Tag: Banks
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...
Gold Repatriation – Here’s How Gold Moves Around The World
Germany -- the country of beers, fast cars, sausages and Gold? Yes, the German government has the second biggest gold reserves in the world,...
Why Zombie Companies Are A Threat To Economies Around The World
During a period of lockdown and recession, fewer companies failed. This was a result of a combination of furlough schemes to reduce wage bills,...
Netbank And Investree Launch SME Lending In The Philippines
Netbank, the banking as a service platform, and Investree, the leading SME lender from Indonesia, have announced a partnership to expand loans to SMEs...
Malaysia Keeps Key Rate on Hold Amid Lockdown, Political Turmoil
Malaysia held its benchmark interest rate at a record low Thursday, maintaining support for the economy amid mounting political instability and a prolonged virus...
Bankers See Asia IPO Market Getting Tougher After Record Half
Asia’s stock listing aspirants will likely face a less generous market following a first-half sales boom, as bubbly valuations and nervousness about U.S. monetary...
Asian Banks’ trials with ‘Tokenised Securities’ stuck in silos: Industry Body
Asian financial regulators should do more to support large-scale trials of "tokenised securities", an industry body said on Thursday, since banks and technology firms'...
Are Digital Banking Entrants In Philippines A Catalyst For A Digital...
Digital banks entering the Philippines’ market are picking up pace, with two more players from Singapore joining the ranks after Overseas Filipino (OF) Bank...
Could Digital Currencies put Banks out of Business?
Banks are one of the engines of the modern economy, but the way they work is under threat.
Tech-payment giants and digital currencies are revolutionizing...
Bank of Japan: Possible to achieve 2% inflation target with powerful...
Bank of Japan Governer, Haruhiko Kuroda said he saw no need to change the central bank's 2% inflation target, which has helped keep currency...
