News

Citi Hong Kong launches 2022 Citi Tax Season Loan

Customers can loan up to HK$2m or 12 times their monthly salary.

Citi launches digital proxy voting service in Australia, New Zealand

Investors can vote and receive confirmation in real-time.

Hang Seng Bank, QFPay HK offers faster loans to SMEs

SMEs need only share their commercial information in the Commercial Data Interchange.

Kotak Mahindra Bank’s profits up 27% in Q2

It has over 36.6 million customers as of end-September.

ICICI Bank net profit up 31% to $929m in Q2

Its loan portfolio also grew 23% compared to the same quarter last year.

BNPL code launched, outstanding payments limited to S$2,000 without credit assessment

Consumers are now entitled to make full repayment without early repayment fees. 

1 in 3 private home mortgages under a floating rate: MAS

For HDBs, that’s just 1 in 5 loans extended by financial institutions.

OCBC appoints Sunny Quek as head of global consumer financial services

He will lead the bank’s banking and wealth business in Singapore.

Digital wealth platform Syfe launches Cash+ in Hong Kong

It offers 3.5% projected yield per annum, and interest accrued on a daily basis.

Mastercard offers up to HK$140 in rebates for new KeyChain Pay users

Current users can enjoy a 28% discount on the transaction fee.

UOB launches expanded U-Solar programme in Singapore

U-Solar 2.0 will be rolled out in Malaysia, Thailand, and Indonesia in Q1 2023.

ZA Bank unveils USD funds

Subscription fees waived until the end of the year.

Singaporeans still keen on ATMs, branch banking: study

3 in 4 Singaporeans still frequently use ATMs.

DBS offers SMEs up to S$300,000 financing with DBS Quick Finance

Customers can choose between an overdraft or a loan.