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LOCAL lenders DBS, OCBC and UOB have welcomed new customers as depositors sought to take advantage of improved interest rates, demonstrating a significant sensitivity to rate hikes that matches a poll conducted last week by The Business Times.

ANY potential rate hikes would likely benefit Thai banks, especially the larger ones, said CGS-CIMB in a report on Thursday (Sep 8).

AN effective leader offers teammates clarity on one’s vision by showing them how that translates into what the leader does every day.

Malaysia’s central bank raised the key overnight policy rate (OPR) by 25 basis points to 2.5 per cent on Thursday (Aug 8) in a widely-expected move, while noting that growth momentum is expected to continue.

EDO Kurniawan, Wirecard Asia Holding’s (WAH) former vice-president of controlling and finance, has been issued an Interpol red notice, the Singapore Police Force (SPF) said on Wednesday (Sep 7). The latest development comes weeks after a warrant of arrest was issued for Kurniawan, who left Singapore before the...

A MAJORITY of high-net-worth (HNW) investors in Asia-Pacific (Apac) have expressed interest in sustainable investing and have increased conviction that sustainability will deliver superior returns, but these beliefs have not yet translated into action.

THE concept of a crypto bank may seem a paradox to crypto natives. Early cryptocurrencies, such as Bitcoin, were born with ambitions of replacing traditional financial institutions and eliminating banking fees with public, distributed ledgers.

BANKS in Singapore are taking a more active approach in combating scams, working closely with the police at the Police Cantonment Complex.

BANKS in Singapore are taking a more active approach in combating scams, working closely with the police at the Police Cantonment Complex.

MALAYSIA’S largest 5 banks by asset size saw positive loan growth for the quarter ended Jun 30, but expect this pace to moderate in the rest of the year in the face of expected upcoming interest rate hikes and global headwinds.