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RAB, Summerland merger will enhance their business stability: S&P
Their risk-adjusted capital ratio should remain above 15%.
RAB, Summerland merger will enhance their business stability: S&P
Their risk-adjusted capital ratio should remain above 15%.
2024 Policy Address: Family office policies affirm HK's wealth management hub status
An analyst said the initiatives will boost investor confidence.
Governance issues weigh on Bangladesh’s Social Islami Bank PLC
The government recently replaced its board and made changes to its management
Shinhan FG to maintain ‘resilient’ credit profile despite subsidiary woes
Whilst two subsidiaries saw trouble, other key subsidiaries maintain stable outlooks.
2024 Policy Address: Hong Kong to boost offshore RMB business
Plans include upgrading the Central Moneymarkets Unit.
Summerland Bank and Regional Australia Bank to merge
Regional Australia Bank had just finalised a merger with Macquarie Credit Union.
DCS Card Centre launches Visa card with three rewards options
Cardholders can choose either investment credits, miles rewards, or cash rebates.
Aspire receives IPA for the Major Payment Institution license
This supports the company's goal to build a user-friendly financial platform.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
Vietnam’s debit card payments market to be worth $65.6b in 2028
The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.
Tighter policies drag South Korean household loan growth in September
Banks have supposedly stepped up their efforts to manage household debt.
Japan and Indonesia renew their bilateral swap agreement
The size of the BSA is up to $22.76b or its equivalent Japanese yen.
Taiwan credit cards’ balance rose in August
But the amount of monthly retail sales was 7.96% lower than in July 2024.
SME loans in Taiwan rose in August
A total of NT$10.17t loans has been extended to SMEs.
Overseas Filipinos’ remittances up 3.3% to $3.2b in August
Cash remittances coursed through banks rose by 3.2% during the month.
Cambodia enables QR payments from foreign e-wallets through Alipay+
They can now make payments in over 1 million Cambodian merchants.
ING names Uday Sareen as APAC chief exec and head of wholesale banking
He first joined ING in 2007.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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