Retail Banking

Cambodia enables QR payments from foreign e-wallets through Alipay+

They can now make payments in over 1 million Cambodian merchants.
3 days ago

Cambodia enables QR payments from foreign e-wallets through Alipay+

They can now make payments in over 1 million Cambodian merchants.
3 days ago

Hong Kong to rename ‘virtual banks’ to ‘digital banks’

The bank will set-out new guidelines shortly.
3 days ago

Citi names Hooi Wan Ng as head of markets for Malaysia

Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
3 days ago

Public Bank's LPI Capital purchase may boost earnings, ROE

MGO is unlikely to be accepted by shareholders due to its ‘steep’ 25% price discount.
3 days ago

Thailand’s Kasikorn Bank expects credit costs to normalize in 2025

The bank says that it will end its loan portfolio clean up this year.
4 days ago

Malaysia’s Public Bank acquiring all shares of insurer LPI Capital

It will buy a 44.15% equity interest in the insurer for RM1.72b, and then extend a mandatory general offer.
6 days ago

Why banks will be ‘invisible’ by 2030

They either become the platform or willingly lose their brand visibility.

Siam Commercial Bank’s Mae Manee App to undergo maintenance

It will be unavailable for a few hours each on October 11-12, 2024.

Japan’s SMFG completes transfer of securities business to UK subsidiary

SMBC Nikko Capital Markets will be closing down its Abu Dhabi branch.

HK central bank, banking assoc express support for banking integrity charter

The HKMA and HKAB co-hosted the launching ceremony with ICAC.

Experts on future-proofing PH banks, revolutionizing insurance

Going against the norm when adapting growth strategies may be key.

Bank on people, not just tech— HSBC banker

Developing tech and talent go hand-in-hand, a senior HSBC banker said.

Why digital wallets must shed their ecosystem dependence

Experts noted the importance of forming the right strategy for sustainability and brand marketing.

Kiosks, hybrid approach key to financial inclusion: BDO 

BDO has introduced self-service kiosks and universal machines to entice unbanked customers.

Mongolian banks enjoy improved governance and asset quality

The listing of D-SIBS in 2022 has improved disclosure and asset quality.

Flooding impact on Thai banks ‘manageable’

Only a small number of branches have been affected.