Asian Banking & Finance
Top News
Ageing Aussies may lead to more reverse mortgages
Older borrowers can retain their homes whilst getting equity, according to a bank.
1 hour ago
Structured finance sector in Australia, New Zealand poised for ‘strong’ year
Structured finance sector in Australia, New Zealand poised for ‘strong’ year
Resilient household sector and low unemployment will support the sector.
1 hour ago
MUFG secures 46.08 million shares of WealthNavi, will proceed with purchase
MUFG secures 46.08 million shares of WealthNavi, will proceed with purchase
It closed the tender offer on 20 January 2025.
1 hour ago
SCBX net profit inch up 1% YoY to $1.29b in 2024
SCBX net profit inch up 1% YoY to $1.29b in 2024
Interest income is higher, but fee and investment/trading income are lower.
1 hour ago
India allows foreigners living overseas to open rupee accounts
India allows foreigners living overseas to open rupee accounts
This is provided they use the accounts for transactions with a resident of India.
1 hour ago
Vietnam transfers struggling banks' ownership to VPBank, HDBank
Vietnam transfers struggling banks' ownership to VPBank, HDBank
VPBank and HDBank now own GPBank and DongABank, respectively.
2 hours ago
Cambodia, Visa launch Bakong tourist app
Cambodia, Visa launch Bakong tourist app
Tourists can use the app to pay at 4.5 million merchants in Cambodia.
2 hours ago
RBI names 15 NBFCs to upper layer
RBI names 15 NBFCs to upper layer
They are subject to enhanced regulatory requirements for a 5-year period.
2 hours ago
India names new advisory committee members for bank applications
India names new advisory committee members for bank applications
RBI former deputy governor Shri M. K. Jain will serve as chairperson.
2 hours ago
HKMA, AMCM unveil direct linkage for cross-border bond investment
HKMA, AMCM unveil direct linkage for cross-border bond investment
This initiative aims to promote the development of bond markets in both regions.
6 hours ago
Maybank Islamic to transform digital banking services
Maybank Islamic to transform digital banking services
It has partnered with audax to deliver digital banking solutions built on AWS.
20 hours ago
Chinabank’s head office now powered by renewable energy
Chinabank’s head office now powered by renewable energy
The shift to RE in two facilities reduces the bank’s indirect GG emissions by almost 20%
21 hours ago
SeABank exceeds target with 31% YoY profit surge
SeABank exceeds target with 31% YoY profit surge
The bank aims to record a 10% profit increase this year.
1 day ago
Barclays enhances APAC equities team with new head
Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion
Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion
The bank will distribute PJICO’s non-life insurance products.
1 day ago
Financial firms plan cautious 2025 pay raises
Financial firms plan cautious 2025 pay raises
Region-wide, planned budget increases averaged 5.2%.
1 day ago
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Banking Technology
GCash eyes easier payment checking for SMEs
The Philippines’ biggest fintech platform is targeting the retail sector.
6 days ago
Financial Technology
South African fintechs look to Hong Kong for funding
![South African fintechs look to Hong Kong for funding]()
Tax perks and access to Africa await foreign investors.
Banking Technology
Banks may be ill-equipped for demands of real-time payments
![Banks may be ill-equipped for demands of real-time payments]()
Stronger fraud prevention and anti-money laundering measures are needed.
Citibank expects increased funding for Indonesia’s infra, energy sectors
![Citibank expects increased funding for Indonesia’s infra, energy sectors]()
President Prabowo’s infrastructure projects present opportunities for investors and banks.
Banking Technology
Hong Leong Bank reimagines branches for digital era
![Hong Leong Bank reimagines branches for digital era]()
The lender sees itself as a digital bank with a physical presence.
Banking Technology
Singapore needs layered strategy against fraud
![Singapore needs layered strategy against fraud]()
Scam and cybercrime cases in the city-state rose 18% to 28,751 in the first half.
Banking Technology
OCBC to triple quantum workforce to boost security
![OCBC to triple quantum workforce to boost security]()
The Singapore bank expects significant tech advancements in the next five to 10 years.
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Embracing Change and Capturing Opportunities with Insights from Leading Chinese Banks