News
Bank of Ningbo’s established regional presence supports profitability
Bank of Ningbo’s established regional presence supports profitability
It reportedly has a good local presence.
Taiwan’s credit card balance rose in April
The amount of undue balance of installment fell from the previous month.
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
SG digital banks expand into investments and loans to boost profits
One problem they face is that many accounts remain inactive.
Taiwan eyes asset management hub status with law changes
They must retain their branch in the same place for a 7-year period.
APAC companies brace for more “ultra long payment delays” in 2025
Over 57% of 2,400 companies surveyed expect a deterioration in late payments.
Indonesian banks’ liquidity likely to improve in H2
NIM is expected to compress for the Q2 2025 period.
Ant International eyes stablecoin licenses in Hong Kong, Singapore: report
The unit is reportedly seeking a related permit in Luxembourg, according to sources.
Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch
And Citi exec expects banking and trading performances to improve.
BPI unveils SINAG bonds, will finance green and social projects
The bonds are structured with a 1.5-year tenor.
Taiwanese domestic banks’ SME loans up NT$52.5b in March
Average NPL ratio fell during the month.
Chinese banks to weather trade-related strains: S&P
Regional banks in coastal provinces are likely to see greater pressure than megabanks.
Deutsche, Ant teams up to improve cross-border payments
They will work on global treasury management and cross-border payment projects.
Taiwan’s outstanding loans up $1.01b in April
The NPL is the same as in March, according to official data.
CMB International to maintain strong profitability through 2026
Returns will be supported by robust fee and commissions income.
Hong Kong’s millionaire density trails only mainland China: report
It noted Hong Kong as having one of the highest millionaire densities in the world, second only to mainland China.
DBS first to accept CPF LIFE payouts for credit card applications
It aims to expand access to financial products for retirees and seniors receiving monthly payouts.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer