News

Malaysia rolls out $1.26b loan facility to aid SMEs amidst Middle East disruptions

Eligible SMEs can obtain a working capital loan of up to MYR750,000 (about $189,000).

Indonesia banks face tight liquidity through 2026: CreditSights

Higher energy prices will reduce room for fiscal spending, the report said.

DeeMoney CEO says trust will beat acquisition

CEO Phlaphongphanich said the industry is measuring the wrong things. 

Ant International launches protocol for agentic mobile payments

It cuts agent-wallet linking steps by 50% of traditional card binding methods.

UOB Hong Kong names Cliff Law as head of corporate banking

Law previously worked at a Hong Kong-headquartered bank.

DBS’ net profit up 1% to S$2.93b in Q1 on record total income

Wealth management growth drove up fee income and treasury customer sales to new highs.

Ping An Bank profit rises 3% to $2.12b in Q1

Retail assets under management rose 1.2% during the quarter, said Ping An.

Bank Central Asia's margin falls in Q1 as wholesale competition weighs

The bank is implied to be sitting on excess liquidity, said UOB Kay Hian.

BDO Unibank’s net income up 6% to $1.42b in 2025

The bank said it is cautiously optimistic despite ongoing headwinds.

Citi hires Bhavin Shukla to lead infrastructure banking in JANA and Asia South

He joins from J.P. Morgan, where he was a managing director.

ANZ takes full control of ANZ Worldline venture for $63.7m

ANZ Worldline is a joint venture with Worldline Australia, established in 2022.

National Australia Bank settles overtime dispute with finance union

Certain teams in the bank were told they would not be paid overtime but get TOIL instead, according to the FSU.

HSBC Private Bank appoints Gautam Anand as Global India head

The cross-border private banking coverage consolidates under one leader across five hubs.

Maybank moves head office to Menara Merdeka 118

Maybank Islamic and Maybank Investment Bank are also relocating.

GXS Bank, Funding Societies offer property‑backed SME financing in Singapore

New product offers up to $1.57m financing for SG SMEs using residential or commercial property as collateral.