Asian Banking & Finance

Robo-advisors gain traction amongst younger Singaporeans
40% of respondents under 35 stated using robo-advisories.
Taiwanese banks’ loans to SMEs rose to $305b in April
The bad loans ratio rose slightly to 0.25% as of end-April.
Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2
Asset quality risks are expected to remain contained, Fitch Ratings said.
Thai banks grapple with slowing exports and weak consumer sentiment
Fitch has revised its loan growth estimates to 3% from 5% previously.
APAC emerging markets buck global remittance decline
China, India, and the Philippines remain “bright spots” for remittance activity, says Visa.
APAC banks grapple with rising commercial real estate risks
Office vacancies have jumped and CRE prices have dropped.
South Korea’s corporate financing dropped in May
Equity issues and IPO volumes plummeted during the month.
Balance of Taiwan’s cash card loans is $372.4b in April
There are 0.3 million cash cards recorded during the month.
Taiwanese credit card firms’ revolving credit up 2.05% in April
A total of 38.12 million credit cards were active in Taiwan as of end-April.
Credit Agricole names new chief representative officer for Indonesia
Alexis Rafiidson succeeds Xavier Roux, who is retiring.
Singapore and Cambodia launch financial transparency corridor for SME trade
Participating financial institutions include ANEXT Bank and Advanced Bank of Asia.
Overseas Filipinos’ personal remittances up 3.1% in April
Remittances from the US, Saudi Arabia, and Singapore all grew.
Ant International unveils microlending service bettr
It has partnered with Thailand’s AWC to start.
Hong Kong’s ZA Bank unveils stock rebate programme
Users can also collect a big-name US stock worth up to $77.77.
Mizuho and Lombard Odier ink sustainability alliance agreement
Lombard Odier will act as a strategic advisor and consulting partner to Mizuho.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Retail Banking ZA Bank’s Devon Sin on why Web3 is key to HK’s growth
The bank has expanded services to cater to stablecoin issuers and Web3 companies. 
CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
Cards & Payments KPay’s unified payment solutions platform propels SME growth
After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.
Maybank SG offers boost to charities with special rates, network opportunities
Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)
Indonesian banks all aboard in driving financial innovation
Asian Banking and Finance Forum brings together banking leaders with a shared vision.
Demand for digital payments growing in Indonesia
Two digital financial service leaders underscore collaboration over competition.

Top News

Robo-advisors gain traction amongst younger Singaporeans
40% of respondents under 35 stated using robo-advisories.
Taiwanese banks’ loans to SMEs rose to $305b in April
The bad loans ratio rose slightly to 0.25% as of end-April.
Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2
Asset quality risks are expected to remain contained, Fitch Ratings said.
Thai banks grapple with slowing exports and weak consumer sentiment
Fitch has revised its loan growth estimates to 3% from 5% previously.
APAC emerging markets buck global remittance decline
China, India, and the Philippines remain “bright spots” for remittance activity, says Visa.
APAC banks grapple with rising commercial real estate risks
Office vacancies have jumped and CRE prices have dropped.
South Korea’s corporate financing dropped in May
Equity issues and IPO volumes plummeted during the month.
Balance of Taiwan’s cash card loans is $372.4b in April
There are 0.3 million cash cards recorded during the month.
Taiwanese credit card firms’ revolving credit up 2.05% in April
A total of 38.12 million credit cards were active in Taiwan as of end-April.
Credit Agricole names new chief representative officer for Indonesia
Alexis Rafiidson succeeds Xavier Roux, who is retiring.
Singapore and Cambodia launch financial transparency corridor for SME trade
Participating financial institutions include ANEXT Bank and Advanced Bank of Asia.
Overseas Filipinos’ personal remittances up 3.1% in April
Remittances from the US, Saudi Arabia, and Singapore all grew.
Ant International unveils microlending service bettr
It has partnered with Thailand’s AWC to start.
Hong Kong’s ZA Bank unveils stock rebate programme
Users can also collect a big-name US stock worth up to $77.77.
Mizuho and Lombard Odier ink sustainability alliance agreement
Lombard Odier will act as a strategic advisor and consulting partner to Mizuho.

Exclusives

Retail Banking ZA Bank’s Devon Sin on why Web3 is key to HK’s growth
The bank has expanded services to cater to stablecoin issuers and Web3 companies. 
CIMB Niaga leads the way in captivating Indonesia’s youth
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
Cards & Payments KPay’s unified payment solutions platform propels SME growth
After expanding into Singapore, KPay aims to dominate APAC and serve over 1 million merchants.
BCA sets benchmark in Indonesia’s microfinance sector
Innovative approaches reflect the bank’s commitment to pushing financial inclusion and fostering economic growth.
Maybank SG offers boost to charities with special rates, network opportunities
Charities in the city may also avail of an interest-free grant of up to SG$150,000 (US$111,000)
Indonesian banks all aboard in driving financial innovation
Asian Banking and Finance Forum brings together banking leaders with a shared vision.
Demand for digital payments growing in Indonesia
Two digital financial service leaders underscore collaboration over competition.

Join the Asian Banking & Finance community