News
Credit Bureau and Experian Malaysia sign credit reporting MoU
Credit Bureau and Experian Malaysia sign credit reporting MoU
The partnership will support consented cross-border credit report applications between Singapore and Malaysia.
Weekly Global News Wrap: Intesa bids $35b for MPS; Maybank books $4.9b in Johor-SG SEZ
And British banks want closer ties with the EU, a lobbying body said.
Citibank Singapore offers Citigold clients one-day Porsche test drives
They can also have a light breakfast, and a 60 to 90 minute accompanied test drive.
New Zealand to let all deposit takers call themselves banks
Non-bank deposit takers will be able to use restricted words by December 2028.
UBS slashes Asia ESG office by half
Its Asia team now has just three employees, sources said.
Bangkok Bank launches café-branch hybrid
It has an exclusive menu and will offer personal financial planning.
UOB's potential asset management sale could unlock value for wealth push
The bank is likely to reinvest any proceeds to enhance its advisory capabilities.
BofA to launch cross-border real-time payments via Swift and CashPro
It will connect with several real-time payment networks globally.
PH bank lending accelerates to 11.4% in April on business demand
Consumer loans continued to show growth but moderated from March levels.
ZA Bank launches Wealth Connect Southbound via Industrial Bank tie-up
The individual investment quota under the scheme is up to RMB3m or about US$443,000.
UOB appoints Adaline Zheng as China CEO
South Korea country manager George Tung will take over as Hong Kong branch CEO.
India’s UPI goes live at 4.5 million Cambodian merchants
Indian travellers can now pay via QR payments in Cambodia using their UPI app.
OCBC unveils local physical gold service for institutional clients
The bank will offer 12.4kg gold bars alongside 1kg kilobars.
Vietnam's MSB halves loan approval time to 15 minutes
MSB operates 260 branches.
Corporate demand to drive ICICI Bank's 16% loan CAGR
The bank does not face additional stress from the Middle East conflict or the ECL transition.
TenPay Global lets foreigners send remittances to China via WeChat
TenPay’s cross-border remittance platform has over 60 partners globally.
DBS Remit adds Weixin Pay as transactions surge eightfold
Average ticket sizes have grown to over S$800 since February.
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