News

Corporate demand to drive ICICI Bank's 16% loan CAGR

The bank does not face additional stress from the Middle East conflict or the ECL transition.
1 day ago

TenPay Global lets foreigners send remittances to China via WeChat

TenPay’s cross-border remittance platform has over 60 partners globally.
1 day ago

DBS Remit adds Weixin Pay as transactions surge eightfold

Average ticket sizes have grown to over S$800 since February.
1 day ago

SMFG targets $5b in sales and trading revenue: report

Arihiro Nagata conservatively estimates that it would take six years to do so.
2 days ago

Japan’s megabanks stockpile $5.48b in provisions despite record earnings

MUFG tripled its loan-loss provisions whilst Mizuho’s more than doubled.
2 days ago

Norinchukin swings to $758.8m profit in FY2025

It expects to earn between $312m to $625m in FY2026.
2 days ago

Citi, India review push to accelerate solar, hydrogen growth

Citi CEO Jane Fraser met Indian PM Narendra Modi ahead of the bank’s 125th year in India in 2027.
2 days ago

BPI channels down on June 6 for Robinsons Bank integration

VIBE will be accessible to pay bills, buy loads, and redeem rewards, BPI said.
3 days ago

Hong Kong mortgages drop to HK$36.5b in April after Q4 2025 recovery

Mortgage competition was said to have intensified in the Q1 period.
3 days ago

DBS rolls out ‘tap-to-phone’ payments at MAX app

Stall merchants will be able to activate the service in three steps, the bank said.
3 days ago

Australian renovation loans surge 16% as fuel price spike threaten costs

Homeowners are advised to lock prices early and build a budget buffer.
3 days ago

UnionPay and STB renew 3-year deal to boost Singapore tourism spending

They will partner with banks, luxury travel platforms, and tourism stakeholders.
3 days ago

Mastercard contactless payments land on Hong Kong's Airport Express

The company first rolled out contactless card payments in MTR in 2023.
3 days ago

Singapore's private banker crunch clouds $4.22t cross-border wealth boom

Billionaire wealth jumped 66.4%, lifting the market past Australia. 
4 days ago