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Maybank Singapore names Datuk Yee Yang Chien as board chairman
He was with MISC Berhad for 20 years and has served as its president/ CEO.
Maybank Singapore names Datuk Yee Yang Chien as board chairman
He was with MISC Berhad for 20 years and has served as its president/ CEO.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
ZA narrows net loss, sees 46% net revenue rise in H1
Total assets and net interest margin grew during the first half of 2024.
Philippine banks anticipate loan growth, steady NPL outlook
Most foreign and large banks anticipate their NPL ratios to be below 5%.
HSBC enhances Premier offering with health protection, future planner tool
The tool will provide recommendations and access to a relationship manager.
Siam Commercial Bank teams up with Databricks for data, AI transformation
It is expected to help SCB personalise and manage AI services for its customers.
Central banks of Thailand, Vietnam hold bilateral meeting
The central bank representatives discussed banking and policy issues.
BNM proposes roadmap for transition to the Malaysia Overnight Rate
It proposed ceasing the usage of KLIBOR by 2027 and 2028.
Malaysia, Indonesia renew bilateral swap agreement.
The agreement has been extended for another 5 years.
Why do CFOs struggle with sustainability reporting requirements?
The study said 60% are unsure about the resources required to meet new reporting obligations.
Hong Kong rate cuts provide ‘modest’ relief to borrowers
Banks in the city still face profitability pressures, CRE-related woes.
Thai banks to reduce credit costs towards Q4: analyst
Earnings rise of 2% on average expected for Q3.
Axis Bank, Mastercard, launch credit card for business owners
Cardholders will gain access to select airport lounges and are offered travel insurance.
Citi partners with Apollo to form $25b private credit
The program will launch in North America; may expand to other markets in the future.
EFG Bank clinches three Citi bankers to bolster Hong Kong operations
Seamus Yin, Miao Miao, and Lianghan Chen all previously worked at Citi Private Bank.
Digital banking adoption grows steadily with no major changes
Digital banking users are expected to reach 3.6 billion globally this year.
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Banks should boost their online infrastructure as digital assets become the norm.
Banks should boost their online infrastructure as digital assets become the norm.
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