News
Indonesia’s Bank Agro appoints Kaspar Situmorang as CEO, to build neobank
Bank Agro will build on app Pinang's clientele to build a digital-only bank.
Indonesia’s Bank Agro appoints Kaspar Situmorang as CEO, to build neobank
Bank Agro will build on app Pinang's clientele to build a digital-only bank.
OCBC remains in agile, flexible work arrangement after local COVID surge
SIngapore has scaled back the number of employees allowed in the office to 50% of the workforce.
Singapore's finance sector to create 6,500 jobs in 2021: regulator
Approximately 6,000 of these new jobs are permanent positions.
Swiss bank completes acquisition of BMO Private bank in Singapore, Hong Kong
The acquisition includes clients and BMO’s relationship management team.
Weekly Global News Wrap: US to name new bank regulator supervisor; Deutsche urged to tighten money laundering watch
And investors doubt Canadian banks' commitment to emissions targets.
DBS smashes record with S$2.01b net profit in Q1
DBS' net profit doubled in the first quarter of 2021.
Singapore bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
Citi appoints director for APAC transition management and portfolio solutions team
James Clark will begin serving his new role on 24 July.
Banks in China, Japan still APAC’s largest lenders: S&P
S&P’s list of the region’s 50 largest banks saw 6 Chinese and 4 Japanese banks up top, whilst Australian banks slid down.
DBS, EY, Mox and more share how data, digital shape the future of banking
Over a hundred banking and finance professionals attended the ABF Retail Banking Digital Conference.
Chinese neobank MYbank aims to be active in 2,000 rural counties by 2025
The bank said that it has served over 35.07 million SMEs in 2020.
Singapore, Thailand launch real time cross-border payments system
Participating banks’ clients will be able to transfer up to S$1,000 or THB25,000 daily.
Airstar Bank launches 24-hour FX trading service
Customers who complete FX transactions worth HK$50,000 in total until 31 May will receive an HK$100 rebate.
Chart of the Week: Singapore’s card payments market to grow 10.2% in 2021
Business reopenings and ongoing COVID vaccination program will support spending.
DBS, J.P. Morgan, Temasek launch open platform for interbank payments
The three banks are building up on projects from their participation in Project Ubin.
Olympics, improving economy to push Japan card payments up by 9.5%
Card payments in Japan are expected to reach $1.1t by 2024.
Ant Group’s valuation might fall to $29b amidst regulatory scrutiny: analyst
Pre-clampdown, the group’s valuation is at $320b, according to Bloomberg Intelligence.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
![Why Philippine banks, insurers embrace hyper-personalized services]()
Insurance
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.
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with