News
Australia flags excessive car finance fees in eight-lender review
One customer paid $6,222 in fees on top of typical lender and distributor fees.
TMBThanachart’s NIM to rise to 2.92% in Q2 as loans shrink
The bank is focusing on higher-yielding loan segments.
Weekly Global News Wrap: Morgan Stanley caps $7b fund redemptions; StanChart eyes Bahrain wealth exit
And JPMorgan will launch AI agents later this year.
BSP lets Philippine banks exclude paper losses from capital ratios
The measure is in effect until December 2026.
South Korean bad loans climb as new delinquencies outpace resolutions
There were more unsecured loans and less resolved loans in April.
Siam Commercial Bank and Sansiri push for 50% paper reduction this year
Sansiri will use SCB's Digital Workflow technology.
ASB Bank fined $3.84m for 7 AML breaches
The bank admitted to seven breaches of AML/CFT rules.
ShanCom Bank offers exclusive mortgages for Henderson buyers
Buyers are offered a cash rebate of up to 1.3% and first-year home insurance.
Citi bolsters APAC DCM franchise with hires from HSBC and UBS
Anthony Yap joins Citi in Sydney whilst Maria Chua joins the bank in Hong Kong.
Green Link posts eightfold income growth on disciplined SME focus and AI investment
Green Link says digital banks fail by mimicking traditional models as agentic AI offers a way to serve SMEs at lower cost.
HSBC Australia fined $24.53m over scam protection failures
HSBC admitted to inadequate scam controls in its internal transfer system between May 2023-2024.
NAB deploys AI analytics tool saving 2-4 days per use case
Genie translates plain English questions into structured SQL queries.
ANZ opens 27 branches on Saturdays for home loans and specialist banking
There will be no over the counter services on Saturdays.
Taiwan SME loans rise $2.27b in April with bad debt ratio improving
Average NPL ratio was 0.20% and lower than in March.
BSP raises salary loan repayment cap to seven years
The seven years is the maximum tenor and not a fixed loan term.
CommBank names new group CIO and group CTO
Victoria Ledda and Rodrigo Castillo will take over their new roles on 1 July.
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Event News
Banks can respond by moving toward a hybrid advisory model.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC