News

CommBank commits $98.56m to branch network

The bank aims to reduce wait times and expand access to specialist support.

SeABank raises charter capital to $1.3b with central bank approval

The increase came from accumulated undistributed after-tax profits.

GCash operator Mynt gets approval to file for IPO

It will be equivalent to 12% of Mynt’s outstanding common shares post-IPO.

Chubb Philippines embeds cover in UnionDigital Bank app

Eligible loan borrowers receive protection for 3 months at no added cost.

Blue Cross widens perks as Samsung Wallet joins push

Designated travel plans can include a HK$20 ePremium Coupon.

Korean household loan growth triples on Seoul mortgage demand

There was an increase in housing transactions in Seoul.

Alipay debuts AI agent interface “Ah Bao” in China

Users only need to speak to Ah Bao, pick a service listed, and pay for it without switching apps or pages.

Hong Kong credit card balances rise as revolving lines fall

Personal loans and credit cards grow whilst revolving credit and loan-on-card shrink.

Citi Mobile App launches e-vouchers at 500 merchant outlets

Citi Mastercard holders are offered exclusive discounts and perks at certain hotels.

Aussie mortgage holders spending less as higher rates bite: CommBank

They bucked the trend of Australian households spending more in May.

Interest income and fees drive Japan bank profits up 32.7% to $37.25b

NPLs slightly increased although the NPL ratio dipped to 0.64%.

Australia streamlines financial accountability rules

The changes will halve compliance updates for 4,500 people.

Japan's megabanks target live stablecoin transactions in FY2026

The three will establish a voluntary council for this goal.

China and Indonesia link cross-border QR payments

Chinese users can use their UnionPay app, Alipay, and banking pps.

Citi names JianXun Toh as JANA head of corporate banking

Citi is in the process of identifying a new head of T&C, it said.

SME Bank nets $9.9m from zakat entrepreneur programme

The Malaysian lender said that its programme services nearly 1,000 entrepreneurs.