News
China bank assets grow 8% in Q1 despite rise in bad loans
China bank assets grow 8% in Q1 despite rise in bad loans
Assets of large commercial banks grew faster than that of join-stock commercial banks.
China CITIC Bank Int'l completes first Hong Kong gold clearing trades
It is amongst financial institutions who are first to participate in the system.
Industrialising AI pilots is insurers’ next enterprise test
Prudentials Mohit Tandon said usage is now the million-dollar question.
UOB and ANTA sign MOU for cardholder discounts
The emerging affluent and affluent segments can expect exclusive offers.
Ujjivan Small Finance Bank rolls out mutual fund distribution services
It is available multi-channel such as via internet banking and mobile banking.
MUFG and JCB to offer card products for ASEAN’s affluent market
Their cards will offer exclusive benefits in Japan, with deposit and investment services.
AhaPay and DirectD to offer BNPL to Malaysian tech shoppers
Malaysia has about 7.5 million active BNPL users, according to official data.
SCB rolls out 24/7 USD clearing in Thailand with Citi Token Services
Settlement is near instant, according to SCB.
HSBC appoints Nick Elias to lead wealth AI push
Elias will helm HSBC’s Wealth Transformation Programme.
Philippine National Bank's property arm eyes PSE listing with no date set
PHC is undertaking the necessary documentation and preparatory steps for the listing.
Malaysia bank loans up 5.7% in May on record business loan growth
Utility loans grew 38.1%, whilst household loans sustained its 5.5% growth rate.
Philippine central bank explores wholesale CBDC
Using it for financial securities transactions could reduce settlement risks, the BSP said.
Maybank Indonesia unifies five entities under single conglomerate
The move unifies governance, oversight, and operating framework of the companies.
ANZ names ex-NAB and Westpac exec to its board
Rachel Slade was most recently group executive, business and private banking at NAB.
QR Ph captures 55% as card payments lose ground: PayMongo
Interoperability lets merchants accept payments from banks and e wallets through one code.
Digital banks bet on AI to unlock outsized ROI
However, AI is everywhere except in ROIs.
ANEXT Bank taps embedded lending to grow SME credit reach
Workflow data reshapes underwriting as banks move closer to small businesses.
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HSBC Indonesia won International Retail Bank of the Year - Indonesia for a third straight year, honouring its wealth expertise, digital growth, and innovation.
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