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UOB to facilitate US$2.4b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
UOB to facilitate US$2.4b pipeline of investments in Vietnam
This is expected to create 13,000 jobs in the country.
Blue Prism reveals untapped opportunities of RPA adoption in financial services industry across APAC
Financial services industry has become a hotspot of digital innovation, driven by changing customer expectations, heightened competitions by new entrants and incumbents, stringent regulations, and technological advancements. Embracing the digital world is a strategic imperative to ride the economic recovery wave and build business resiliency. The pandemic exposed many productivity gaps between companies that adequately invested in digital platforms to continue business operations with a remote workforce, and those who were still reliant on manual processes.
Standard Chartered, IATA launch airline payment platform in India
IATA Pay offers instant payment options such as UPI Scan & Pay and UPI Collect.
Maybank reports $1.93b net profit for FY2021
Q4 2021 net profit rose to $330m.
BEA closes 2021 with 45.8% surge in attributable profits
The bank got a boost from a significant reduction in impairment losses.
APAC banks face lower credit losses: S&P
Credit losses in 86 banking systems globally are expected to equal $635b in 2022.
Dah Sing Bank announces more temporary closure of branches
The bank recently closed its Causeway Bay branch.
OCBC closes 2021 with 35% surge on profits
Proposed final dividend was increased to 28 cents per share.
Standard Chartered names global heads for CPBB business
Xie Wen and Mohamed Kerain are tasked with growing SC’s CPBB business.
Standard Chartered appoints Jessie Li as head of consumer, private, business banking
Li served as Hang Seng Bank China deputy chief executive and head of retail banking and wealth.
Thailand banking system rallies to higher profits in 2021
Net profit is 23.6% higher compared to 2020.
Thailand banks’ loans grew 6.5% in 2021
But gross non-performing loans rose slightly during the year.
HSBC appoints former JP Morgan exec as new COO
The new COO has experience in AI and analytics for business operations
Singapore's carbon tax hike to leave massive economic impact: banks
Power generation, manufacturing, transport industries will be the most impacted.
MAS extends facility to support bank lending to SMEs
This is to complement Enterprise Singapore’s temporary bridging loan programme for SMEs.
Weekly Global News Wrap: Commerzbank profits better-than-expected; Goldman Sachs raises financial targets
And US investment banks turn bullish on China.
UOB prices planned A$900m floating rate notes at 0.72% per annum
Its maturity date will be five years from the date of issue.
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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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