News

India’s infrastructure bank targets Uttar Pradesh funding gaps

The partnership will provide debt-raising and credit enhancement services.

Philippine bank lending slows to 9.8% in June

Overall expansion was tempered by the construction and education sectors.

Shinhan Bank taps StoneX to cut cross-border payment costs

It will gain access to a network of 385 banks.

HSBC offloads $25b home‑loan portfolio amidst Australia retail banking exit

It is seen as the world's largest home-loan portfolio transaction.

Mizuho Q1 profit surges 45.5% to $2.64b in Q1 on stronger fees

Mizuho reported a strong fee business mainly with domestic corporates.

NaBFID loan book grows tenfold to $10.76b in three years

Loan book expansion is expected to continue over the next few years.

Vietnam’s HDBank taps TerraPay for real-time cross-border payments

TerraPay will manage delivery to overseas bank accounts and digital wallets.

Hyundai Card's Alphabet brand unveils 11 cards with 10% category discounts

The cards offer 5% discounts on coffee, convenience stores, and public transportation.

Three new payment services launched in the Philippines

InstaPay for Businesses increases maximum transfers to $8,144 (PHP500,000).

Citi names Goldman's Mascanzoni as ANZ technology capital markets lead

Cristina Mascanzoni previously worked on a Zip equity raising and a cross-border sale.

Bank Mandiri profit grows 24.4% but NIM pressure persists: UOBKH

Net interest income and PPOP both weakened in Q2 compared to Q1.

Philippine lender MocaMoca hits 20 million users

The digital lending platform says it offers collateral free loans up to PHP50,000.

Citi hires three FX Options traders in Singapore

Eric Poon has been named director of the FX EM Options Asia trading team.

MAS and ABS form industry taskforce against AI cyberthreats

The taskforce brings together members from DBS, OCBC, UOB, NETS, and the SGX, amongst others.