Asian Banking & Finance

Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
Alipay+ and Thai tourism body launch D-Hub program for Chinese tourists
Over 2.35 million Chinese tourists visited Thailand in January to April 2024.
DBS Hong Kong, Sun Hung Kai subsidiary unveil green payments
The supplier payment services are for Hong Kong’s construction industry.
Mizuho’s net income climbs 22% to $4.39b in FY2023
An annual dividend of JPY105 per share has been announced.
SGX FX onboard Rand Merchant Bank on buyside platform
RMB will offer liquidity services to the OTC FX buyside platform.
Low carbon push adds $8.4b addt'l revenue for APAC banks
Between 2031 to 2050, APAC banks will likely 
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
APAC leads global surge in digital wallet adoption
^ "https://vimeo.com/946081196"
Digital wallets in Asia-Pacific outpace global usage, driven by ecosystem integration, financial inclusion, and technological innovation.
Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK
The two will make business models enabling operators to clinch EV funding.
India’s central bank names new executive director
Shri R. Lakshmi Kanth Rao was previously a head at the department of regulation.
Chinese banks’ net profits down 0.81% in Q1
Fees contracted for the first time in 5 years a quarter earlier.
Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
Sumitomo Mitsui Card offers 1.98% merchant fees to SMEs
SMEs in Osaka will also be able to avail of an android terminal for free.
South Korea warns against loan scams using voice phishing
Such scams are expected to rise with banks’ launching assistance programs.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Lending & Credit Why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.
Banking Technology Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Cards & Payments How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.
Cards & Payments Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Banking Technology Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Investment Banking Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Retail Banking Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

Top News

Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
Alipay+ and Thai tourism body launch D-Hub program for Chinese tourists
Over 2.35 million Chinese tourists visited Thailand in January to April 2024.
DBS Hong Kong, Sun Hung Kai subsidiary unveil green payments
The supplier payment services are for Hong Kong’s construction industry.
Mizuho’s net income climbs 22% to $4.39b in FY2023
An annual dividend of JPY105 per share has been announced.
SGX FX onboard Rand Merchant Bank on buyside platform
RMB will offer liquidity services to the OTC FX buyside platform.
Low carbon push adds $8.4b addt'l revenue for APAC banks
Between 2031 to 2050, APAC banks will likely 
Only 60% of financial firms have cyber risk plans
The survey also revealed the top 10 business risks institutions are facing.
UOB appoints Mark Tan as head of internal audit in Hong Kong
Tan will oversee all audit functions for UOB Hong Kong.
APAC leads global surge in digital wallet adoption
^ "https://vimeo.com/946081196"
Digital wallets in Asia-Pacific outpace global usage, driven by ecosystem integration, financial inclusion, and technological innovation.
Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK
The two will make business models enabling operators to clinch EV funding.
India’s central bank names new executive director
Shri R. Lakshmi Kanth Rao was previously a head at the department of regulation.
Chinese banks’ net profits down 0.81% in Q1
Fees contracted for the first time in 5 years a quarter earlier.
Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
Sumitomo Mitsui Card offers 1.98% merchant fees to SMEs
SMEs in Osaka will also be able to avail of an android terminal for free.
South Korea warns against loan scams using voice phishing
Such scams are expected to rise with banks’ launching assistance programs.

Exclusives

Lending & Credit Why banks need fintechs to buoy loan growth
Loan demand has doubled in Singapore, and fintechs can help onboard quality clients.
Banking Technology Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Cards & Payments How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.
Cards & Payments Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Banking Technology Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Investment Banking Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
Retail Banking Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.

Join the Asian Banking & Finance community