Financial Services
ZA Bank offers 6% introductory rate for deposits: report
The virtual bank’s rate is said to have outpaced the big traditional players’ offers.
ZA Bank offers 6% introductory rate for deposits: report
The virtual bank’s rate is said to have outpaced the big traditional players’ offers.
Economic downturns threaten HSBC profits, restructuring: analysis
Low confidence levels could reduce demand for credit and lending and revenue growth.
Virtual banks to make up 2-3% of total deposits by 2020: report
They are expected to attract “tens and thousands of customers” each.
Approved mortgage loans down 3.9% to $32.6b in October
Mortgage applications also dipped 3.7% to 9,299.
How US Trusts Can Benefit Hong Kong & Singapore Residents
Asset Protection Trusts (APT) can be used by anyone to protect their assets. There are many advantages to using APTs which include shielding assets...
DBS Hong Kong launches fully virtual wealth management account
Customers can now set-up a multi-currency savings and wealth management account through their smartphones.
Tech, real estate deals buck PE decline as Chinese deal appetite falls
Exits are becoming tougher and investors have no choice but hold onto assets as returns decline.
Bank profits may take hit amidst protests
Asset quality will also weaken, according to analysts.
Bank of East Asia forges digital banking partnership with five firms
Customers can apply for loans and purchase products online in these platforms.
AXA Hong Kong's LifeDelight Insurance Plan goes live
The new plan offers life protection up to age 138.
Hong Kong fintech YouTrip obtains principal license from Mastercard
This marks them as the first company in Singapore to obtain a prepaid license from Mastercard.
Approved mortgage loans dipped 2.8% to $45.3b
The number of mortgage applications also decreased by 26.5% MoM.
Overcoming regional pricing barriers
"Asian markets and customers are much too price sensitive!" "We are experiencing 20%+ growth. Why do we need to fix pricing? In Asia, it's about...
HKEX inks sign fintech MOU with Ping An
The deal aims to build Hong Kong’s capital market ecosystems.
HKMC unit launches relief measure for SME borrowers
Only interest payments have to be made during the moratorium.
Fintech network Rapyd ties up with TNG Fintech Group
Over 10 e-wallets will be incorporated into Rapyd’s payment methods.
Virtual bank data scientists are driving bank hiring
Employers are now looking for more data scientists and full stack developers for mobile and web applications that go beyond the traditional set of...
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