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Finance sector cements dominance over Philippines ICT market
Finance sector cements dominance over Philippines ICT market
GlobalData says the sector will hold the top end use position through 2029.
Krungthai Card beats Q1 profit estimates but credit costs loom
However, its NPL ratio rose to 1.96% due to its non-core leasing business.
Bank Mandiri says oil shock could lift bad loan ratio to 4%: report
Growth in the commodity segment may cushion its wholesale loan portfolio.
Australia offers zero-interest loans for fuel-hit firms under A$1b program
ANZ and NAB confirmed they will offer the zero-interest loans.
Atome Philippines partners with Bayad to enable in-app bill payments
Users can pay their water, electricity, and internet bills, amongst others.
Mizuho, Nomura and partners launch blockchain trial for bond collateral
The project will test whether the transfer of rights and updates to book-entry transfer records can be executed using blockchain.
Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class
The tokenised unlisted class will be available on HashKey Exchange
HSBC unveils biggest wealth centre in Singapore
Wood, stone, and textured fabrics with layered lighting create a private space.
NAB flags $504m in H1 impairment charges as Middle East conflict bites
It will apply a 1.5% discount to its dividend reinvestment plan to strengthen its capital position.
Hang Seng offers 10-second approval for SME guarantee loans
It can grant loans up to HK$8m.
2 in 3 firms exploring transition finance: study
In APAC, 91% of companies expect stability or growth in the transition finance space.
DBS and OCBC face weaker Q1 profits despite wealth gains
Both are expected to report growth in treasury customer sales.
Citi renews custodial and fund services contract with Australia’s Hostplus
Citi and Hostplus have worked together for 13 years.
Think tanks urge Bank of Korea to move from climate research to action
The BOK is called to implement concrete policies that shift financial flows away from high-carbon sectors.
DBS Hong Kong to open Treasures Centre in Kowloon
The three-storey place will serve the bank’s affluent clientele.
MUFG completes $4.26b Shriram Finance investment
It now holds a 20% equity stake in SFL.
Eximbank leadership churn triggers governance vulnerability
Seven board directors and board of supervisors’ members resigned in February.
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