News

BPI net income dips to $532.8m in H1 2026

BPI net income dips to $532.8m in H1 2026

It increased provisions by 84%, whilst operating expense are 13.8% higher.
5 minutes ago

Visa refreshes Visa Infinite offering with new tiers

 The top tier is invitation-only with an enhanced airport fast track access.
42 minutes ago

CIMB Islamic to launch no annual fee credit card in October

CIMB Lite-i will have a profit rate of 14% per annum across all tiers.
1 hour ago

Krungsri rolls out loan for SMEs' larger investments

They can get up to $4.47m with a special interest rate of 3.5% for the first two years.
1 hour ago

Think tank urges Japan to ditch market neutrality to fight greenwashing

Japan’s central bank should establish a green collateral framework and revise its green investment directions, it said.
1 day ago

BSP unveils AI rules for Philippine banks and vendors

It aims to guide FIs developing their own AI governance and risk management frameworks.
1 day ago

Vietnam’s NCB launches VietQR Global for Asian tourist payments

It supports payments from China’s Alipay and UnionPay and four other markets.
1 day ago

Hyundai Card launches Alphabet Card as a standalone brand

It is a spin-off of its lifestyle credit card brand first launched in 2004.
1 day ago

JCB and Circle to test stablecoins for treasury and merchant payments

They will work on a proof of concept using the USDC.
2 days ago

Trust Bank brings UK UCITS ETFs to Singapore investors

Commission is 0.05% (minimum US$4) per trade.
2 days ago

SeABank secures $50m OPEC Fund loan for MSMEs and climate financing

The bank will also use the funding for investments in energy efficiency, it said.
2 days ago

Schroders Wealth names Peter Flavel as Asia chair

Flavel was chief executive of Coutts and was CEO of J.P. Morgan Private Wealth in Asia.
2 days ago

Atome Philippines secures $81.1m loan from AUB to expand PayLater card

Customers use the card for groceries, food, household items, and bills, the company said.
3 days ago

South Korean SME lending slumps as bad loan write-offs slash June growth

Bank lending to large corporations rose slower in June, central bank data showed.
3 days ago

Mortgage demand lifts Korea’s household loans by $5.05b in June

Unsecured loans rose, whilst leasehold deposit loans declined.
3 days ago

ANZ customers spend $4.8b during FIFA World Cup on food and apparel

Spending rose for takeaway food, sporting apparel, bars, and hotels.
3 days ago