News
OCBC rolls out free ESG assessment tool for SMEs
OCBC rolls out free ESG assessment tool for SMEs
Large companies can request to onboard their SME suppliers.
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.
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