News
Korea’s outstanding deposit rate fell in December whilst loan rates climbed
Korea’s outstanding deposit rate fell in December whilst loan rates climbed
Rates for new deposits rose during the month.
South Korea rewrites bank loan-deposit rules to push regional lending
Regulators plan to upgrade rules and provide incentives to improve regional banks’ competitiveness.
UnionPay links 25 foreign wallets to Weixin Pay as China QR use surges
Global travellers can use domestic cards on Weixin Pay QR network
Motilal Oswal profit skyrockets 65% on record operating surge
The India financial services company saw asset and private wealth growth.
HitPay enables SG merchants to accept overseas QR payments
SG merchants can now accept regional e-wallets through a single code
Dah Sing Bank launches multi-currency debit card for SMEs
It enables overseas payments across 11 currencies with no foreign currency transaction fees.
Fintech Fingular secures $10m credit line for Malaysia expansion
The funding will also be used to strengthen operational capacity.
Security Bank names new wealth segment head
The Philippine bank also announced the retirement of EVP Gina Go.
RCBC names AREIT CEO as independent director
Independent director Erika Fille Legara has been named to the advisory board.
OCBC opens client stocks to institutional borrowers via Citi platform
The securities lending market generated $1.2b of revenue in December 2025 alone.
Hang Seng Bank delists from Hong Kong Stock Exchange
Registered shareholders to receive payment via bank transfer or cheque.
WeLab Bank kills FX fees with multi-currency debit card
The new Mastercard allows spending in 11 currencies at "at-cost" prices.
BPS Financial fined $9.67m over Qoin Wallet crypto promotion
It is also hit with a 10-year ban for making unlicensed services.
China Bohai Bank faces high asset risk from retail and investment loans
Its NPL ratio rose 5 basis points in June 2025 compared to six months prior.
Kiatnakin Phatra Bank's profit jumps 26.1% but loan book shrinks in Q4 2025
Its net profit of $190.06m is 18.6% higher compared to a year earlier.
Indonesia's Artajasa ties up with Ant International on cross-border payments
Artajasa connects over 80,000 ATMs and 41 million merchants in Indonesia.
India’s ESAF Small Finance Bank modernises onboarding and lending
It expects to optimise IT costs and see lower licensing costs.
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