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Malaysia’s Islamic banks continues to fly high in 2024: Fitch
Malaysia’s Islamic banks continues to fly high in 2024: Fitch
Malaysia’s Islamic banking market is the third largest globally.
Thai broker KKPS, Nasdaq ink deal for banking and brokerage risk platform
KKPS is expected to benefit from a rapid onboarding process.
Norinchukin Bank agrees to invest in food and agri startup fund
The bank will also support growth of food and agri startup companies.
China’s new bank loans hit record high in January: report
Officials are also rolling out more measures to support the economy.
Weekly Global News Wrap: US banks collect lower overdraft fees; Citi asked to improve internal oversight
And investment to hedge funds hit a new low, according to Goldman Sachs.
India’s private banks’ NIMs contract 32 basis points in Oct-Dec 2023
Growth in unsecured loans is expected to slow, which will impact credit growth and NIMs.
Mizuho Financial Group plans to inject $5.7m to trust banking arm
This is so that MTBC can acquire over 600,000 shares of Mizuho.
Mizuho names new president and CEO for trust banking arm
Kenichi Sasada was head of the asset management division and real estate unit.
Chart of the Week: Indian banks’ credit exposure to NBFCs slows in Dec
However, the growth trajectory is still higher compared to a couple of years ago, data showed.
Thai banks brace for a rise in loan defaults in 2024: analyst
The sector grapples with elevated costs and weak loans, S&P said.
Alipay+ adds 9 int’l e-wallets to Thai ecosystem ahead of CNY
A large number of the 1 million tourists visiting Thailand for the holidays are from China.
Malaysia proposes revisions to Islamic banking regulations
The central bank is inviting feedback to its exposure draft, until 31 March.
Bendigo and Adelaide Bank warns of impersonation scams
Criminals pose as bank brands to phish money and banking information.
Citi Securities Services launched FIX API connectivity in ETF platform
This comes at just the right time with the ETF industry's impending move to T+1.
Hong Kong mulls raising deposit protection limit to HK$800,000
The raise is 60% higher than the previous protection limit of half a million dollars.
Bank of America eyes client-focused approach amidst Malaysia's economic rebound
Bank of America was named as the top investment bank in Malaysia in 2023 based on M&A deals and services offered.
Korean financial regulator vows to fight contagion risks from property financing: report
Lee called these real estate PF risks a “detonator” of the South Korean economy.
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