News
PDIC, Philippine central bank sign revised agreement to enhance bank oversight
PDIC, Philippine central bank sign revised agreement to enhance bank oversight
The agency said this will give depositors “renewed assurance.”
2 days ago
How Gen AI is transforming banks’ financial advice, risk, and operations
Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.
2 days ago
Banks post record $1.2t profit in 2024: McKinsey
If banks fail to adapt AI, global profit pools could fall by about $170b.
5 days ago
PH financial sector targeted by Chinese-linked cyber group: report
The group relies on financial-themed phishing lures.
5 days ago
Meezan Bank launches history book on its rise in Karachi
The book is authored by researcher and writer Sibtain Naqvi.
5 days ago
Bangkok Bank earnings forecasts raised up to 15%: CGS International
The bank posted a $420m (THB13.8b) net profit for the third quarter.
5 days ago
Singapore banks to see NIM compression and management fee surge in Q3: UOBKayHian
Uncertainties cause the trends, the brokerage firm said.
6 days ago
Philippine central bank eases requirements on Islamic banking units
Relaxed capital, processing fees, amongst others, for IBUs.
6 days ago
Weaker OCBC earnings seen as margin pressure persists: report
Its Q3 profit is expected to fall mid-single digits.
6 days ago
Jewel Changi, Mastercard renew partnership amidst rising visitor spend
Cardholder privileges at airport offerings aim to boost spending.
6 days ago
Asia Commercial Joint Stock Bank expected to maintain profitability
Moody’s expects new delinquencies to stay low in the next 12-18 months.
6 days ago
Singapore banks show weak brand-experience alignment in 2025
Citibank and DBS were the only banks to achieve high rankings.
6 days ago
Philippine-based Asialink secures $75m loan from Standard Chartered
The $75m is set to provide fresh capital to MSMEs.
Fiuu launches QR codes for cash-on-delivery payments
Users can receive packages from Pos Malaysia with cashless payments.
Philippine central bank expands overseas workers' retirement fund options
The rule change allows PERA-UITFs to invest in BSP securities.
BPI posts $858.5m net income as revenues climb 13% in 9M 2025
The bank’s total assets reached $59.5b.
InstaPay, PESONet values surge 41% 9M 2025
The period also saw 2.89 billion transactions.
Commentary
Why Singapore’s fast payments need faster protections