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Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout
Citic Group’s liquidity ‘sufficient’ for Huarong Financial buyout
By 2023, cash in hand of $3.7b was enough to cover the acquisition.
JCB and Mandai Wildlife Group offer 50% discount to cardholders
The ticket covers three parks, including Singapore Zoo.
Alipay+ enables QR payments in Mongolia for 12 foreign e-wallets
The e-wallets are from SEA, East Asia, and Italy.
Malaysian bank and GHL collab to offer interest-free plan
It will be made available to more than 7,000 merchant terminals.
CIMB appoints new CEO
Novan Amirudin will overtake Dato’ Abdul Rahman Ahmad next month.
Malaysia's private sector credit grows 5.4% in April
Thanks to higher growth in both outstanding loans and corporate bonds.
GHL and BSN partner to expand in-store payment choices
Shoppers at GHL stores can now enjoy up to 36 months of BSN's 0% EasyPay.
Hong Kong mortgage loans drawdown rises by 9.9%
This was translated to $1.69b in loans.
Philippine’s bank loans expand by 9.6% YoY in April
It was higher than the previous month’s 9.4%.
DBS Taiwan Partners with Thales to issue 2-million eco-friendly cards
The bank aims to become the largest issuer of sustainable cards.
HSBC’s UniTransact to streamline cross-border transactions
New platform addresses digital payment challenges, enhances transaction efficiency in Indonesia.
Indonesia's money supply falls 6.9% YoY in April
Thanks to disbursed loans and net claims.
Citi meets wealth needs with launch of exclusive debit card
The card’s daily spending limit can be as high as HK$300,000.
Hong Leong Bank posts 7.1% profit growth in 9MFY24
This translated to a profit of $671m.
HKMA reports 2.2% rise in total bank deposits
Total remittance of RMB for cross-border trade settlement saw $176b.
Mizuho ties up with LSEG to enhance carbon credit market
Carbon credits can be issued as dividends, providing investors with a long-term supply.
Bank of Singapore appoints first chief portfolio strategist
Owi Ruivivar’s role will boost asset allocation strategy.
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