News
PAObank secures insurance agency licence
PAObank secures insurance agency licence
It also inked a deal with China Ping An Insurance and FWD Hong Kong.
24 minutes ago
Prudential, StanChart cement 25 years of bancassurance tie-up
They have the longest-running bancassurance partnership in Singapore and Asia.
4 hours ago
CommBank adds extra confirmation step for NetBank logins
Customers using the CommBank app will be prompted for confirmation.
22 hours ago
Indonesia and Australia renew $6.2b bilateral currency swap agreement
It will last for 5 years.
22 hours ago
Vietnamese banks may see up to 16% credit growth over next two years
Demand will come from the manufacturing, construction, and real estate sectors.
23 hours ago
Airwallex to acquire Viet IPS provider CTIN Pay
Airwallex plans to aid merchants in their overseas expansion.
23 hours ago
Bank of East Asia officially opens Global Services Centre
It is an IT Development & Test Centre for fintech solutions and AI adoption.
23 hours ago
Crédit Agricole CIB names new APAC head of int’l trade & transaction banking
Christophe Crétot is most recently head of corporate & leverage finance APAC.
23 hours ago
BDO Unibank’s net income up 12% to PHP82b on service businesses’ growth
NPL ratio is 1.83% and coverage is 145%.
23 hours ago
Singapore banks face margin squeeze despite strong results: Moody’s
Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth.
1 day ago
Security Bank’s net income up 23% to $194m on higher interest income
Interest income rose 27.9% in 2024.
1 day ago
Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand
Credit offtake of public banks outpaced private banks.
1 day ago
Malaysian banks’ impaired loans rose in January
Loan loss coverage ratio dipped to 128.6% from 129% previously.
1 day ago
Japan, India renew bilateral swap agreement
The size of the BSA remains unchanged at $75b.
1 day ago
Wise unveils international business payment account in Hong Kong
It has no minimum balance requirement and no monthly subscription fees.
1 day ago
Endowus revamps HK advisory and investment leadership
Four new key appointments have been made.
1 day ago
Chinese banks’ DeepSeek adoption brings risk management challenges
DeepSeek’s lower cost will widen gen AI access in the banking sector, S&P said.
1 day ago
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1. Fubon Bank to benefit from UOB’s China retail banking exit: S&P 2. Singapore banks recalibrate ASEAN strategies 3. Singapore banks face margin squeeze despite strong results: Moody’s 4. Cake Digital Bank breaks even by meeting small needs 5. Wise unveils international business payment account in Hong KongResource Center
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