News
IFC puts $100m into UnionBank to fund MSMEs and green projects
IFC puts $100m into UnionBank to fund MSMEs and green projects
UnionBank plans to grow and diversify its sustainability assets.
Philippine Business Bank names new COO
She is also appointed to the rank of executive vice president.
PH central bank and RCBC back LRT-2 digital fare test
Commuters can pay using cards, mobile wallets, QR codes, and even their social security cards.
NAB says Islamic home loans open to all faiths
It is available to people of all religions, according to an article by AAP FactCheck.
APAC banks risk losing clients without digital assets
Institutions that delay infrastructure investment risk surrendering client relationships.
DBS bets on AI to break advice bottleneck
Faster preparation could widen client coverage, but portfolio suitability remains the industry’s hard limit.
BPI net income dips to $532.8m in H1 2026
It increased provisions by 84%, whilst operating expense are 13.8% higher.
Visa refreshes Visa Infinite offering with new tiers
The top tier is invitation-only with an enhanced airport fast track access.
CIMB Islamic to launch no annual fee credit card in October
CIMB Lite-i will have a profit rate of 14% per annum across all tiers.
Krungsri rolls out loan for SMEs' larger investments
They can get up to $4.47m with a special interest rate of 3.5% for the first two years.
Think tank urges Japan to ditch market neutrality to fight greenwashing
Japan’s central bank should establish a green collateral framework and revise its green investment directions, it said.
BSP unveils AI rules for Philippine banks and vendors
It aims to guide FIs developing their own AI governance and risk management frameworks.
Vietnam’s NCB launches VietQR Global for Asian tourist payments
It supports payments from China’s Alipay and UnionPay and four other markets.
Hyundai Card launches Alphabet Card as a standalone brand
It is a spin-off of its lifestyle credit card brand first launched in 2004.
JCB and Circle to test stablecoins for treasury and merchant payments
They will work on a proof of concept using the USDC.
Bank of Singapore expands CIO advisory council with PIMCO and KKR picks
The council is now composed of 11 members.
Trust Bank brings UK UCITS ETFs to Singapore investors
Commission is 0.05% (minimum US$4) per trade.
Commentary
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