News

FInancial services hiring slows as consumer demand weakens

This marks the second consecutive quarter of declining confidence.
1 day ago

Indonesia consumer loan growth may slow as banks tighten risk rules

CGS International observed higher rejection rates and mortgage rate increases.
1 day ago

India liquidity support eases funding strain for banks

Margins will fall in the near-term, but pressures will ease as deposit costs fall.
1 day ago

New bad loan formation remains a key risk for China Everbright Bank

The bank has adequate buffers, with reserves covering 174.4% of its NPLs.
1 day ago

Citi teams up with Ant to improve airline FX solutions

The Falcon TST Model can predict future data points by learning patterns using AI.
1 day ago

Taiwan’s ATM, money transaction volumes outperform global averages

Over 93.3% of Taiwanese adults have a bank account, higher than 76.2% globally.
1 day ago

KEB Hana Ban’s problem loans rising, but profitability stable

Net interest margin will decline whilst credit costs will rise.
1 day ago

CIMB Group to maintain stable capital, liquidity, problem loans

Successful de-risking initiatives will support its ‘stable’ problem loans ratio.
1 day ago

Westpac eases home loan rules for self-employed Australians

It now requires only one year of income records, rather than the previous two.
1 day ago

BPI’s revenue up by 14% YoY to $1.6b in H1

It was driven by the 16.2% increase in net interest income.
1 day ago

Chinese yuan loans, deposits rose in H1 2025

Outstanding yuan loans grew 7.1% to $37.41t.
2 days ago

Mastercard unveils new perks under “The Mastercard Collection.”

It includes fast-track security lanes in airports and Live Nation events’ ticket access.
2 days ago

Demand for loans in Japan “about the same” in April-June

Firms of all sizes saw little change in demand during the period.
2 days ago

Hong Kong lenders consider making bad bank to offload $25b in soured loans

Hang Seng Bank and BoCom reportedly mulled setting up a special vehicle.
2 days ago

Singapore banks’ interest income expected to come weaker in Q2

Net interest margins of the 3 banks are expected to compress by 5-7 basis points.
2 days ago

Thailand’s SCB enforces SIM name match requirement

Customers can still make transactions as usual on ATMs and branches.
2 days ago