News
NAB net profit dip 2.5% to A$3.4b in H1 2025
NAB net profit dip 2.5% to A$3.4b in H1 2025
Net operating income rose 1.4%, and net interest income is 0.6% higher.
National Australia Bank’s credit losses to remain low
Its CET1 ratio is expected to rise once it concludes the sale of its stake in MLC Life Insurance.
Chinese banks’ annual credit loses to average $353b in next two years
Nonperforming assets and bad debt are expected to rise.
MSIG, Bank of China and China Pacific ink bancassurance deal in Thailand
It aims to leverage the $5.2b in new Chinese investments entering Thailand in 2024.
UOB reports flat net profit growth in Q1 despite record fee income
Net fee income rose to a new high but non-interest income fell.
Chart of the Week: Australia’s credit and charge market to rise in 2025
Benefits and flexible repayment options is driving frequency of use.
Wealth managers must address safe-haven shift of wealthy Chinese investors: analyst
Over a quarter of HNWs’ wealth are parked in low-risk assets.
J.P. Morgan unveils automated cross-currency payment collection and settling service
It allows invoice and collection in one currency, and payment setting in another.
Filipinos spent 49 years using non-bank digital lending apps in 2024
Active users wer said to have spent 12 minutes and 14 seconds per month using such apps.
Total spending in China via Alipay’s overseas wallets doubled during Labor Day holiday
Alipay Tap! also saw a 50% rise in spending during the period.
OCBC starts AI stock adviser using data on 4,000 stocks
AI Oscar uses more than a decade's worth of data to predict equity prices.
Weekly Global News Wrap: BNY Mellon mandates 4-day office rule; EU weighs UniCredit bid
And Warren Buffet will step down as chief of Berkshire Hathaway by the end of 2025.
Westpac’s losses likely to stay low over next two years: S&P
Success of its “Unite” project will be crucial to support its business franchise and stability.
Westpac’s net profit dip 1% to $2.13b in H1 2025
The bank said it is managing their margins and working on cost management.
Bangkok Bank connects with China’s fund transfer network
This is expected to reduce transaction times and costs for export-import businesses.
Kookmin Bank profitability to decline on higher costs and narrowing NIM
It faces increasing delinquencies of SME loans, Moody’s said.
KB Financial Group’s stable profile carried by non-bank subsidiaries
But the subsidiaries’ credit profiles weakened in the recent downcycle.
Thought Leadership Centre
In Association with
Most Read
1. How Danantara’s plan to acquire BRIS will impact four Indonesian banks 2. BTN pitches Indonesia’s subsidized mortgage scheme as a sustainable finance model 3. DBS partners with Austrade to help Australian companies expand into SEA 4. ASIC issues warning to influencers promoting high-risk financial products 5. MUFG invests in May Mobility for autonomous vehicle deploymentResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
