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Major Phishing Atttack on Clients of Vietnamese Banks

An unprecedented phishing attack targetting clients of major banks has been discovered in Vietnam. The campaign impersonates 27 popular financial institutions and remains active...

Three in Five SMEs Prefer Non-Traditional Funding Routes

Nearly three in five Malaysian SMEs could forego traditional banks in favour of new or alternative borrowing products in 2022, according to California-headquartered data...

Positive Outlook for Hong Kong Banks

Banks in Hong Kong are optimistic on their financial performance in 2022 with higher interest rates likely to improve margins, global business consultancy KPMG...

Business Community lauds Budget 2022

Small & Medium Enterprises Association (SAMENTA) remains hopeful that its proposal for 30 percent of government procurement to be allotted to Small and Medium...

The Problem with SMEs in Asia

In the West, small and medium-sized enterprises (SMEs) have been a key part of economic growth. In Asia, however, SMEs have been at a...

CIMB Inks RM2.45 Billion Sustainability-Linked Derivative Transaction With Standard Chartered

CIMB Bank has entered into a sustainability-linked derivative (SLD) transaction with Standard Chartered Malaysia in the form of an interest rate swap with a...

UOB Malaysia Extends RM23.8 Billion Under COVID-19 Relief Assistance To Affected...

UOB Malaysia’s COVID-19 Relief Assistance has extended more than RM23.8 billion to customers in an effort to help them overcome the financial impact caused...

AFFIN Bank Scores Triple Win For Customer-Focused Financial Inclusive Initiatives

AFFIN Bank Berhad recently won multiple awards during the Asian Banking & Finance Retail Banking Awards 2021. The triple win was attributed to the...

Singapore’s PayNow To Be Linked With Malaysia’s DuitNow In Phases From...

Singapore’s PayNow and Malaysia’s DuitNow will be linked in phases from the fourth quarter of 2022, allowing customers of participating financial institutions to make...

Thailand and Malaysia Set Rules For Banks Entry Under ASEAN Accord

Malaysian banks seeking to operate in Thailand under a regional accord can open as many as 40 branches and should have at least 15...

Top Indonesia Bank Bolsters Digital Arm to Fend Off Gojek And...

PT Bank Central Asia (BCA) will invest $200 million into its digital arm to fend off competition from tech giants Gojek and Sea Ltd....

Philippines To Hold Rates While Malaysia Set To Replace Base Rate...

As Philippines struggles with elevated Covid cases, the Philippine central bank is expected to keep its benchmark interest rate at a record low on...

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