Central bank revises regulations on foreign currency transactions
The State Bank of Vietnam (SBV) has revised a circular regulating foreign currency transactions to make it more flexible and…
Category: Banking
CIMB targets loan growth of between 5% and 7% in 2024
KUALA LUMPUR: CIMB Group Holdings Bhd has targeted total loan growth of between five and seven per cent, a return…
Maybank to capitalise on business growth in key areas this year
KUALA LUMPUR: Malayan Banking Bhd (Maybank) is poised to capitalise on identified business growth in key areas of Group Community Financial Services,…
Banks shying away from fossil fuels bolster private credits
Private credit managers are doing significantly more fossil-fuel deals now than just a few years ago, as they step into…
Central bank working on regulations for bad debt
The State Bank of Vietnam (SBV) says it is collecting public comments on a draft circular regulating the trading of…
DBS targets Asia’s mass affluent with digital financial planning
SINGAPORE: DBS Bank is eyeing a larger slice of Asia’s burgeoning mass affluent market as it aims to bring its…
Once high-flying Hong Kong bankers become a lost generation
HONG KONG: When Eric Li lost his job after his family office employer relocated away from Hong Kong, he knew…
Banks set to implement Basel capital
KUALA LUMPUR: The majority of Asia-Pacific banking jurisdictions are set to take the latest global iteration of Basel capital standards…
UOB Malaysia, Fasspay give contactless payment solution to J&T Express riders
KUALA LUMPUR: UOB Malaysia and Fass Payment Solutions (Fasspay) have collaborated on providing J&T Express riders the facility of using…