News
SWIFT rolls out new framework for retail payments
SWIFT rolls out new framework for retail payments
A group of 25 banks will go live with it by the end of June.
Shinhan seizes South Korea's top bank brand spot with $8.8b valuation
Nine SoKor bank brands are collectively valued at $31.8b, up 19%.
Societe Generale names Ken Tung as Asia head of its healthcare industry group
Tung will continue to serve as APAC head of financial sponsors coverage.
NAB says 3 in 4 home loan customers use offset accounts
Keeping money in an offset can cut around $74,000 in interest, the bank noted.
Emerging market banks’ loan growth hit 12% in H1 2025
Emerging market banks’ loan growth hit 12% in H1 2025
Taiwan SME loan book stable, impairment ratio anchored at 1.4%
Loans supported by 2.1% domestic demand growth, Fitch says.
SG banking brand value hits $33b as DBS cracks Global Top 20
Singapore ranked 9th globally in banking brand value, led by DBS’ 9% growth.
RHB Bank forecasted to see higher DPS and cost reduction
The bank has raised its cost reduction target to about $202m after exceeding its 2025 target.
MAS sets climate transition planning expectations for financial institutions
New guidance takes effect in 2027.
DBS Hong Kong improves SME digital account opening across 140 markets
It partnered with Know Your Customer for the AI automated solution.
CIMB’s FY2026 target achievable: CGSI
The bank expects an ROE of between 11% to 11.5%.
AEON Bank rolls out 11 types of Zakat payments in digital app
It worked with Tulus Digital to enable the payments.
Citi and DEG provides $76m loan to Shriram Finance for underserved lending
It will be used for MSMEs, EVs, food security, and women lending.
Mastercard runs first live agentic payment in Singapore with DBS, UOB
Ride booking used tokenised credentials.
BSP doubles cash withdrawal due diligence trigger to $17,000
It covers payouts, such as payrolls, loans, and project disbursements.
JCB to explore commercialisation of UWB payments
Smartphones with UWB functions are widely available in Japan, JCB said.
DBS China secures NAFMII underwriting licence for onshore bonds
DBS plans to attract more high-quality international issuers to issue Panda bonds.
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