News
Gov’t ties to buoy Korea Development Bank's capitalisation
Problem loans are expected to rise, however.
6 days ago
Gov’t ties to buoy Korea Development Bank's capitalisation
Problem loans are expected to rise, however.
6 days ago
DBS Indonesia enhances payment solutions with digital tech
Digital initiatives drive transaction efficiency and bolster security measures.
CIMB Thai on track for 12% wealth segment growth in 2024
Bonds and technology drive expansion in a challenging economic climate.
Taiwan banks’ SME loans rise to $303.6b in March
The NPL ratio remained at 0.24%.
No contagion risk for Vietnam banks from billionaire corruption scandal
But it exposed structural weaknesses in Vietnam’s banking and financial industry.
UOB grants 30,400 shares to eligible non-executive directors
The share awards are part of the directors’ remuneration for 2023.
Taiwan e-payments rose to $475.4m in Q1
A total of 1.897 billion non-cash payment transactions have been recorded.
Taiwan cards' revolving credit rise to NT$107.3b in March
There are over 37 million active credit cards on the island.
OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76
Higher wealth management and insurance income pushed up fee income.
Chart of the WeekL 1 in 2 e-commerce purchases in New Zealand use payment cards
Cash accounted for just 3% of all e-commerce payments.
Taiwan’s domestic banks extended $1.23t in loans as of end-March
The average bad loans ratio is 0.16%.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
PH banks’ total assets expanded 9.2% to $439.3b in 2023
Both lending and investing activity grew during the period.
CIMB Thai’s de-risking and cost optimisation pays off
Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.
TMT investment banking activity in APAC slated for growth in H2: Citi
Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.
Citi combines in Japan, North Asia, and Australia clusters
This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.
APAC Islamic banks continue upward trajectory with lift from new players
The launch of new Islamic players will improve access to financial services, says S&P.
Commentary
Generative AI’s role in the evolution of banking