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.

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.

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.