News
Citi forms AI Infrastructure Banking team to tap $3t financing opportunity
Citi forms AI Infrastructure Banking team to tap $3t financing opportunity
The team aims to provide debt financing to fund data centres and other infra capacity.
MUFG and Singlife seal $550m insurance financing deal
It ranks amongst Singapore’s largest insurance financings.
OCBC hit with complaint over coal power financing in Indonesia
The complaint notes it excludes financing for new coal plants under its framework.
Citi names Thai Nguyet Minh as markets head and country treasury for Vietnam
She joins from Maybank, where she was the Vietnam head of global markets.
Weixin Mini Programs' transaction value up 65% in LNY 2026
Transactions of Chinese tourists visiting Italy and Malaysia more than doubled.
Bank Central Asia’s net profit rise 5.8% to $287.65m in Jan 2026
Net interest margin fell on lower earning asset yield, noted CGSI.
OCBC’s net profit dip 2% to $5.87b on higher tax expenses
OCBC’s net profit dip 2% to $5.87b on higher tax expenses
RCBC’s net income up 11% to $183.71m in 2025 on loan and card growth
Credit card receivables rose due to the “successful acquisition of affluent customers.”
AUB’s net income up 12% to $220.12m on commercial loan growth
AUB’s net income up 12% to $220.12m on commercial loan growth.
PNB’s net income up 20% to $438.6m in 2025 on more loans and lower costs
It's bad loans ratio declined to 4.7% whilst operating expenses grew slower.
UOB’s net profit falls 23% to $3.69b in 2025 as allowances double
The bank raised provisions by S$1.5b, with higher allowances in Singapore and China.
Welcome Bank (Rural Bank) unveil e-signature and e-KYC services in loan apps
It eliminates the need for scheduled video calls or a hybrid application process.
Alipay’s AI Pay surpasses 100 million users
Consumers pay via voice command, eliminating the need to switch between pages.
Krungsri, Thai stock exchange push SETCarbon platform for SMEs’ green transition
The platform is now used by 380 organisation, with 85% being listed companies.
National Australia Bank’s net profit up 11% to $1.56b in Q1 FY2026
Revenue rose 6% on higher markets & treasury income.
Citi launches Korea desk in Chicago to back Korean firms’ US expansion
Citi Korea opened its first Korea desk in New York in 1993.
Mastercard partners to launch cyber shield for SMEs and public sector
Partnership merges Recorded Future with WAF to guard against Shadow IT threats.
Commentary
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance