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KAF powers up digital finance- The Asian Banker

KAF powers up digital finance- The Asian Banker

Malaysia’s KAF Investment Bank builds its new digital platform to bring Islamic banking up to date for a new age. KAF Investment Bank’s digital transformation aims to streamline operations, enhance customer experiences, and respond adeptly…

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Rise of digital assets and tokenisation- The Asian Banker

Rise of digital assets and tokenisation- The Asian Banker

Now a formidable force in finance sectors, digital assets and tokenisation offer unprecedented opportunities in financial markets through innovative technologies that enhance efficiency, security, and access to capital. The digital asset universe has caught the…

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Improved cross-border payment systems support growth in Middle East

Improved cross-border payment systems support growth in Middle East

• Cross-border payments and remittances fuelled by regional trade growth and digitalisation • Interoperability key to maximising full potential of digital payments • UAE’s Buna cross-border multicurrency payment system The Middle East…

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DBS Q1 net profit up 15% to $2.17B, ROE increases to 19.4%, reaching new highs

DBS Q1 net profit up 15% to $2.17B, ROE increases to 19.4%, reaching new highs

<!– –> Back Published on 2 May 2024 358 Views <!– comments –> Print DBS Q1 net profit up 15% to $2.17B, ROE increases to 19.4%, reaching new highs 5 min read DBS Group’s net…

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Basel Committee publishes consultation on guidelines for counterparty credit risk management

Basel Committee publishes consultation on guidelines for counterparty credit risk management

<!– –> Back Published on 2 May 2024 259 Views <!– comments –> Print Basel Committee publishes consultation on guidelines for counterparty credit risk management 5 min read The Basel Committee on Banking Supervision issued…

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OCBC deepens Indonesia presence with PT Bank Commonwealth acquisition

OCBC deepens Indonesia presence with PT Bank Commonwealth acquisition

<!– –> Back Published on 2 May 2024 253 Views <!– comments –> Print OCBC deepens Indonesia presence with PT Bank Commonwealth acquisition 5 min read OCBC’s Indonesian subsidiary, PT Bank OCBC NISP Tbk (OCBC…

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Is China’s economy on a solid upward trend?

Is China’s economy on a solid upward trend?

China’s national statistics bureau has just announced a 5.3% gross domestic product (GDP) growth rate in the first quarter of 2024 compared to the same period last year, and 1.6% compared with the last…

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HSBC appoints new head to strengthen global banking in Singapore

HSBC appoints new head to strengthen global banking in Singapore

<!– –> Back Published on 3 May 2024 147 Views <!– comments –> Print HSBC appoints new head to strengthen global banking in Singapore 5 min read HSBC announced the appointment of Gilbert Ng as…

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Jack Ma makes his voice heard after five years

Jack Ma makes his voice heard after five years

• Internal memo endorsed group’s structural reform • Move signals an easing of tensions with China’s regulators • Ma maintains influence although his shares fell from 6.2% in 2019 to 4% Alibaba…

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DBP and LandBank merger scrapped- The Asian Banker

DBP and LandBank merger scrapped- The Asian Banker

Opting against merging DBP and LandBank emphasises their distinct roles and the importance of individual development for comprehensive economic growth, benefiting all sectors. DBP and LandBank are not merging The two entities serve…

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