UOB Profit Dips From Higher Costs

The Singapore lender recently migrated customers in Thailand to the UOB platform after completing the transition in Malaysia and Indonesia in 2023.


Absa opens in China

China is now Africa’s and South Africa’s largest bilateral trade partner


Regional banks dying a slow death

The country’s smaller banks have a bleak future due to higher cost of funds, excessive capital requirements, costly technology upgrades and lack of scale. But will regulators do anything about it?