Back Published on 29 April 2022 364 Views Print DBS posts $1.3 billion net profit in first-quarter 5 min read DBS Group reported net profit of SGD 1.80 billion ($1.3 billion) for the first-quarter 2022,…
Read MoreBack Published on 29 April 2022 151 Views Print Five successful applicants for Malaysia’s digital bank licences 5 min read Bank Negara Malaysia (BNM) wishes to announce the five successful applicants for the digital bank…
Read MoreBack Published on 29 April 2022 119 Views Print UOB net profit down to $654.9 million in first quarter 5 min read UOB Group (UOB) has posted SGD 906 million ($654.9 million) in net profit…
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Licensed digital banks and P2P/marketplace platforms focused on alternative business lending to SMEs are overcoming operating and market challenges to scale and sustain their businesses. Leading players are charging ahead with more comprehensive service solutions…
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Mashreq Bank’s group head of retail banking, Fernando Morillo, spoke with Emmanuel Daniel about leveraging the bank’s cloud-based infrastructure to grow its consumer business and expanding into neighbouring markets. Mashreq’s retail customer base increased by…
Read MoreBack Published on 27 April 2022 98 Views Print SMBC appoints head of M&A advisory of structured finance business in Asia Pacific 5 min read Sumitomo Mitsui Banking Corp. (SMBC) announced the Singapore-based appointment of…
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Digital and incumbent banks face growing threats from big tech and payment platforms that are evolving into full-scale financial services players Total alternative credit by fintech and big tech companies is still small compared to…
Read MoreBack Published on 22 March 2022 225 Views Print BIS Innovation Hub and central banks develop experimental multi-CBDC platform for international settlements 5 min read The Bank for International Settlements (BIS) Innovation Hub, the Reserve…
Read MoreBack Published on 1 April 2022 412 Views Print Tiff Macklem appointed chair of the group of governors and heads of supervision 5 min read The Group of Governors and Heads of Supervision (GHOS), the…
Read MoreBack Published on 14 April 2022 321 Views Print CBDCs in emerging market economies 5 min read In recent years, in both advanced (AEs) and emerging market economies (EMEs), central banks have become increasingly engaged…
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