News
Taiwanese banks’ SME loans rise to $355.73b by end-June
Taiwanese banks’ SME loans rise to $355.73b by end-June
Loans extended to SMEs by domestic banks accounted for 64.73% of total loans.
ANZ names Ender Tanar as ANZ Japan country head
He has been ANZ country head in Germany for seven years.
Airwallex crosses $200b in annualized transaction volume
It is gearing up to roll-out its point-of-sales (POS) terminals.
Indian banks face modest exposure to US tariff-hit sectors
They should be able to manage the credit costs and asset quality.
AI agents shift financial services from infrastructure to impact
Almost all institutions now use AI to boost efficiency and customer experience.
Singapore, Brunei establish reciprocal cross-border collateral arrangement
This will allow them to accept a wider range of collateral in their facilities.
Philippine central bank orders banks, e-wallets to remove in-app gambling access
The suspension will remain in place until a policy is finalised.
Taiwanese cards’ revolving credit rise to $3.84b in June
The average ratio of delinquency is 0.29%.
Palawan Group of Companies Marks 40th Anniversary, Continues Mission to Empower Filipinos
The celebration kicked off on August 5 with a spotlight on Palawan’s B2B arm.
Dah Sing Bank launch Payment Connect service in online platforms
The bank now offers instant cross-border remittance between the two markets.
Japan Post Bank’s net income up 8.9% to JPY104.86b in Q1 FY2026/3
Net income per share is JPY29.29, according to its consolidated financial results.
Fintech investments and deals slow to $44.7b in H1 2025
But the digital assets space has amassed nearly equal to its total 2024 investments.
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
NAB, Westpac cut interest rates of home loans
Westpac also cut the interest rates of deposits.
Digital banking platform market set to grow to $168.3b by 2032
Growth in internet users and the shift to online banking will drive its expansion.
India’s credit demand remained strong in Jan-Mar
Fresh disbursals reached $182.61b during the period, according to Experian.
Commentary
Electronic trading proves its strength in times of volatility