News

It is the first American bank to clinch the approval.

The branch receives 7 times more credit card applications compare to banking-only branches.

This is MUFG’s second project financed greenfield data centre transaction in APAC in 2023.

Transferable deposits and time deposits both grew.

Loans extended to large corporations and SMEs both rose during the month.

Demand for other loan types fell, however.

Yim joins from Deutsche Bank, where he was CEO of its Hong Kong business.

The card can be issued in 9 currencies without FX fees or monthly subscription fee.

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.

Primer is expected to help drive distribution of Zip’s BNPL services in the market.

YCP Solidiance’s Gary Murakami gives his insights on future trends amidst the emergence of FinTech companies.

Citibank and DBS improved their CX scores, whilst three other banks got lower scores.

Hong Kongers are more optimistic about their household finances for the next 12 months.

The raise will come into effect on 18 September.

Sumanta Panigrahi is the new APAC TWCS head, whilst Thus De Silva is the new APAC head of commercial cards.

He will start in his new role on 25 September.