News
StanChart HK inks MOU to promote business, dev’t between HK and Dubai
This include promoting the growth of family offices, fintechs, and virtual asset industries.
StanChart HK inks MOU to promote business, dev’t between HK and Dubai
This include promoting the growth of family offices, fintechs, and virtual asset industries.
Standard Chartered launches sustainable trade loan
The loan will be available for select eligible activities, such as installation of wind turbines.
Hang Seng names new head of commercial banking
She will take over Donald Lam beginning 14 October.
Citi India initiates 12-month WFH set-up after mothers give birth
This comes on top of their paid maternity leaves.
UOB Malaysia unveils supply chain management services in UOB Infinity platform
UOB clients will be able to digitally connect to buyers, suppliers, and distributors across Asia.
Citi Securities Services joins DLT-powered fractional bond exchange
Citi will provide settlement and custody services in the back end.
Citibank China clinches Futures Margin Depository Bank approval
It is the first American bank to clinch the approval.
OCBC’s Wisma Atria branch launch new partners, celebrates anniversary
The branch receives 7 times more credit card applications compare to banking-only branches.
MUFG closes $404m green loans to build two data centres in Jakarta
This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.
South Korean banks’ deposits up by $21b in August
Transferable deposits and time deposits both grew.
Korean banks’ lending to corporates, SMEs rise in August
Loans extended to large corporations and SMEs both rose during the month.
Mortgages drive demand for South Korean household loans in August
Demand for other loan types fell, however.
HSBC names Lok Yim as regional head of APAC global private banking
Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business.
YouBiz unveils multi-currency corporate cards in Singapore
The card can be issued in 9 currencies without FX fees or monthly subscription fee.
BDO Capital's president shares insights on infrastructure financing in the Philippines
In a recent ASEAN meeting, ministers emphasised the need for post-COVID financial solutions in Southeast Asia, shining a spotlight on the critical issue of infrastructure financing.
Australia’s Zip teams up with Primer to accelerate US expansion
Primer is expected to help drive distribution of Zip’s BNPL services in the market.
BNPL poses changes, but opens opportunities for banking industry
YCP Solidiance’s Gary Murakami gives his insights on future trends amidst the emergence of FinTech companies.