News

Crackdown may slow Vietnam banking processes: S&P

Vietnamese bank’s failure reveals corruption, fraud and violations in sector.

Australia, NZ retail banks face tougher headwinds

Both loans and deposits will see increased competition.

HSBC Singapore to open three wealth centres by 2025

The bank aims to boost client-facing roles by more than a third by 2028.

Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout

By 2023, cash in hand of $3.7b was enough to cover the acquisition.

JCB and Mandai Wildlife Group offer 50% discount to cardholders

The ticket covers three parks, including Singapore Zoo.

Malaysian bank and GHL collab to offer interest-free plan

It will be made available to more than 7,000 merchant terminals.

CIMB appoints new CEO

Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.

Malaysia's private sector credit grows 5.4% in April

Thanks to higher growth in both outstanding loans and corporate bonds.

GHL and BSN partner to expand in-store payment choices

Shoppers at GHL stores can now enjoy up to 36 months of BSN's 0% EasyPay.

Hong Kong mortgage loans drawdown rises by 9.9%

This was translated to $1.69b in loans.

Philippine’s bank loans expand by 9.6% YoY in April

It was higher than the previous month’s 9.4%.

DBS Taiwan Partners with Thales to issue 2-million eco-friendly cards

The bank aims to become the largest issuer of sustainable cards.

HSBC’s UniTransact to streamline cross-border transactions

New platform addresses digital payment challenges, enhances transaction efficiency in Indonesia.

Indonesia's money supply falls 6.9% YoY in April

Thanks to disbursed loans and net claims.

Citi meets wealth needs with launch of exclusive debit card

The card’s daily spending limit can be as high as HK$300,000.