Singapore’s Hong Leong to ally with fintechs for digital bank licence
The lender seeks to apply for one of the five licences to be issued by the Monetary Authority of Singapore in 2020...
Tag : banks
Emirates NBD’s net profit reaches Dh7.48 bn as the bank grows globally
The bank’s total net profit for the first six months increased 49 percent year-on-year...
Managing people within a virtual workforce
With Intelligent Automation, digital labour transfers from being primarily a cost reduction exercise to becoming a strategic asset to change and optimize the way banks run their entire operations...
Hong Kong-backed wealth manager LJ Partnership eyes expansion after Gulf investment
The London-based multi-family office targets to grow Asia-Pacific assets under management to US$10 bn by 2021, with new Gulf shareholder Dilmun....
Nordic region to become a global fintech hub by 2020, finds Mastercard survey
A new research report commissioned by Mastercard: Nordic Fintech Disruptors Report 2018’ will be released at Money2020 in Amsterdam this week...
Proposed mortgage law to strengthen Dubai real estate
The Dubai Land Department (DLD) advanced a new mortgage and finance law to reinforce the real estate market...
Dubai launches first-ever digitised trading system for art
The blockchain-driven digital bank was launched by The Dubai Culture and Arts Authority...
Malaysian fintech firms focused on driving market expanse
The preferred growth markets for Malaysian firms beyond Southeast Asia are US, UK and China...
Singapore banks under inspection for coal financing
The enquiry is being conducted to check if coal financing will cause adverse impacts on the environment...
Fitch says Indian banks to face $65 billion capital shortage by FY19
Stressed loans in Indian banks hit a record $150 billion at the end of December...