News
Bank of Singapore names Eng Chien Chan as market group head for Greater China
Bank of Singapore names Eng Chien Chan as market group head for Greater China
His appointment will be effective on 17 March.
Syfe launches JPMAM active ETF portfolio in Singapore
The Equity Alpha portfolio targets an annual alpha of 0.5% to 1% at a fraction of typical annual fees.
Kotak Life and Utkarsh Small Finance Bank ink life insurance partnership
Utkarsh SFBL offers Kotak Life’s insurance products to its 5.14 million customers.
CIMB ties up with Ant Int’l to push digital treasury and liquidity framework
They will use Ant’s blockchain-based treasury management solution.
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.
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1. HSBC Singapore names two senior appointments for China proposition 2. Mastercard runs first live agentic payment in Singapore with DBS, UOB 3. India’s Bank of Baroda to log 1% to 1.2% ROAA over next two years 4. HSBC sees Hong Kong driving global RMB adoption 5. Yoonmee Jeong drives OCBC’s green finance push in AsiaResource Center
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