News
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth
Philippine banks’ costs to rise; Singapore lenders face slower profit growth
Singapore banks’ net interest margins have already peaked in 2024.
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
Slower credit growth on the horizon for Cambodian lenders
Earlier covenant breaches will continue to be a problem for some of the banks.
Bangladeshi banks’ weak profitability to continue in 2025: analyst
Asset quality will be challenged by weak lending standards and foreclosure laws.
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Google Cloud’s data encryption will help safeguard the bank’s AI models.
GoTyme Bank reaches 5 million users in 2024
The bank is aiming to reach 9 million customers by end-2025.
Banks may be ill-equipped for demands of real-time payments
Stronger fraud prevention and anti-money laundering measures are needed.
Fitch forecasts growth in Philippine Islamic finance sector
The government plans to incorporate sukuk in its 2025 financing mix.
JCB expands contactless payment services to New Jersey public transportation
The service will be available on contactless bus and light rail validators.
Singapore bankers to see up to 30% pay rise in 2025
But overall hiring trend remains cautious with employers opting for replacement hiring.
Financial services professionals more optimistic about bonuses in 2025: report
The largest expected bonus increases are projected for professionals in private credit.
Hong Kong bankers to see 15% to 20% salary hikes next year
But middle and back-office recruitment is expected to focus on replacing existing roles.
167 financial services firms adopt AI initiatives: report
Nearly 80% financial services companies have launched at least one AI initiative.
ZA Bank’s Rate Watch offers $114 for lower interest proof
Users can still receive up to $24.20 even if a loan application is unsuccessful.
CIMB launches Malaysia’s first e-invoice payment terminal
The device also functions as a standalone Point-Of-Sale (POS) system.
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ABF Corporate & Investment Banking Awards 2024 Winner: Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank)
VietinBank won Project Infrastructure Finance Deal of the Year - Vietnam at the ABF Corporate & Investment Banking Awards 2024.
