Asian Banking & Finance

Tap & Go joins Hong Kong-Thailand cross border retail payment service
Hong Kong Tap & Go customers can now pay in Thailand locally with just their app.
Crypto-focused SEBA Bank rebrands to AMINA Bank
It recently clinched a license to offer regulated services in Hong Kong.
Maybank Singapore approves landmark US$100m green-linked Islamic loan
Maritime transportation services company AET will use it to reduce GHG emissions.
Japan’s SMFG names Toru Nakashima as CEO
Nakashima retired from SMBC in April 2022, but returned to the company in 2023.
SAP & SAP Fioneer's leadership shines: Transforming financial services with industry giants
SAP and SAP Fioneer's pivotal role in reshaping financial landscapes across the Asia Pacific was highlighted at the recent SAP & SAP Fioneer Financial Services Forum Asia Pacific.
Grab, Singtel-backed GXBank launches full operations in Malaysia
The digital bank intends to roll out its own debit card in the coming months.
Higher risk of defaults on the horizon for Thai banks
Household leverage has reached “unsustainable levels”, says S&P Global Ratings.
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.
Philippine banks to see higher credit demand but lower earnings in 2024
The bad loan ratio is expected to deteriorate, but it should be manageable.
OCBC enables customers to lock money in their accounts
Locked funds cannot be used for payments, investments, and ATM withdrawals.
Banks to see $1.68t of credit losses in 2024-2025
Banks globally are expected to lose $824b in credit losses in 2024.
APAC wealth management integration set to grow by 5% in 2027
^ "https://vimeo.com/889387448"
Rapid expansion in wealth and cross-border activities positions Asia-Pacific as a global leader in wealth management.
Public Bank net profit up 14.3% to $1.08b in 9M 2023
Total loans rose faster than the Malaysian banking industry average.
Financial advisor MoneyOwl given new life with proposed acquisition by Temasek Trust
It will no longer be shutting down its website and app.
South Korea interest rates for new deposits, loans rose in October: BOK
The interest rate for outstanding amounts of deposits and loans also rose.

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Exclusives

Exclusives

Bank DBS Indonesia avails fast, reliable and sustainable corporate banking
Its ESG-based bank financing, as reflected in sales and asset under management, proves to be an IDR1.8t (US$117m) success.
Banking Technology HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.
Financial Technology Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Digibank by DBS sets new digital banking standards
Apart from speed and convenience, DBS stays ahead with exceptional personalisation, open banking, and enhanced security.
Retail Banking Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
Markets Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.
Lending & Credit Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.

Top News

Tap & Go joins Hong Kong-Thailand cross border retail payment service
Hong Kong Tap & Go customers can now pay in Thailand locally with just their app.
Crypto-focused SEBA Bank rebrands to AMINA Bank
It recently clinched a license to offer regulated services in Hong Kong.
Maybank Singapore approves landmark US$100m green-linked Islamic loan
Maritime transportation services company AET will use it to reduce GHG emissions.
Japan’s SMFG names Toru Nakashima as CEO
Nakashima retired from SMBC in April 2022, but returned to the company in 2023.
SAP & SAP Fioneer's leadership shines: Transforming financial services with industry giants
SAP and SAP Fioneer's pivotal role in reshaping financial landscapes across the Asia Pacific was highlighted at the recent SAP & SAP Fioneer Financial Services Forum Asia Pacific.
Grab, Singtel-backed GXBank launches full operations in Malaysia
The digital bank intends to roll out its own debit card in the coming months.
Higher risk of defaults on the horizon for Thai banks
Household leverage has reached “unsustainable levels”, says S&P Global Ratings.
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.
Philippine banks to see higher credit demand but lower earnings in 2024
The bad loan ratio is expected to deteriorate, but it should be manageable.
OCBC enables customers to lock money in their accounts
Locked funds cannot be used for payments, investments, and ATM withdrawals.
Banks to see $1.68t of credit losses in 2024-2025
Banks globally are expected to lose $824b in credit losses in 2024.
APAC wealth management integration set to grow by 5% in 2027
^ "https://vimeo.com/889387448"
Rapid expansion in wealth and cross-border activities positions Asia-Pacific as a global leader in wealth management.
Public Bank net profit up 14.3% to $1.08b in 9M 2023
Total loans rose faster than the Malaysian banking industry average.
Financial advisor MoneyOwl given new life with proposed acquisition by Temasek Trust
It will no longer be shutting down its website and app.
South Korea interest rates for new deposits, loans rose in October: BOK
The interest rate for outstanding amounts of deposits and loans also rose.

Exclusives

Bank DBS Indonesia avails fast, reliable and sustainable corporate banking
Its ESG-based bank financing, as reflected in sales and asset under management, proves to be an IDR1.8t (US$117m) success.
Banking Technology HSBC SG's Tancy Tan on balancing risk and innovation in AI adoption
COO Tancy Tan says the bank currently runs over 100 use cases for generative AI.
Financial Technology Italy brings its strong suits to Singapore’s fintech expo
Italian trade executive says 9 firms at the Singapore Fintech Festival 2023 exemplify the diverse range of products and expertise Italy can bring to the table.
Digibank by DBS sets new digital banking standards
Apart from speed and convenience, DBS stays ahead with exceptional personalisation, open banking, and enhanced security.
Retail Banking Trust Bank sets the bar for digital banking in Asia Pacific
The digital bank targets to be Singapore's fourth largest retail bank, CEO Dwaipayan Sadhu said.
Markets Singapore to pilot use of wholesale CBCDs in 2024: Menon
MAS is also rolling out GPRNT.AI, an ESG data platform for financial institutions.
Lending & Credit Greenwashing in banking: real concern or overblown issue?
Reputational risks abound for those who drag their feet about sustainability or engage in greenwashing.

Join the Asian Banking & Finance community