Asian Banking & Finance

Sangyo Sosei Advisory Inc. is set to join the firm in January 2027.

Wallet holders can pay from crypto balances without selling or preloading funds.Visa is partnering with crypto payments network Mesh to let consumers spend cryptocurrency and stablecoin balances at more than 175 million merchant locations worldwide.

Stronger lending income and lower bad-loan provisions are expected to support the lender's recovery.

ICICI Bank and two major rivals raised a combined $40b through FCNR(B) accounts.

Local vendors and manufacturers gain access to RM200m in affordable financing.

Hong Kong subsidiary PFH faces a US$254.9m loss following a goodwill write-off.

It will also launch an artificial intelligence-focused enterprise platform.

Talks covered tokenisation AI adoption quantum security and sustainable finance.

Virtual banks are using richer data and modern technology stacks to compete in lending and risk management.

Shares opened 0.5% above their offer price as the company made its market debut on 20 October.

ICBC recorded a 49% increase whilst Agricultural Bank of China registered 54% growth.

MBS expects lenders with diversified funding sources to benefit more from the revised 95% LDR ceiling.

ServiceNow will support technology monitoring across Malaysia, Singapore, and Indonesia under a five-year agreement.

The bank handled nearly $20b in regional acquisitions.