News

Aozora Bank's Q3 profit soars 90.2% to ¥90.2b

Thanks to the improvement in net interest income.

ICICI Bank’s net profit up by 14.8% YoY to $1.4b in Q3

Its domestic loan portfolio also grew by 15.1%.

BPI’s net income increases by 20% YoY to $1.06b

Revenue stood at $2.9b (PHP170.1b), up by 23%.

Thailand’s digital lending growth demands better credit risk models

New approaches to credit risk assessment are crucial for financial inclusion and innovation.

New Policy Pulse details efforts to achieve HK’s financial hub status

It provides an overview of the developments and achievements of HK’s financial services in recent years.

India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal

The collaboration will leverage IPPB’s network of 650 banking outlets.

Philippine Crop Insurance to disburse farmer payments via GCash

Farmers no longer required to visit PCIC offices.

Banked, NAB launch Pay by Bank payments on Amazon Australia

This allows customers to pay directly from their bank accounts.

Thai banks have room to improve costs, loans in 2025: UOBKH

But loans extended to SMEs will continue to remain sluggish in quality.

Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock

It identified consumer payments and value-added services amongst its growth levers.

Cambodia sees progress in responsible lending: officials

Of 22 priority actions, 4 are complete and 15 are ongoing, the statement said.

AEON Bank told to improve measures against money laundering and terrorism financing

Japan's FSA suspected the bank of having left 14,369 transactions unaccounted for.

Here’s how ISO 20022 adoption impacted DBS Bank

It reportedly improved payments processing and regulatory compliance.

Malaysia fines AmBank for investment transaction breaches

AmBank failed to obtain approval for the transactions, the BNM said.

Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks

The platform recently welcomed Kaspi.kz and BigPay.

Hong Kong’s total loans down 2.8% in 2024

Loans for use outside Hong Kong dropped by 1.3% in December.