Lending & Credit
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
South Korean banks’ interest rates rise to eight year-high: report
The rising rates have spawned worries in households' repayment abilities.
Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak
The bank has the strongest capitalization amongst regional banks in Japan.
Here’s how you build a successful Buy Now Pay Later platform: study
Hiring the right talent and developing a good tech stack are key to success.
MUFG appoints June Raj as managing director for APAC Aviation
She is tasked with growing the bank’s aviation financing portfolio in Asia Pacific.
Return of tourism sparks further recovery of Australia's card payments market
Resumption of travel and tourism will help push card use.
South Korean banks to ease lending criteria in Q2: report
The incoming new president had emphasized need to ease lending rules.
Citi launches its Sustainable Trade and Working Capital Loans solution
It aims to give liquidity for international trade finance activities and other commercial activities.
CIMB Niaga, Sun Life Indonesia deepen bancassurance partnership
Sun Life will provide insurance solutions to CIMB Niaga’s customers through all channels.
Korean online banks’ loans up 8% in Q1
Newly-launched Toss Bank extended the most loans.
Axis Bank to buy Citi’s Indian consumer business for $1.6b
Axis Bank expects to gain more or less 3 million customers.
Bank of China shifts attention back to mainland for growth: S&P
Traction from its wealth management business will support profits.
ASEAN banks have a long way to go in decarbonising finance: Moody’s
There is little space for investors to invest more sustainably.
Singapore forms buy now, pay later working group to develop framework
The working group is calling out to local organisations offering BNPL to join their ranks.
Travel-seeking Millennials, Gen Z could boost buy now, pay later: study
BNPL services could even inspire a lifetime of loyalty, according to GlobalData.
Australian mortgage market to 'hold steady' in 2022
Economic recovery will support performance and hold delinquencies steady.
Weekly Global News Wrap: Citi’s commercial business to hire 900 staff; Russian payments pivot to China amidst sanctions
And global financial conditions are expected to tighten further over the coming years.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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