News

The four banks’ net interest margins are expected to improve in H2 2025.

Ant International, alongside e-wallets and payment firms in Asia, have launched the Digital Wallet Guardian Partnership with the goal of strengthening protection of global wallet payments.

Michael Peric and Trevor Vail have been tasked to temporarily lead the markets business.

The agreements are valid between three to five years.

It expects a restructuring charge of $560m before tax in H2 2025.

It proposes changes for open market operations, such as reducing the max tenor.

The two will jointly offer cash management services to Chinese foreign trade enterprises.

The NPL ratio rose by 0.01 percentage points

They aim to facilitate mutual assistance and information sharing, amongst others.

Transactions included are transfers to other SCB accounts, accounts to other banks, etc.

Victor Lee Meng Teck has resigned and will be on “gardening leave.”

It is part of the bank’s efforts to foster a greener and more sustainable future.

It is investing in advanced algorithm capabilities and direct API integration.

Alvaro will oversee the bank’s GBIS business.

Both the central bank and local SEC have granted approval for the corporate name change.

Raja has held leadership roles in Ubank for the past four years.