News
Aozora Bank's Q3 profit soars 90.2% to ¥90.2b
Aozora Bank's Q3 profit soars 90.2% to ¥90.2b
Thanks to the improvement in net interest income.
ICICI Bank’s net profit up by 14.8% YoY to $1.4b in Q3
Its domestic loan portfolio also grew by 15.1%.
BPI’s net income increases by 20% YoY to $1.06b
Revenue stood at $2.9b (PHP170.1b), up by 23%.
Thailand’s digital lending growth demands better credit risk models
New approaches to credit risk assessment are crucial for financial inclusion and innovation.
New Policy Pulse details efforts to achieve HK’s financial hub status
It provides an overview of the developments and achievements of HK’s financial services in recent years.
India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal
The collaboration will leverage IPPB’s network of 650 banking outlets.
Philippine Crop Insurance to disburse farmer payments via GCash
Farmers no longer required to visit PCIC offices.
Banked, NAB launch Pay by Bank payments on Amazon Australia
This allows customers to pay directly from their bank accounts.
Thai banks have room to improve costs, loans in 2025: UOBKH
But loans extended to SMEs will continue to remain sluggish in quality.
Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock
It identified consumer payments and value-added services amongst its growth levers.
Cambodia sees progress in responsible lending: officials
Of 22 priority actions, 4 are complete and 15 are ongoing, the statement said.
AEON Bank told to improve measures against money laundering and terrorism financing
Japan's FSA suspected the bank of having left 14,369 transactions unaccounted for.
Here’s how ISO 20022 adoption impacted DBS Bank
It reportedly improved payments processing and regulatory compliance.
Malaysia fines AmBank for investment transaction breaches
AmBank failed to obtain approval for the transactions, the BNM said.
Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks
The platform recently welcomed Kaspi.kz and BigPay.
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December.
Home loans in negative equity dropped to $25.03b in Dec 2024
The number of cases fell, but the three-month delinquency ratio rose.
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