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
Bank of Singapore expands CIO advisory council with PIMCO and KKR picks
The council is now composed of 11 members.
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
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?