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Taiwanese banks’ total loans up 0.13% in June
Taiwanese banks’ total loans up 0.13% in June
Coverage ratios of allowances for NPLs rose almost 30 percentage points.
Six Thai banks to sustain improved earnings through 2026: Fitch
They are well-positioned to face risks after years of excessive provisioning.
Early-stage deals shine in Singapore’s fintech space amidst ‘cautious’ investors’
There were 52 early-stage deals in Sinagpore in H1 versus just 25 later-stage deals.
Fintech investments in APAC drop 19% to $3.7b in H1
All regions globally recorded a decline in fintech investments.
Loans extended by Philippine banks up 10.1% in June
Consumer lending expanded on the back of credit card loans.
HKMA preparing law amendments for proposed two-tier bankings system
The central bank has published results of its consultation and new parameters added.
Standard Chartered invests in financial tech platform United Fintech
The bank has been granted board observer rights and a rotational board seat.
DBS names Tan Su Shan as deputy CEO; will succeed Piyush Gupta in 2025
An internal evaluation by DBS found Tan the strongest of all candidates for CEO.
ING strengthens wholesale banking in the Philippines
The firm focuses on sustainable finance, digital investments, and infrastructure.
HKMA rules out new virtual banking licenses
Competition is keen in the market and enquiries have declined.
HK virtual banks' record 2.2 million depositors by end-2023
Hong Kong's eight licensed virtual banks experienced modest growth over the past three years.
DBS’ net profit up 9% to S$5.76b in H1; Q2 dividend is 54 cents
Net profit rose 4% in Q2 as loans and deposits grew.
Krung Thai Bank likely to miss loan growth target for 2024: analyst
Government loan demand will rise but yield will be lower.
Fusion Bank unveils business loans with up to $5m financing
One loan is for businesses at least three years old.
Manufacturing, household spending weigh on KBank’s Q2 net profits
Net profit for the quarter is 6.18% lower than in Q1.
Metrobank’s net income up 9.6% in Q2
The bank reported higher gross revenue and expenses for the quarter.
Philippine Business Bank’s net income is $9.02m in Q2
The SME-focused bank announced a PHP0.64 EPS for Q2.
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Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
Lester Cruz, CEO of Singlife Philippines, shares how the Singlife Plan & Protect app reimagines the full customer journey.
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