The challenge around such ventures is creating a risk-reward structure that attracts enough private capital
The transaction is expected to close in the fourth quarter, pending regulatory approvals
The bank’s earnings decline 6% on the year
Indonesia, Malaysia and Thailand have been tightening regulation and warning consumers about the cost and risk of BNPL loans
Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen (S$3.7 billion) for the April-to-June quarter.