News

Mizuho and IFC launch $1b supply chain finance facility for APAC SMEs

IFC will provide up to $500m in risk-sharing for supply chain finance instruments.

Deutsche Bank names Vikas Arora as Philippine country chief

Arora was also appointed as head of corporate bank in the Philippines.

China bank recapitalisation hits weak credit demand

Capital injections will strengthen major banks’ buffers, but subdued household and corporate borrowing remains the bigger constraint on loan growth.

Ping An Digital Bank assets surge 130% to $1.99b in H1 2026

The bank’s fee and commission income grew sevenfold whilst deposits more than doubled.

Swift aims to make cross-border payments as easy as domestic transfers

DBS, Commonwealth Bank of Australia, AP+, and IDFC FIRST Bank are amongst the participants.

Skyro secures Malaysia digital moneylending license

It will offer cash loans and introduce other credits products over time.

Citi poaches J.P. Morgan’s global chemicals IB co-head

Chris Power will co-lead Citi’s global chemicals franchise with Arkadi Nachimowski.

Morgan Stanley deal pipeline exposed following client email leak: report

A spokesperson said that they are engaging with relevant parties.

SMBC targets green debt expansion via Climate Bonds Initiative deal

It also said that certain categories in its finance framework are aligned with the Climate Bonds’ criteria.

MNC Bank rolls out 3 credit cards with JCB and Kawasaki

One card offers a complimentary towing service and 10% discount on spare parts.

Antom taps three DOKU executives to lead Southeast Asia operations

Alsagoff is head of product for Antom SEA whilst Yeo will head Antom Philippines.

CBA, ASB, BofA join consortium for AI commerce rules

Their next step is to detail how the principles can be implemented.

Citi partners HDBank to boost Vietnam trade finance

They plan to share insights and organise training programs and workshops.

Bank Negara Malaysia urged to cut reserves to spur green lending: think tank

The central bank is also encouraged to offer preferential rates to banks for green loans.

Most SMEs eye switching cross-border payment provider in 2 years: poll

SMEs in Indonesia and India are the most likely to shop around with at least four providers.

Which Malaysian banks exhibit the most nature disclosure readiness?

Banks with stronger capabilities may increasingly support better borrower selection, amongst others.