News

Hong Kong banks shift 2030 focus to execution

Hong Kong banks shift 2030 focus to execution

Nearly all banks remain positive in 2030 as wealth and cross-border demand strengthen.
5 hours ago

Ping An Digital Bank offers $6.4m trade loans to SMEs

New facilities use alternative credit data with funding available in as fast as one business day.
10 hours ago

OCBC opens ringgit savings to Singapore customers

First non-Malaysian lender offers interest-bearing MYR balances of up to $12,250.4.
11 hours ago

TMBThanachart Bank faces 7% profit drop as tax relief ends: CGS

The lender expects to exhaust THB2b in remaining benefits by early 2027.
11 hours ago

Standard Chartered buys Zodia Custody as digital units combine

The proposed transaction remains subject to regulatory approvals across its operating markets.
11 hours ago

NATIXIS CIB plans to expand its Tokyo operations by January 2027

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

Visa and Mesh to enable crypto payments at over 175 million merchants

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.
15 hours ago

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.
1 day ago

Foreign currency deposits squeeze Indian bank margins

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

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

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

Sea Limited plans to list fintech arm Monee

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

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

Talks covered tokenisation AI adoption quantum security and sustainable finance.
1 day 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.
2 days 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.
2 days ago

Asian banks gain brand value amidst fintech competition

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