Asian Banking & Finance

Hong Kong’s mortgage demand rose 36.8% in January
Loans for brand new and resale residential properties registered double-digit increases.
Hong Kong’s total loans, deposits fall in January
This reflects fund outflows from corporates, says the Hong Kong Monetary Authority.
RHB Bank net profit rise in 2023; net credit costs to rise in 2024
Net interest margin is expected to be “flattish” in 2024 at 1.9%.
South Korea’s interest rates for new deposits, loans fall in January
Average interest rate for new loans taken by large firms dropped 12 basis points.
Japan banks’ domestic assets at $9.4t in January
Banks hold an additional US$1.6t of assets in their overseas branches.
JCB offers 10% cashback to Skyliner ticket
Members with a JCB card issued outside of Japan can avail of the cashback.
South Koreans’ card spending up 32% to $19.22b in 2023: report
The number of Koreans who traveled overseas tripled in 2023.
Model risk management vital for banking innovation
^ "https://vimeo.com/917782743"
Ensuring effective decision-making and addressing new challenges like climate risk through robust model risk management.
Nature's decline threatens $10 trillion global GDP by 2050
^ "https://vimeo.com/917804783"
There is a critical impact of biodiversity loss on the economy and the opportunities in sustainable investing.
Digido has served 1 million customers
Over 3 in 4 of the loans disbursed in 2023 were from repeat customers.
CIMB net profit up 28.3% in 2024; special dividend proposed
The 7 sen special dividend is separate from the annual dividend of 36 sen per share.
Tiger Brokers introduces debit card that gives fractional shares as rewards
It can be added to Apple Pay or Google Pay wallets for contactless payments. 
Indonesia’s Islamic financing to expand by 10% -12% in 2024: deputy gov
Indonesia’s sharia economy and finance maintained positive growth in 2023. 
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Financial Technology How HomePay is combating renovation scams in Singapore
Money is put in an escrow account and disbursed when milestones are reached.
Retail Banking UBC Chairman Nirvana Chaudhary aims for Top 5 spot in Sri Lanka’s banking sector
He says collaborations are key to driving the Union Bank of Colombo to the top.
Bank Tabungan Negara (BTN) to boost Shariah home ownership loans
As of November 2023, BTN Syariah’s assets have reached IDR 49 trillion.
Banking Technology Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance
Organisations must realize that not everything is black and white and adjust accordingly.
Banking Technology Mastercard on why biometrics is the future of secure payments
Today it’s a finger tap, tomorrow you may only need your face to pay, says Mastercard’s Karthik Ramanathan.
Banking Technology Traditional finance and crypto can work hand-in-hand, says DigiFT CEO
DigiFTs CEO Henry Zhang advocates growth through collaborative innovation, risk management, and regulatory compliance in finance.
How OCBC’s blockchain expertise is powering Singapore’s digital currency ambitions
OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.

Top News

Hong Kong’s mortgage demand rose 36.8% in January
Loans for brand new and resale residential properties registered double-digit increases.
Hong Kong’s total loans, deposits fall in January
This reflects fund outflows from corporates, says the Hong Kong Monetary Authority.
RHB Bank net profit rise in 2023; net credit costs to rise in 2024
Net interest margin is expected to be “flattish” in 2024 at 1.9%.
South Korea’s interest rates for new deposits, loans fall in January
Average interest rate for new loans taken by large firms dropped 12 basis points.
Japan banks’ domestic assets at $9.4t in January
Banks hold an additional US$1.6t of assets in their overseas branches.
JCB offers 10% cashback to Skyliner ticket
Members with a JCB card issued outside of Japan can avail of the cashback.
South Koreans’ card spending up 32% to $19.22b in 2023: report
The number of Koreans who traveled overseas tripled in 2023.
Model risk management vital for banking innovation
^ "https://vimeo.com/917782743"
Ensuring effective decision-making and addressing new challenges like climate risk through robust model risk management.
Nature's decline threatens $10 trillion global GDP by 2050
^ "https://vimeo.com/917804783"
There is a critical impact of biodiversity loss on the economy and the opportunities in sustainable investing.
Digido has served 1 million customers
Over 3 in 4 of the loans disbursed in 2023 were from repeat customers.
CIMB net profit up 28.3% in 2024; special dividend proposed
The 7 sen special dividend is separate from the annual dividend of 36 sen per share.
Tiger Brokers introduces debit card that gives fractional shares as rewards
It can be added to Apple Pay or Google Pay wallets for contactless payments. 
Indonesia’s Islamic financing to expand by 10% -12% in 2024: deputy gov
Indonesia’s sharia economy and finance maintained positive growth in 2023. 
Malaysia, Cambodia float plans to link domestic payment systems
They are also aiming to eventually enable cross-border QR payments between the two countries.

Exclusives

Financial Technology How HomePay is combating renovation scams in Singapore
Money is put in an escrow account and disbursed when milestones are reached.
Retail Banking UBC Chairman Nirvana Chaudhary aims for Top 5 spot in Sri Lanka’s banking sector
He says collaborations are key to driving the Union Bank of Colombo to the top.
Bank Tabungan Negara (BTN) to boost Shariah home ownership loans
As of November 2023, BTN Syariah’s assets have reached IDR 49 trillion.
Banking Technology Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance
Organisations must realize that not everything is black and white and adjust accordingly.
Banking Technology Mastercard on why biometrics is the future of secure payments
Today it’s a finger tap, tomorrow you may only need your face to pay, says Mastercard’s Karthik Ramanathan.
Banking Technology Traditional finance and crypto can work hand-in-hand, says DigiFT CEO
DigiFTs CEO Henry Zhang advocates growth through collaborative innovation, risk management, and regulatory compliance in finance.
How OCBC’s blockchain expertise is powering Singapore’s digital currency ambitions
OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.

Join the Asian Banking & Finance community