News
Shinhan FG to maintain ‘resilient’ credit profile despite subsidiary woes
Shinhan FG to maintain ‘resilient’ credit profile despite subsidiary woes
Whilst two subsidiaries saw trouble, other key subsidiaries maintain stable outlooks.
2024 Policy Address: Hong Kong to boost offshore RMB business
Plans include upgrading the Central Moneymarkets Unit.
Summerland Bank and Regional Australia Bank to merge
Regional Australia Bank had just finalised a merger with Macquarie Credit Union.
DCS Card Centre launches Visa card with three rewards options
Cardholders can choose either investment credits, miles rewards, or cash rebates.
Aspire receives IPA for the Major Payment Institution license
This supports the company's goal to build a user-friendly financial platform.
OCBC teams up with Disneyto boost new customer growth in SEA
The collaboration will kick off in Singapore with the soft launch of the OCBC MyOwn Account.
Vietnam’s debit card payments market to be worth $65.6b in 2028
The rising number of banked Vietnamese is pushing up adoption, although payment usage remains low.
Tighter policies drag South Korean household loan growth in September
Banks have supposedly stepped up their efforts to manage household debt.
Japan and Indonesia renew their bilateral swap agreement
The size of the BSA is up to $22.76b or its equivalent Japanese yen.
Taiwan credit cards’ balance rose in August
But the amount of monthly retail sales was 7.96% lower than in July 2024.
SME loans in Taiwan rose in August
A total of NT$10.17t loans has been extended to SMEs.
Overseas Filipinos’ remittances up 3.3% to $3.2b in August
Cash remittances coursed through banks rose by 3.2% during the month.
Cambodia enables QR payments from foreign e-wallets through Alipay+
They can now make payments in over 1 million Cambodian merchants.
ING names Uday Sareen as APAC chief exec and head of wholesale banking
He first joined ING in 2007.
Singapore fintech funding down 10% to $208m in Q3
The drop is in line with overall tech startup funding in Singapore.
Hong Kong to rename ‘virtual banks’ to ‘digital banks’
The bank will set-out new guidelines shortly.
Citi names Hooi Wan Ng as head of markets for Malaysia
Ng joins from JP Morgan, where she had led the local markets and private side sales since 2011.
Thought Leadership Centre
Most Read
1. OCBC scales regional SME support with S$25b sustainable finance goal 2. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 3. MUFG breaks ground on new HQ with 2030 target completion 4. Standard Chartered unveils first-ever Global Fusion Centre in Malaysia 5. Philippines cash holds 42% of POS payments despite e-wallet riseResource Center
Read Here
Advertise
Sign Up
Events
Event News
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge