AEON Credit (00900) 1Q2022 Revenue up by 9.7% to HK$279.1 million

HONG KONG, Jun 23, 2022 – (ACN Newswire via SEAPRWire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its unaudited results for the three months ended 31 May 2022 (“1Q2022”, or the “reporting period”). For 1Q2022, the Group’s revenue increased 9.7% year-on-year to HK$279.1 million and […]

Banks must develop new products to meet growing demand for credit

BANKS should develop more affordable products as unserved and underserved Filipinos expect their need for credit to increase in the coming years, which, a study conducted by information solutions firm TransUnion Philippines showed. TransUnion’s study titled “Empowering Credit Inclusion: A Deeper Perspective on Credit Underserved and Unserved Consumers” surveyed 1,008 unserved and 964 underserved consumers […]

AEON Credit Service Launches AEON CARD WAKUWAKU at the Forefront in Addressing Consumer Spending Habits Amid New Normal

HONG KONG, May 3, 2022 – (ACN Newswire via SEAPRWire.com) – AEON Credit Service (Asia) Limited (“AEON Credit Service” or the “Group”; stock code: 00900) launched its brand-new AEON CARD WAKUWAKU on 1 May 2022, marking the introduction of the Group’s first CashBack credit card geared towards fans of online shopping, as part of its […]

AEON Credit (00900) FY2021 Profit Up by 13.6% to HK$342.6 Million

HONG KONG, Apr 6, 2022 – (ACN Newswire via SEAPRWire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its annual results for the year ended 28 February 2022 (“FY2021”). For FY2021, the Group’s revenue reached HK$1,049.6 million (FY2020: HK$1,089.9 million) and profit increased by 13.6% year-on-year […]

VCREDIT Announces a Final Dividend of HK15 cents

HONG KONG, Mar 24, 2022 – (ACN Newswire via SEAPRWire.com) – VCREDIT Holdings Limited (“VCREDIT” or the “Group”; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the “Year”). During the Year, the Group’s total income increased […]

SBI Card launches RuPay JCB Credit Cards through partnership with Yatra

TOKYO & MUMBAI, Mar 22, 2022 – (ACN Newswire via SEAPRWire.com) – JCB International Co., Ltd. in association with National Payments Corporation of India, SBI Card and Yatra.com announced the launch of a unique co-branded “RuPay JCB Yatra SBI Card Contactless Credit Card”. This holiday-cum-shopping credit card is set to delight travellers and holiday lovers […]

JCB announces the launch of Danamon JCB Precious Credit Card

JAKARTA, Mar 17, 2022 – (ACN Newswire via SEAPRWire.com) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and PT Bank Danamon Indonesia Tbk (Danamon) are pleased to announce the launch of the Danamon JCB Precious Credit Card. Danamon JCB Precious Credit Card “Danamon understands that […]

BSP looking to require credit allocation for dev’t of new technologies, innovations

THE CENTRAL BANK wants to require lenders to allocate credit for the development of new technologies and innovations for various services. Based on a draft circular posted on their website, the Bangko Sentral ng Pilipinas (BSP) wants lenders to allocate 4% of their loanable funds for innovation development credit. “The banking system plays a crucial […]

KTC and JCB launch the first JCB ULTIMATE Credit Card in Thailand

TOKYO & BANGKOK, Mar 11, 2022 – (ACN Newswire via SEAPRWire.com) – Krungthai Card Public Company Limited., one of the leading card issuing company and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, announce the launch of issuing the KTC JCB Ultimate Credit Card in Thailand. […]

Some 74% of CIMB’s loan clients are first time borrowers — survey

NEARLY three in four or 74% of CIMB Bank Philippines’ personal loan clients are first time borrowers, its survey conducted in December showed. CIMB Bank Philippines Chief Executive Officer Vijay Manoharan said the long evaluation process for credit underwriting is among factors that hinder borrowers from getting loans for urgent needs. “One of the biggest […]

Synergy Group’s Greentech Projects acquire International Standard Certificate, Energy emissions quantified exceeds 7,000 tonnes of CO2e

HONG KONG, Feb 7, 2022 – (ACN Newswire via SEAPRWire.com) – Synergy Group Holdings International Limited, stock code 1539.HK (“Synergy Group” or “The Group”)(1) has successfully acquired verification statements of Greenhouse Gas (GHG) emissions granted by CMA Testing and Certification Laboratories under CMA Industrial Development Foundation Limited (CMA Testing(2)). The Group’s projects were quantified to […]

AEON Credit Service Launches Various Credit Card Offers Joins Hands with Customers to Fight Pandemic and Welcome Chinese New Year Peak Shopping Season

HONG KONG, Jan 18, 2022 – (ACN Newswire via SEAPRWire.com) – AEON Credit Service (Asia) Limited (“AEON Credit Service” or the “Group”; stock code: 00900) has launched a number of credit card offers to help customers cope with the new wave of the pandemic as well as welcome the traditional Chinese New Year shopping season. […]

Crypto Credit Scoring Protocol CreDA Partners with FilDA to offer Leveraged and Low-Collateral Lending

Users of CreDA’s platform can now earn industry-beating lending rates through FilDA based on their Crypto Credit Score. New York, NY, January 14, 2022 – (SEAPRWire) – CreDA (Credit DeFi Alliance), the leading decentralized credit rating service and FilDA, the largest ever DeFi lending platform on HECO with a peak TVL of over $2 billion USD, have […]