News

Singapore and Thailand ink pact on cybersecurity and digital fraud

Their central banks will exchange regulatory and incident updates.

BBTN Q2 profit surges 61.3% on lower costs and superapp growth

The rapid expansion of the Bale app will deepen customer engagement and diversify its earnings.

TMBThanachart seen hiking dividends after early buyback completion

The bank still has THB14b budget remaining for share buybacks to 2028, said UOBKH.

South Korean banks to tighten household lending in Q3: BOK

Banks expect mortgage demand to decrease and corporate loans to rise.

Higher costs weigh on Bangkok Bank’s Q2 profit

The bank's opex rose 9% from Q1 on accrued expenses and IT-related costs.

Bangkok Bank’s net profit down 16.2% in H1 on lower interest income

Net interest income declined by 12.4% during the six-month period.

Allianz buys HSBC Life Singapore for $2.1b

The agreement includes a 15 year exclusive bancassurance partnership through HSBC.

Chubb and Atome launch shopping fraud cover

Cardholders can seek reimbursement when goods arrive damaged or fail to arrive.

MariBank Philippines transitions to a digital bank license

It commenced operations as a digital bank on 18 July.

Techcombank profit up 14.9% to $532.7m in H1 as insurance income doubles

The launch of its new life insurance company in Q1 accelerated the new premium collection

PH central bank inks pact to share financial data in scam probes

It has safeguards to ensure that the info shared is only used for authorized purposes, the BSP said.

UOB upgrades 300,000 Visa cards to new premium tiers across ASEAN

Eligible cardholders will learn of their new card tiers beginning September 2026.

Krungsri posts 6.8% profit rise to $501m as AI supply chain fuels corporate lending

Loans inched up just 0.4% overall whilst deposits fell by 2.8% in the H1 period.

Krungsri maps out FX strategy with digital and currency expansion push

The Thai bank said it will deliver more tailored risk management solutions.

TPBank partners TerraPay for real-time payments across 156 countries

They do not have to make multiple bilateral relationships or invest heavily on tech, a bank official said.