Mark Carney: “Banks are prepared to make climate change commitment at COP26”

Emmanuel Daniel

0 Day ago

Newly appointed UN envoy on climate change, Mark Carney, discussed his role and what he hopes to achieve at the upcoming COP26 as well as his views on cryptocurrencies and experiences with past financial crises.

BNM receives 29 applications for digital banking licences

Kevin Luarca

Current Account 0 Day ago

Bank Negara Malaysia has announced that it will issue five digital banking licences by next year. So far, BNM has received 29 applications.

R3’s Ghosh: “Asia Pacific countries lead the charge towards CBDCs”

Increased adoption and access to CBDCs is the next step for central banks to push greater use of digital payments. This is an opportunity which countries in Asia Pacific are looking to tap by establishing the necessary governance frameworks.

South African banks grew home loans by 4.1% amid record low interest rates

Wendy Weng

Datafiles 0 Day ago

Standard Bank of South Africa gained market share in home loans, while FirstRand Bank only grew its home loans by 0.2%.

LINE and Hana Bank launch digital-only bank in Indonesia

The strategic partnership between LINE and Hana Bank continues following the launch of digital banking platform LINE Bank in Indonesia. Following the start of operations early this month, Indonesia became LINE Bank’s third market after it launched in Thailand and Taiwan.

au Jibun Bank’s AI Foreign Currency Automatic Saving Plan helped increase its retail deposits by 36%

Private equity record-high ‘dry powder’ to be invested in ESG

Global private equity dry powder reaches record high amid investors’ increased ESG enthusiasm. Private equity (PE) firms are better positioned to do well by doing good.

Private equity record-high ‘dry powder’ to be invested in ESG

Global private equity dry powder reaches record high amid investors’ increased ESG enthusiasm. Private equity (PE) firms are better positioned to do well by doing good.

Former Philippine President passes away at 61

Kevin Luarca

0 Day ago

Former Philippine president Benigno Aquino III, passed away on June 24. Under his leadership, the Philippines sustained strong economic growth and underwent key structural reforms that strengthened the country's capabilities.

StanChart Hong Kong increases digital sales, retail deposits, and affluent client base through innovative digital initiatives

ICICI Bank’s BizCircle GlobalLinker engages and empowers 68,000 SMEs with simpler ways of doing business

Global remittances fell smaller than expected 2.4% in 2020 as economies recover says World Bank

Wendy Weng

Current Account 0 Day ago

Despite 2020 being a difficult year for most economies, some countries’ remittance flows have proven more resilient than expected during the COVID-19 pandemic, according to a World Bank report.

VietinBank’s SME business accounted for 34% of total bank assets

Gates’ divorce and the road ahead for the foundation

The shocking announcement of divorce made by Bill and Melinda Gates after 27 years of marriage sent a wave of speculation and uncertainty about their billion-dollar worth charity.

Kazakhstan prioritises non-cash payment as it works with BIS to launch digital tenge

Kazakhstan has started a public consultation for the launch of a central bank digital currency (CBDC).