News
Norinchukin logs $540m profit in H1 FY2025
Norinchukin logs $540m profit in H1 FY2025
This is a reversal from the loss recorded in the same period in FY2024.
Metrobank appoints three new SVPs and heads
The new heads are for the trust banking group, internal audit group, and the transformation office.
Affin Bank expected to see 30.6% quarterly drop in Q4 net profit: report
The upturn in loan loss provisioning will lead to the decline, said CGS International.
HSBC names Ruby Ho as head of markets and securities services, ASEAN
She will lead the MSS business in Singapore and the whole region.
UnionPay expands Apple Services payments to 15 markets
Cardholders can use their cards to pay for Apple’s digital content.
NAB earnings outlook tempered by higher costs and loan competition
The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
DBS Hong Kong and KPay introduce collection management solution for SMEs
DBS MAX reportedly supports 29 online and offline collection methods.
OCBC adds 8 SEA e-wallets in digital app
Customers in Singapore can now directly transfer money to 10 e-wallets.
ZA Bank’s stockback car has awarded HK$2.5m in rebates
This shows that the public is willing to step out outside traditional rebate models.
2 in 3 Singaporean retail investors now hold crypto: survey
Whilst ownership is more common, allocations remain cautious, it said.
Fubon Bank to sustain retail deposit growth and buffers
The bank’s loan-to-deposit ratio has improved and is below the industry average.
DeCard by DCS, Coin 98 launch crypto card
It enables digital asset spending anywhere Visa is accepted.
Hang Seng revamps branches, opens wealth centre at Kowloon main branch
The bank will open a wealth centre at Harbour City before the year ends.
Japan Post Bank’s net income up 7.8% to $1.55b in H1 FY2026/3
It has not revised its net income forecasts for the year.
MUFG now Sakana AI’s largest Japanese investor
Its projects include an AI capable of rewriting its own code for self-improvement.
GCash PocketPay enables NFC devices to become payment portals
Any android device with NFC can accept contactless Visa and Mastercard payments.
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