News

India’s consumer lending growth slows in 2025

Consumer demand for mortgages and personal loans will be dampened, it said.

KakaoPay Corp’s profits may more than double market estimates by 2027

CGS International expects KKP Securities to turn profitable in the current year.

Australia’s digital wallet market to surpass $130b in 2025

Increasing use of QR and NFCC payments are supporting this growth.

Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025

Its profit for the first nine months of the fiscal year is up 0.71%.

India’s gov’t owned NBFIs to further grow market share

Loan growth for such entities is expected to be 15% per annum in the next two years.

OCBC names Elaine Heng as head of global commercial banking

Tan Yuen Siang will join the global wholesale banking leadership team.

China and Indonesia expand scope of bilateral transaction cooperation

They will establish a framework to promote bilateral transactions in local currencies.

Japan Post Bank logs $2.86b net income for FY2025/3

The dividend is JPY58, with a dividend payout ratio of 50.6%.

Banking sector bucked trend with job posting increase in Q1

Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.

SMFG to merge cloud service Sustana in business partner Asuene’s products

Sustana provides the Japanese bank’s clients calculations of GHG emissions.

Indonesia’s Eximbank to maintain ‘robust’ capitalisation

But its high stock of problem loans will continue to weigh on its net interest margin.

BDO’s asset quality stable whilst funding, liquidity its ‘key strengths’: Moody’s

Problem loan ratio coverage is one of the strongest in the Philippines.

Franklin Templeton names new co-heads of Global Official Institutions Group

The new office will serve central banks and sovereign wealth funds globally.

Maybank’s net profit up 4% to $614.25m in Q1 2025

They expect to continue to grow in the markets they operate.