News
Manappuram banks on gold for growth but target "aggressive": CreditSights
Manappuram banks on gold for growth but target "aggressive": CreditSights
Gold lifted loans in both its parent firm and microfinance industry.
Hong Kong’s Mox achieves breakeven in Q1, unveils wealth platform
Mox+ offers preferential FX pricing, enhanced deposit rates, and early access to new products.
UOB's Q1 profit down 4% to $1.1b on lower fee and interest income
Trading and investment income also fell 13% compared to Q1 2025.
CIMB's Thai auto sale frees $331.21m and improves profitability
CIMB Thai has been a drag to its parent company.
BNI's 20.1% loan growth masks weakening private-sector demand
Wholesale segments are lifting up BNI’s loans.
Citi names Raj Rathi as India chief of M&A business
Rathi served as head of strategy and corporate development for an India fantasy sports tech company.
CIMB Thai sells auto financing portfolio to Krungsri
CIMB Group expects CIMB Thai’s ROE to improve to double digits after the sale.
Bank phishing declines but still drives 26% of attacks
Bank services may be becoming increasingly difficult to successfully impersonate.
Krungthai Bank sees costs staying in line as it prepares JV for bad loans
The Thai bank believes that wealth management will drive its income growth through 2028.
Asia-Pacific deal values drop to $127 billion after major tariff shock
Total transaction values plummeted after April trade restrictions forced a summer long freeze in regional merger and acquisition activity.
OCBC to acquire $6.6b HSBC Indonesia wealth, retail banking business
The deal is expected to lift its Indonesian unit’s AUM by about 25%.
MAS pilots cross-bank AI models to detect scam risks
All sensitive data used in the exercise will be permanently deleted once complete.
Citi hires StanChart veteran to lead Hong Kong corporate banking
Anita Li joins Citi in July.
NAB profit falls 19% to $1.98b on large notable items
Net interest income rose by 8.5% whilst total operating expenses hit a 32.47% increase.
Fusion Bank’s loans double in 2025 on mainland firms’ overseas ambitions
Its commercial loan balance rose to HK$2.3b, it said.
Malaysia's $1.3b support package to prevent bad loan spike
The SME sector received similar support during the pandemic era.
Malaysia rolls out $1.26b loan facility to aid SMEs amidst Middle East disruptions
Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).
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