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Public Bank teams up with Sunway Property for financing green development projects
Public Bank teams up with Sunway Property for financing green development projects
Customers can avail of a special sustainable financing package.
APAC’s non-bank financial institutions face liquidity challenges: S&P
One NBFI failure is enough to trigger a domino effect and collapse a whole market.
Weekly Global News Wrap: Citi cuts mortgage staff; Banks offer pingpong, free meals in back-to-office push
And UK officials classify $1.27b small business loans as suspected fraud.
CIMB Singapore raises deposit interest rate tenfold to up to 2% annually
StarSaver savings account holders can enjoy the new rate without any deposit caps.
American Express opens exclusive lounge in SG for Centurion card holders
Members can enjoy a complimentary welcome cocktail when they visit.
New Zealand card payments market to be valued $67.1b in 2026
On average, each NZ individual holds over three cards, GlobalData found.
Standard Chartered, FairPrice-backed Trust Bank launches in Singapore
A total of S$400m was invested by its shareholders, the neobank said.
RHB Singapore raises deposit interest rates to up to 5.5%
It attributed this to the “recent spate of competitive rising rates by local banks.”
RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.
Bank of China bad loans, capitalization ‘stable’ amidst real estate woes: S&P
BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.
SWIFT rolls out pre-payment prediction service for cross-border payments
It identifies possible problems in the future payment based on previous data from 9 billion transactions.
APRA revokes Volt’s authorised deposit-taking institution licence
The bank first announced its closure in June.
Australian regulator removes Westpac add-on liquidity requirement
The removal of the add-on takes effect this 1 September.
Grab, Singtel-led digital-only bank GXS debuts in Singapore
It has launched a savings account with a customizable pockets feature.
CIMB Group core net profit jump 18.4% in H1
Interim dividend for the period is 13 sen per share.
Bank of China HK net profits up 6.1% to HK$14.42b in H1
Interim dividend is HK$0.447 per share.
Validus, Citibank establish $100m facility for SME financing
The facility is collateralized by SME loans by Validus’ Singapore arm.
Standard Bank Bangladesh unveils its first-ever sustainability report
It made use of the GRI Standards.
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