Asian Banking & Finance

How commercial cards can redefine B2B payments
Over 8 in 10 bank execs believe that virtual cards improve organizational processes.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Singapore Gulf Bank names ex-Goldman Sachs banker as CFO
Separately, SGB’s new COO joins from GIC and Sygnum.
IDFC First Bank, ICICI banking platforms rated best in India: Forrester
IDFC is the top-rated platform overall whilst ICICI was best in overall experience.
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
Mizuho purchases non-voting minority stake in Golub Capital
Mizuho’s stake represents less than 5% in Golub Capital’s management companies.
Lending by PH banks’ foreign currency deposit units declined 2.7% in Q2
Top sectors who took out loans are merchandise and service exporters, and power companies.
ANZ joins Singapore’s Project Guardian
The bank will explore blockchain interoperability to exchange tokenised real-world assets.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Maybank Singapore names Datuk Yee Yang Chien as board chairman
He was with MISC Berhad for 20 years and has served as its president/ CEO.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
ZA narrows net loss, sees 46% net revenue rise in H1 
Total assets and net interest margin grew during the first half of 2024.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Lending & Credit China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
Banking Technology Technology to underpin future of financial services
Banks should boost their online infrastructure as digital assets become the norm.
Cards & Payments Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Banking Technology Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Banking Technology Tokenization of trade assets to bridge financing gap
Blockchain technology could decentralize finance operations and allow easier credit access.
Lending & Credit BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.
Cards & Payments Why UNOBank champions embedded finance for growth in the Philippines
The unified banking interface is both a growth strategy and a financial inclusion effort for UnoBank. 

Top News

How commercial cards can redefine B2B payments
Over 8 in 10 bank execs believe that virtual cards improve organizational processes.
Bank of East Asia, UDPN test stablecoin transfers via digital currency wallets
BEA was able to gain insights on CBDCs and the mechanism of stablecoins.
Singapore Gulf Bank names ex-Goldman Sachs banker as CFO
Separately, SGB’s new COO joins from GIC and Sygnum.
IDFC First Bank, ICICI banking platforms rated best in India: Forrester
IDFC is the top-rated platform overall whilst ICICI was best in overall experience.
SCB sells food delivery platform Robinhood for over $61.3m
The buyers, led by Yip In Tsoi Group, will make an initial payment of $12.27m.
Mizuho purchases non-voting minority stake in Golub Capital
Mizuho’s stake represents less than 5% in Golub Capital’s management companies.
Lending by PH banks’ foreign currency deposit units declined 2.7% in Q2
Top sectors who took out loans are merchandise and service exporters, and power companies.
ANZ joins Singapore’s Project Guardian
The bank will explore blockchain interoperability to exchange tokenised real-world assets.
Cyber scams prompt behaviour change in 61% of users
Chubb says insurance can play a key role in digital payments.
Maybank Singapore names Datuk Yee Yang Chien as board chairman
He was with MISC Berhad for 20 years and has served as its president/ CEO.
Hong Kong deposits see modest growth in August, up 1.1% YoY
Year-to-date, total deposits have grown by 5.0%.
APRA revokes two banking licences
At the time of revocation, the bank had not launched any products.
ZA narrows net loss, sees 46% net revenue rise in H1 
Total assets and net interest margin grew during the first half of 2024.

Exclusives

Lending & Credit China push to stimulate consumption may need more time
For banks, the lower mortgage rates could hurt profits in the short term.
Banking Technology Technology to underpin future of financial services
Banks should boost their online infrastructure as digital assets become the norm.
Cards & Payments Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Banking Technology Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Banking Technology Tokenization of trade assets to bridge financing gap
Blockchain technology could decentralize finance operations and allow easier credit access.
Lending & Credit BCA walks the talk on sustainable finance
The Indonesian bank considers the environment and governance in its lending decisions.
Cards & Payments Why UNOBank champions embedded finance for growth in the Philippines
The unified banking interface is both a growth strategy and a financial inclusion effort for UnoBank. 

Join the Asian Banking & Finance community