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AWS launches 10 new local zones in six countries in Asia Pacific and Japan

Back Published on 17 February 2022 525 Views Print AWS launches 10 new local zones in six countries in Asia Pacific and Japan 5 min read  The world is digitally transforming at a pace that…

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Hong Kong Market Profile- The Asian Banker

Back Published on 23 February 2022 80 Views Print Print Leave Your Comments , , 5 min read By TABInsights Table of contents: 1. Macroeconomic Profile 1.1. GDP 1.2. GDP per capita 1.3.…

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UOB announces the pricing of $645 million 5-year floating rate senior unsecured notes

Back Published on 18 February 2022 388 Views Print UOB announces the pricing of $645 million 5-year floating rate senior unsecured notes 5 min read UOB has announced the pricing of AUD 900 million ($645…

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MAS extends facility to support lending to SMEs

Back Published on 18 February 2022 282 Views Print MAS extends facility to support lending to SMEs 5 min read  The Monetary Authority of Singapore (MAS) announced that it will further extend the MAS SGD…

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MAS draws up framework for equitable sharing of scam losses- The Asian Banker

MAS draws up framework for equitable sharing of scam losses- The Asian Banker

In the wake of the OCBC phishing scams and the compensation made by the bank to all affected customers, MAS decided that the industry should have a more equitable framework for sharing such losses. MAS…

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Allianz Global Investors completes acquisition of PT RHB Asset Management Indonesia

Back Published on 31 January 2022 1207 Views Print Allianz Global Investors completes acquisition of PT RHB Asset Management Indonesia 5 min read AllianzGI, announced today that Allianz Global Investors Asia Pacific Limited, a wholly…

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DBS full-year 2021 net profit rises 44% to record $5.04 billion

Back Published on 14 February 2022 836 Views Print DBS full-year 2021 net profit rises 44% to record $5.04 billion 5 min read DBS Group announced net profit of SGD 6.80 billion ($5.04 billion) in 2021, up…

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Cloud adoption accelerates among banks with unique strategies- The Asian Banker

Cloud adoption accelerates among banks with unique strategies- The Asian Banker

The financial services industry is undergoing a massive shift to cloud, but the challenging technology transition for incumbents requires a strategic rethink of architecture, data, people and processes. Competition posed by challenger banks accelerate drive…

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China-based banks are the most efficient in Asia Pacific- The Asian Banker

China-based banks are the most efficient in Asia Pacific- The Asian Banker

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Chinese, Hong Kong and Singapore banks reduce loan loss provisions to below pre-COVID levels- The Asian Banker

Chinese, Hong Kong and Singapore banks reduce loan loss provisions to below pre-COVID levels- The Asian Banker

Banks in most Asian markets booked lower provisions to cover potential loan losses as economies recover, which has contributed to the improved profitability in 1H 2021 Singapore and Hong Kong banks were more aggressive in…

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