moody’s
The economy will return to growth by end of the fiscal year, but asset quality will remain in doldrums.
Singapore fintech investments reach $614.2m in H1 with smaller deals
The total transaction value is smaller than in H1 2020 but deal numbers are at a three-year high.
Bank of the Philippine Islands to cease coal financing by 2033
BPI aims to stop lending 45% of coal-fired powered projects.
South Korea card payments up 7% in July despite COVID resurgence
Online card payments are 28% higher than in July 2020.
NAB buys Citi’s Australian consumer business for $882m
Citi Australia’s senior management and about 800 employees are expected to join NAB.
Hong Kong finance experts on optimizing customer journeys whilst mitigating fraud risks
LexisNexis Risk Solutions and Asian Banking & Finance's latest webinar discussed ways on how the most tech-savvy banks are safeguarding their clients' data whilst not compromising services.
Commentary
Asia plays part in $129t global credit market pool
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind