Financial Services

23 Oct 18
WalletKu will join around 12 other e-wallets in TNG’s digital payments initiative.
18 Oct 18
It launched a real-time fund transfer system, open API guidelines, virtual banks authorisation in 2018 alone.
17 Oct 18
Mainland-owned banks accounted for 38% of system assets and deposits by 2017.
11 Oct 18
It is enhancing sponsor standards in order to reclaim the global IPO crown.
10 Oct 18
Loan growth in August went up to 5.4%, the highest it reached in 2018.
9 Oct 18
It could help boost GDP growth amidst the escalating trade tensions.
4 Oct 18
The proceeds will be used to fuel its expansion plans.
4 Oct 18
The proceeds will be used to boost onboarding and hiring processes.
4 Oct 18
With total funds raised at $54.8b, Hong Kong holds the fifth spot in the global IPO league.
3 Oct 18
The proceeds from share sales hit $240b as of Q3.
1 Oct 18
Domestic financing and mortgages took a beating.
1 Oct 18
The closing conditions have not been met in time.
1 Oct 18
Customers can now make and receive real-time payments.
1 Oct 18
The number of mortgage applications also rose 26.3% to 17,963.
27 Sep 18
Banks are widely expected to hike prime rates soon.
26 Sep 18
A strong Q3 performance has boosted expectations of the SAR taking the top spot.
25 Sep 18
Facial recognition technology and biometric methods may be used.
24 Sep 18
The local currency climbed by as much as 0.63% to $7.793 against the USD.
24 Sep 18
The number of credit cards in circulation hit 20.06 million.
24 Sep 18
Around 15 green bonds with an aggregate size of US$8b were issued in H1.
20 Sep 18
Average daily transactions jumped 17.4% to US$104.87m.
20 Sep 18
It raised $2.58b in its listing earlier this year.
20 Sep 18
The SAR ranks seventh in APAC whilst the Lion City is second.
18 Sep 18
The bank is planning to add over 1,300 positions by 2022.
18 Sep 18
The stock broker short-selled bonus shares.
18 Sep 18
Consumers will soon be able to transfer funds instantly and without cost.
14 Sep 18
Sales of short-term savings product were hit.
14 Sep 18
Robo-advisors are steadily luring the tech-savvy mass affluent.
14 Sep 18
The SAR is set to pounce on London who’s been losing luster due to Brexit.
13 Sep 18
The bank has already tied up with four tech companies.
13 Sep 18
‘HARO’ can now help customers manage their personal finances.
13 Sep 18
Indonesian and Philippine banks may lose up to $3.8b and $1.3b respectively.
13 Sep 18
HNWIs from the Mainland are edging out AuM from other APAC markets.
11 Sep 18
The two central banks will share information and lead joint innovation projects.
10 Sep 18
Merchants may soon accept several payment methods through one integrated point-of-sale terminal.
7 Sep 18
The number of mortgage inquiries also hit a three-year high.
6 Sep 18
They hold a fourth of the city’s total card balances.
6 Sep 18
The company plans to raise up to US$700m.
5 Sep 18
Fintechs and telco firms are lining up to get a cut of the city's banking market.
4 Sep 18
Moody’s published a 2011 report that flagged risks at certain Chinese companies.