News
Aussie business-loan provider Bizcap officially launches Singapore operations
Aussie business-loan provider Bizcap officially launches Singapore operations
Bizcap will provide loans to small and medium enterprises of between $5,000 to $500,000.
GXS Bank launches preferential rates for homeowners under Reno Club
Customers can access exclusive deals from Grab, Singtel, and other partners.
AXA launches digital insurance with Ant Bank, AlipayHK tie-up
It will use AXA’s portfolio and Ant Bank and AlipayHK’s “E-wallet X Digital Bank”.
Cambodia joins ASEAN RPC initiative to boost payment links
RPC was launched in 2022 by central banks of Singapore, Indonesia, Malaysia, and more.
Standard Chartered names David Hardoon as global head of AI enablement
Hardoon reportedly helped develop the Singapore central bank’s AI strategy.
JuanHand drives embedded lending with e-commerce tie-ups
The lending app only requires an ID, a smartphone, and an internet connection.
APAC developed market banks to see limited loan growth, NIM pressures
Hong Kong is expected to see even slower loan growth than other DM markets.
Chinese banks face $341b annual credit losses from tariff strains
Banks’ nonperforming assets are expected to peak at 5.9% in 2026.
APAC emerging market banks to enjoy double digit credit growth: report
China and Thailand will feel the most pressure, especially Chinese banks’ margins.
1 in 3 Indonesians blame banks for scam losses: study
Indonesians generally do not expect refunds but do expect protection, FICO found.
Security Bank enhances eKYC process in digital app
It has included enhanced fraud detection capabilities, including deepfake prevention.
Softening property demand could push up Taiwan’s bad loans
Potential losses could be absorbed by the banks’ core earnings, S&P said.
Krungthai Bank links Thaoil’s FX hedging transactions to ESG
Thaioil can get discounts if it successfully meets its ESG goals.
Mizuho Financial Group launches universal bank in Europe
Mizuho Bank Europe merged banking and securities services of two subsidiaries.
Azimut Group appoints Jackson Ng as regional head of fintech, Asia
Ng is currently COO and CTO of Azimut Singapore.
DBS rolls out new benefits under its Heartland Merchant Banking Package
Merchants can save up to S$1,880 through waivers and cashbacks.
Vietnam’s LPBank to see asset quality pressures as it expands its retail loans
But stable capitalisation and improved profitability should provide a buffer, says Moody’s.
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