News
Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand
Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand
Credit offtake of public banks outpaced private banks.
Malaysian banks’ impaired loans rose in January
Loan loss coverage ratio dipped to 128.6% from 129% previously.
Japan, India renew bilateral swap agreement
The size of the BSA remains unchanged at $75b.
Wise unveils international business payment account in Hong Kong
It has no minimum balance requirement and no monthly subscription fees.
Endowus revamps HK advisory and investment leadership
Four new key appointments have been made.
Chinese banks’ DeepSeek adoption brings risk management challenges
DeepSeek’s lower cost will widen gen AI access in the banking sector, S&P said.
Nomura’s profitability, earnings stability strengthen through 2025
Enhanced risk management will reduce risk of losses and earnings volatility.
PSBank hits all-time high net income of $89.97m on higher loans
Total gross loans rose 15% due to strong demand.
Singapore banks recalibrate ASEAN strategies
The three banks stand to see growth opportunities in the Johor- Singapore SEZ.
MUFG Bank to invest in life sciences investment fund
The fund aims to establish startups as well as develop and launch new drugs.
Siam Commercial Bank targets top wealth manager spot in Thailand
SCB CEO expects Thai assets to exceed $1t by 2028.
China CITIC Bank and HKA launch travel card
Cardholders can earn up to 26,000 points when spending HK$25,000 within the first 5 months of issuance.
Hang Seng Bank executes pilot trades under RMB Trade Financing Liquidity Facility
It is one of the first banks to participate in the facility.
CIMB’s net profit up 10.7% to $1.71b in 2024
They’ve proposed a second interim dividend of 20 sen per share.
DBS and SMF partner to drive sustainability in SG’s manufacturers
They aim to support 500 small and mid-sized manufacturers.
India’s restored risk weights offer modest impact to banks
The move will enhance flow of credit from banks to better-rated NBFCs.
Alliance Bank’s net profit up 7.9% to $123.9m in 9M FY2025
Overall loans rose 14.2%, with commercial loans growing fastest.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?