Japan
SMBC Aviation Capital joins holding company acquiring Air Lease Corporation
SMBC Aviation Capital will have a 4.99% equity interest in the holding company.
Higher interest rates, fees lifts MUFG’s profitability
Earnings contribution from subsidiary banks will also support its profitability.
Indonesians can now pay with national standard QR in Japan
They can use QRIS to pay in Japanese merchants scanning the JPQR.
SMBC builds Africa presence with four new collaborations
It aims to support trade and investment, financing, and alleviate food shortages, it said.
SMBC invests in Novastar Ventures’ Africa fund
The fund’s budget for fiscal year 2025 is $340m.
Reward programs spur credit and charge cards usage in Japan
Credit card acceptance across merchants had also expanded in recent years.
Seven Bank enter talks on potential capital and business alliance with Itochu
Seven Bank operates more than 28,000 ATMs in Japan.
PayPay submits draft registration statement to publicly list in the US
The mobile payment service app makes use of QR codes and bar codes.
Japan Post Bank’s net income up 8.9% to JPY104.86b in Q1 FY2026/3
Net income per share is JPY29.29, according to its consolidated financial results.
Norinchukin Bank logs $395.49m profit in Q1 FY2025
This is a reversal from its JPY412.7b loss a year earlier.
MUFG’s profits down 1.8% to $3.71b in Q1 FY2025
Ordinary income declined 7.7% from a year earlier.
SMBC’s profits down 1.5% to $2.5b in Q1 FY3/2026
Net interest income rose, but net trading and other operating income declined.
Mizuho’s profits up 1.2% to $1.93b in Q1 FY2025
MFG has revised its full-year earnings outlook upward.
SMBC appoints Joy Kwek to lead capital markets & solutions in APAC
Kwek joins from Morgan Stanley.
Mizuho to acquire majority of Upsider’s shares for $309.8m
Upsider provides corporate credit card and invoice payment services.
MUFG and JICA establish sustainable finance framework
It will be applied by MUFG and four partner banks in Southeast Asia.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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