News
ZA Bank partners with TransUnion to offer credit alert service for free
ZA Bank partners with TransUnion to offer credit alert service for free
It notifies of new credit accounts opened under their name, amongst others.
Kasikornbank headed for year of portfolio clean-up
UOB Kay Hian “surprised” regarding the Thai bank’s flat loan growth target.
Mizuho’s profits tripled in 9M FY2024
Consolidated gross profits rose 288.9% thanks to the rate hike and NII growth.
Sumitomo Mitsui Financial Group’s profits up 43.3% in 9M FY2024
Earnings per share (diluted) is JPY289.92.
Malaysia’s private non-financial sector loans up 5.2% in Dec 2024
Business loan growth moderated although SME loan growth was “sustained.”
Asia’s fintech transactions to reach $19t by 2025: UnaFinancial
Asian fintech transactions reached $16.8t in 2024, according to the report.
Nearly 90% of Singapore banks lose clients due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies.
Philippine central bank expands programme for easier exchange of mutilated currency
The Piso Caravan aims to improve coin circulation.
Citi appoints Christie Chang as CEO for Taiwan
She succeeds Aftab Ahmed, who retires after 50 years with Citi.
BNP Paribas net income rises 4.1% to $12b in FY 2024
Revenues during the period saw $50.78b.
UBS net earnings dwindles to $5.1b in FY 2024, revenues up globally
Asia operations pencilled a profit before tax of $271m
SG, Indonesia FinTech startups funding decline in 2024
Singapore tech startups raised $2.1b whilst Indonesia funding declined by 75%.
Alipay overseas transactions spike 30% amidst new year festivities
Singapore registered the fastest growth of 56% YoY.
BSP, Royal Canadian Mint ink MoU on currency management
It outlined key areas of cooperation including technology exchange.
HSBC, Delta Capita collaborate on post-trade services
Delta Capita established operational hubs in Kuala Lumpur and Manila.
Euroclear Bank secures Singapore branch licence
It will operate under a wholesale banking licence.
Most MSMEs in Asia seek bank loans first, but success rate remains low at 57%
Amongst all funding options, microfinance institutions had the highest success rate.
Thought Leadership Centre
Most Read
1. Singapore aced its FATF evaluation — now comes the hard part 2. Citi boosts North Asia & Japan corporate desk headcount by 25% 3. UOB Private Bank hires Dominique Boer as ASEAN regional market head 4. Japan banks turn to stablecoins to retain deposits 5. India card payments post five years of growth: GlobalDataResource Center
Read Here
Advertise
Sign Up
Event News
Leading voices from the banking and insurance industries will meet at The Hyatt Regency to discuss wealth management, insurance investment, and the AI economy.
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