News
Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly
Hang Seng Bank upgrades Hysan Avenue Branch to become pet-friendly
The branch offers a designated pet-friendly waiting area.
Ravi Menon reappointed as managing director of MAS
Senior Advisor Goh Chok Tong is stepping down from his position.
MAS introduces scheme to boost polytechnic grads in financial sector
The authority wants an increase of more than 80% in polytechnic graduates in the sector.
South Korean banks’ loans to households, corporates up in April
Corporates borrowed money for dividend payments, the Bank of Korea said.
Mastercard intensifies fraud protection measures for e-commerce sellers
About US$10.6b in fraud will potentially affect Asian merchants in 2023.
HSBC SG partners with Mastercard for travel credit card
It aims to provide convenience for travellers due to the rise in post-pandemic traffic.
OCBC prices A$1b senior floating rate green notes
The bank will issue the notes through its Sydney Branch.
Moomoo Singapore and Wise collaborate for easy trade deposit system
The app will allow Singaporeans to change the local currency to Singapore dollars based on real-time exchange rates.
Unsecured lending pushes Philippine banks’ retail lending growth
Salary-backed general consumption loans jumped 68.8%.
Macau Pass to provide acquiring services to SEA e-wallets
The Macau e-wallet can now accept GCash, Touch 'n Go e-Wallet and True Money.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
Acquisition of Citi’s ASEAN units to boost revenue: UOB
Total UOB cardholders in the region jumped 60% as of end-2022.
Weekly Global News Wrap: Grupo Mexico closing in on $7b Citi Banamex deal; Bank of America opens Luxembourg branch
And Credit Suisse CEO to join UBS board once deal is completed.
India’s Muthoot Financial retains stable asset quality, moderate profits
Credit costs have also been at a low 0.1% to 0.2% since March 2019.
HSBC penalised by India's central bank
The bank reported inaccurate credit information for several expired credit cards.
Mastercard unveils new Data & Services hub in Malaysia
The company’s D&S experts work with nearly 4,000 clients over 120 countries.
Indonesia, Laos central banks ink cooperative agreement
The partnership was signed last 2 May.
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