News

S.K.’s FSC raises KRW73.8t in policy funds for venture capital in FIs

This exceeded the initial supply plan of 66.7% by August and achieved 80.4% of the annual target.

Thailand’s TMB Thanachart Bank to see higher profits in Q3

Net profit is expected to come at around $117.5m, 14% higher than a year ago.

DBS clinches most investment banking fees in Singapore

Deutsche Bank is the top bank for M&As, whilst Citi took the largest share for ECM underwriting.

Singapore’s investment banking fees decline on fewer M&As

Banks also recorded lower DCM fees compared to the first nine months of 2022.

CIMB Philippines triples revenue, doubles loan portfolio in H1

The digital-only bank now has 7.13 million customers in total.

Public bank ties up with gov’t to finance SMEs

Domestic exposure for SME-based commercial lending is equivalent to an 18.6% industry market share.

Financial fitness is a major factor when it comes to the quality of life: Study

Developed markets scored lower than those in emerging markets. 

Strong regional earnings boosts MUFG’s profits

In case of trouble, MUFG has a high likelihood of getting government support.

BOCHK Hong Kong dollar interest rates stay the same

Savings accounts with a daily account balance over HK$1m will enjoy a bonus rate.

CEO TG Limcaoco to speak on BPI’s digital transformation at Manila forum

Bank of the Philippine Islands (BPI) has a big and bold ambition — that is to have 50 million customers by 2026; and it intends to do it by embracing digital innovation for banking excellence.

10 overseas e-wallets now usable in China

Alipay+-in-China’s programme added seven new Asian e-wallets.

HSBC earmarks $1b to support climate tech start-ups

They hope to fund start-ups offering a range of climate tech solutions.

SCB, SMBC act as lead arrangers, coordinators for €500m green loan

The Thai company plans to use proceeds for refinancing purposes.

BOCHK warns of 9 fraudulent websites, phishing email

It has reported the case to local authorities.

BEA warns against 16 fraudulent websites

It has reported these sites to the local police and the HKMA.