News

OCBC profit expected at $1.7b on higher fee and insurance income

Fee income and insurance contribution are expected to have grown during the quarter.
5 days ago

UOB profit set to slide 16.7% on lower wealth and loan fees

It will take time for UOB to return to its peak profitability, the report said.
5 days ago

CMB seen as top winner in China’s wealth reallocation, CGSI says

CGSI expects the bank to benefit from stronger demand for wealth management and bancassurance products. 
5 days ago

Hong Kong expands RMB facility to $28.6b after banks hit quotas

The initial quota had been fully allocated to 40 banks.
5 days ago

Bangkok Bank’s net profit up 1.8% to $1.47b in 2025

For the full year, expected credit losses amounted to $1.16b.

Krungsri’s profit rises 6.9% in 2025 as retail and SME loans contract

Its CEO warned of slower economic growth and consumption in 2026.

Mizuho and Fujitsu automate 70% of SME order processing tasks

It streamlines 70% of order processing tasks by elimination manual input and conversion work.

Citi foresees more Asia M&A deals on healthcare and multinational moves

In 2026, Citi already led two M&A biopharma deals in China.

Grab launches iPhone tap-to-pay feature

Merchants can accept contactless cards without POS hardware.

SCB X’s net profit rose 8.1% to $1.51b in 2025

But its loan portfolio contracted and net interest income dropped 8%.

Mega ICBC's problem loans may rise on SME and tariff risks: Moody’s

The bank’s foreign currency loan portfolio may benefit from higher USD lending margins, however.

Maybank targets 13%–14% ROE by 2030 under ROAR30 strategy

It aims for a NIM of over 2.05% and a cost-to-income ratio of not more than 47%.

OCBC sets up securities financing unit to mobilise idle assets

Customers have the chance to earn fee income from lending out their idle securities.

Modern card issuing doubles as banks shift from UX to cost

The number of cards issued this way is expected to be at 1.6 billion by 2030.

Trust is first banking app in Singapore to offer fractional trading

It now gives access to over 7,000 US stocks and ETFs.

Moneymax launches credit push as 95% of Filipinos “credit invisible”

The company will release guides and hold webinars in partnership with the CCAP.