News
Singapore unveils BL checker for banks
Singapore unveils BL checker for banks
Banks can automatically retrieve data points to verify if the Bill of Lading is genuine.
Singapore’s SMEs missing out on S$800m annually due to idle cash
Over 2 in 5 keep their cash idle in deposits and bank accounts.
Taiwanese banks’ bad loans fell in Dec 2024
The NPL ratio remained the same.
DBS names new group COO, group audit head
Jimmy Ng, current group head of operations, will retire and become a senior advisor for AI.
OCBC, EnterpriseSG offer SMEs sustainability assessments, green loans
SMEs will be able to measure their sustainability performance.
ANZ joins Bank@Post, allowing customers to bank at Post Offices
Customers can access the services beginning 1 October 2025.
CBA expected to maintain low credit losses, strong capital levels
Australian banks remain exposed to high household debt and prices.
Westpac CEO welcomes changes to Australia’s home lending regulations
The bank suggested a more flexible approach to risk tolerance in property construction in select cases.
Taiwanese banks extended more SME loans in December
Average NPL ratio declined by 0.01 percentage point.
CommBank Australia reports net profit of $3.2b in H1
Interim dividend is A$2.25 per share.
Philippine banks expand lending by 12.2% in Dec 2024
Loans for production activities rose 10.8% during the month.
Krungsri teams up with food manufacturers to launch green FX program
Customers who achieve predefined ESG targets can get reduced costs.
Tight lending rules limit Thai SME credit access
Strict bank requirements and economic instability restrict SMEs' funding options.
RBI proposes extra authentication for first-time online card use
Card issuers are mandated to validate the additional factor authentication.
HK’s young affluent families eye HK$18m in savings, but lack plans
Only a third of respondents have financial strategies to meet their needs.
Standard Chartered unveils cross-currency transaction FX solution
It offers competitive FX pricing and an automated FX payment service.
Fintech JuanHand disbursed $772m in over 20 million loans
The fintech’s average repeat rate is at 90%.
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