News

Australian structured finance issuance slowdown imminent in 2023: S&P

The multiple interest rate raises will begin to bite on issuers.

Australian structured finance issuance slowdown imminent in 2023: S&P

The multiple interest rate raises will begin to bite on issuers.

Filipinos spent 9 years in total using digital lending apps in 2022

Over 2.3 million users actively used a digital lending platform at least once a month.

DBS Hong Kong offers two-in-one instant loan and credit card combo 

Users just need to scan their HKID to get both cash and a digital card in a single application.

Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal

Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.

Economic growth to cushion rising risks faced by ASEAN banks

Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.

Payment cards account for 60.9% of e-commerce purchases in South Korea

Added-value benefits of using cards help maintain its dominance.

Banks in South Korea to maintain eased stance in extending loans: report

Increased lending capacity and intensifying competition encourage banks.

China’s big four banks $550m short of meeting loss provision

Expect a flurry of senior non-preferred issuance bonds from the lenders.

Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration

It expands their earlier business cooperation MOU signed in August 2019.

SMBC terminates capital alliance with Vietnam Eximbank

It will liquidate its entire equity ownership in the bank.

Citi names Sanjay Nambiar as head of cards and unsecured lending for APAC, EMEA

Nambiar has worked across various roles in his 17-year career with Citi.

HK’s livi bank launches QR payment option

From now until 31 March, customers can earn rewards up to HK$500 per month.

China reopening to push up demand for retail loans: analyst

China Merchants Bank will reap full benefits of the reopening.