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DBS Hong Kong unveils eLaisee function
Customers who send an eLaisee also have the chance to win up to HK$288 in cash rewards.
DBS Hong Kong unveils eLaisee function
Customers who send an eLaisee also have the chance to win up to HK$288 in cash rewards.
Wilmar International bags US$200m sustainability-linked trade finance facility
It sealed the deal with Standard Chartered.
India’s HDFC Bank net profit up 18.3% in Q4
Net interest income and fee income rose to INR6,052.6 crore during the quarter..
Bank of Thailand issues consultation paper on virtual bank licensing
BOT is inviting comments and suggestions on the proposed framework by 12 February.
South Korea’s household lending rate soars to highest in 10 years: report
The household lending rate hit 5.57% per annum on average in November.
UOB to issue S$850m perpetual capital securities with 5.25% rate per annum
The distribution rate will reset on 19 January 2028 and every five years thereafter.
Indian banks’ lending to NBFCs up 150% from pre-COVID levels
In November, banks' outstanding credit to NBFCs rose 33% from 2021.
Financial stability a priority for Hong Kong: finance secretary
Chan expects more support from mainland China as the latter’s economy recovers.
Indonesia’s Bank Danamon expected to hit $245m profits in 2023: analyst
Synergy with parent company MUFG will help grow its corporate and SME loans.
Weekly Global News Wrap: Wells Fargo slimming down mortgage business; Swiss central bank reports biggest annual loss ever
And US banks expected to report lower earnings as they brace for economic slowdown.
Hong Kong’s ZA Bank launches debt consolidation program Debt Changer
Users can defer payment for a month for every 12 month tenor they take.
Chart of the Week: Taiwan’s card payments market value to hit $172.8b in 2026
Usage will rise to 64 uses per card per year, from 45 annual uses a card in 2022.
Mastercard names Gautam Aggarwal as division president for South Asia
Aggarwal will oversee the card payment provider’s activities across South Asia and India.
Robinsons Retail to buy 4.4% stake in BPI
Robinsons Retail will purchase 4.4% interest in the Bank of the Philippine Islands.
Hong Kong’s ZA Bank unveils short-term savings plan with up to 5.25% p.a. return
It has an 18 month lock-in period and offers a 0.65% discount for a limited time.
Bank of Singapore names ex-Goldman Sachs SG CEO as new chief
Jason Moo served as CEO of Goldman Sachs Singapore from 2017 to 2019.
Citi names Aftab Ahmed as Citibank Taiwan chairman
Ahmed has worked in Citi for over 40 years.
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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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