Asian Banking & Finance
Top News
Indonesian banks reap returns from IT investments
Bank Mandiri’s digital fee income grew by double digits.
1 day ago
GXS Bank names Pei-Si Lai as group CEO
GXS Bank names Pei-Si Lai as group CEO
Incumbent CEO Muthukrishnan Ramaswami will become a senior advisor to the GXS Group.
19 minutes ago
Banks feel pressure from private credit
Banks feel pressure from private credit
Nonbank lenders are now providing capital even to low-risk corporate clients.
1 hour ago
Taiwan’s domestic banks extended $1.42b SME loans in March
Taiwan’s domestic banks extended $1.42b SME loans in March
NPL ratio rose 0.02 percentage points to 0.25%.
4 hours ago
Australia cancels licence of Queensland’s Thistle Financial Group
Australia cancels licence of Queensland’s Thistle Financial Group
It has reportedly ceased to carry on a financial services business.
4 hours ago
Credit Saison India secures $150m funding from Japan’s Mizuho Bank
Credit Saison India secures $150m funding from Japan’s Mizuho Bank
Mizuho Bank had earlier made an equity investment for a 15% stake in the company.
4 hours ago
TMBThanachart Bank’s net profit down 5.17% to $152.7m in Q1
TMBThanachart Bank’s net profit down 5.17% to $152.7m in Q1
Earnings per share is THB0.05 for the period.
4 hours ago
Taiwan’s credit card balance rise in March
Taiwan’s credit card balance rise in March
Undue balance of installment was approximately NT$167.5b for the period.
5 hours ago
China remains committed to supporting megabanks: analyst
China remains committed to supporting megabanks: analyst
The megabanks are expected to expand lending to support “national priorities.”
5 hours ago
Australia sues Macquarie Securities for alleged misreported short sales
Australia sues Macquarie Securities for alleged misreported short sales
This is the fourth regulatory action ASIC had taken against Macquarie in the past year.
6 hours ago
Vietnam’s finance sector faces digitalisation challenges despite eased regulation
Vietnam’s finance sector faces digitalisation challenges despite eased regulation
Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
23 hours ago
Weekly Global News Wrap: Citi faces $1b Oceanografia lawsuit; Unicaja denies Sabadell merger rumors
Weekly Global News Wrap: Citi faces $1b Oceanografia lawsuit; Unicaja denies Sabadell merger rumors
And Commerzbank is gearing up to execute its strategy as a standalone bank.
23 hours ago
Macquarie Group to handle earnings drop following business sales to Nomura
Macquarie Group to handle earnings drop following business sales to Nomura
Businesses in other markets should offset a drop in earnings in some businesses.
1 day ago
Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC
Mizuho joins initiative to promote sustainable aviation fuel adoption in APAC
It is the only Japanese company amongst founding members.
1 day ago
Hang Seng Bank launches cross-boundary wealth centre at Central branch
Hang Seng Bank launches cross-boundary wealth centre at Central branch
The Hong Kong-based bank has seen an 80% rise in new account openings for retail mainland customers.
1 day ago
UOB maintains profitability despite possible slower loan growth
UOB maintains profitability despite possible slower loan growth
Management sees demand for hedging, particularly for foreign exchange.
1 day ago
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Exclusives
Lending & Credit
Malaysia’s development banks told to plug lending gap for MSMEs
Productive sectors need more capital to stimulate the slowing economy.
5 days ago
Event News
Investment Banking
Banks feel pressure from private credit
Nonbank lenders are now providing capital even to low-risk corporate clients.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth