News

Bangkok Bank profit to rebound in Q4 after 31.2% drop: CGS

Bangkok Bank profit to rebound in Q4 after 31.2% drop: CGS

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

Foreign currency deposits squeeze Indian bank margins

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

SME Bank secures RM2.8b as Malaysia targets seven sectors

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

Public Bank profit to fall 5.5% as Hong Kong unit faces loss: CGS

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

Sea Limited plans to list fintech arm Monee

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

UK and Singapore align financial agenda ahead of G20 and ASEAN roles

Talks covered tokenisation AI adoption quantum security and sustainable finance.
8 hours ago

Hong Kong banks expand AI across lending and fraud controls

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

GCash operator Mynt raises record $966m in Philippine IPO

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

Asian banks gain brand value amidst fintech competition

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

Vietnam's new rules could widen banks' lending capacity

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

Maybank deploys AI to prevent banking disruptions

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

Citi's ASEAN investment banking revenue jumps 35%

The bank handled nearly $20b in regional acquisitions.
1 day ago

Paymentology partners with AUB on digital payments

The deal will support HelloMoney AUB’s flagship e-wallet and its QR Ph capabilities.
2 days ago

HSBC Private Bank trains wealthy heirs to tackle succession risks

A six-week digital course with MIT Sloan targets clients aged 23 to 30 entering family business leadership.
2 days ago

Indian Bank lifts quarterly profit 15% to $364.3m

Net interest income climbed 18% year-on-year as lending growth supported the bank's performance.
2 days ago

Visa expands stablecoin reach as StraitsX card GTV tops $6b

It enables international card issuance using existing merchant infrastructure, subject to local compliance rules.
2 days ago

Bahrain bank eyes digital settlement as Partior expands

The assessment will consider whether the bank can become a designated clearing institution on the multi-currency network.
2 days ago