Asian Banking & Finance
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It’s the most wonderful time of the year!
We’re taking the time off and will be back on 6 January 2024.
1 day ago
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth
4 days ago
Philippine banks’ costs to rise; Singapore lenders face slower profit growth
Philippine banks’ costs to rise; Singapore lenders face slower profit growth
Singapore banks’ net interest margins have already peaked in 2024.
4 days ago
What's in store for payments in 2025?
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
4 days ago
NRIC numbers alone cannot initiate payments, fund transfers: ABS
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
4 days ago
Slower credit growth on the horizon for Cambodian lenders
Slower credit growth on the horizon for Cambodian lenders
Earlier covenant breaches will continue to be a problem for some of the banks.
4 days ago
Bangladeshi banks’ weak profitability to continue in 2025: analyst
Bangladeshi banks’ weak profitability to continue in 2025: analyst
Asset quality will be challenged by weak lending standards and foreclosure laws.
4 days ago
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Google Cloud’s data encryption will help safeguard the bank’s AI models.
4 days ago
GoTyme Bank reaches 5 million users in 2024
GoTyme Bank reaches 5 million users in 2024
The bank is aiming to reach 9 million customers by end-2025.
4 days ago
Banks may be ill-equipped for demands of real-time payments
Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
5 days ago
Fitch forecasts growth in Philippine Islamic finance sector
Fitch forecasts growth in Philippine Islamic finance sector
The government plans to incorporate sukuk in its 2025 financing mix.
5 days ago
JCB expands contactless payment services to New Jersey public transportation
JCB expands contactless payment services to New Jersey public transportation
The service will be available on contactless bus and light rail validators.
5 days ago
Singapore bankers to see up to 30% pay rise in 2025
Singapore bankers to see up to 30% pay rise in 2025
But overall hiring trend remains cautious with employers opting for replacement hiring.
5 days ago
Financial services professionals more optimistic about bonuses in 2025: report
Financial services professionals more optimistic about bonuses in 2025: report
The largest expected bonus increases are projected for professionals in private credit.
5 days ago
Hong Kong bankers to see 15% to 20% salary hikes next year
Hong Kong bankers to see 15% to 20% salary hikes next year
But middle and back-office recruitment is expected to focus on replacing existing roles.
5 days ago
167 financial services firms adopt AI initiatives: report
167 financial services firms adopt AI initiatives: report
Nearly 80% financial services companies have launched at least one AI initiative.
5 days ago
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Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
5 days ago
Event News
ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.