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Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
Sumitomo Mitsui Card offers 1.98% merchant fees to SMEs
SMEs in Osaka will also be able to avail of an android terminal for free.
South Korea warns against loan scams using voice phishing
Such scams are expected to rise with banks’ launching assistance programs.
Household loans by South Korean banks rise in April
A series of IPOs in April and May helped push up credit loan volumes.
Malaysia, South Korea renew their bilateral swap agreement
The swap arrangement can be further extended via mutual agreement.
Atome’s BNPL debuts on Taobao Singapore
Every Saturday, Atome shoppers can enjoy a $12 off for a $120 minimum spend.
Shell companies and crypto propel money laundering risks in APAC
Trade-based ML is also on the rise, warned Forrester in its new report.
Mizuho Financial Group publishes impact business policy
The policy defines the bank’s course of action on impact-driven businesses.
Insurers turn to private markets for higher returns
Amidst economic uncertainty, insurers seek diversification and higher returns through private market investments.
MAS appoints trade minister Gan Kim Yong as new chairman
He will be replacing DPM Lawrence Wong.
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually.
Indonesia, UAE team up to promote local currency use in bilateral transactions
UAE and Indonesia's non-oil trade grew to $3.1b between 2017 and 2023.
CIMB Group’s opex to ease whilst non-interest income poised for growth
Loans are poised for a 6% growth, UOB Kay Hian said in a report.
CTBC Bank PH unveils redesigned web interface and mobile banking app
The app features personalised widgets and customisable features.
SGX welcomes ETF tracking APAC financial institutions
It has S$47m in assets under management at launch.
Standard Chartered names three leaders to global transaction banking team
The three new hires are previously from J.P. Morgan, DBS, and Bank of America.
Daegu Bank bets long-term with digital amidst home market issues
The Korean bank has turned its eyes to Seoul to grow its retail banking activities.
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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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