News

UOB’s net profit falls 23% to $3.69b in 2025 as allowances double

The bank raised provisions by S$1.5b, with higher allowances in Singapore and China.

Welcome Bank (Rural Bank) unveil e-signature and e-KYC services in loan apps

It eliminates the need for scheduled video calls or a hybrid application process.

Alipay’s AI Pay surpasses 100 million users

Consumers pay via voice command, eliminating the need to switch between pages.

Krungsri, Thai stock exchange push SETCarbon platform for SMEs’ green transition

The platform is now used by 380 organisation, with 85% being listed companies.

Citi launches Korea desk in Chicago to back Korean firms’ US expansion

Citi Korea opened its first Korea desk in New York in 1993.

Mastercard partners to launch cyber shield for SMEs and public sector

Partnership merges Recorded Future with WAF to guard against Shadow IT threats.

Standard Chartered launches ESG-linked cash account

Enhanced interest rates apply when sustainability targets are met.

Krungsri names Chayathip Phanmanee as head of Krungsri Auto Group

Phanmanee implemented debt restructuring policies during the COVID-19 period.

EastWest Bank profit climbs 21% to $156.4m in 2025

Revenue was up 20% with stronger operating leverage.

OCBC new investors triple as bank braces for 2026 gold, silver uptick

The bank sees sustained growth on the back of industrial use and recent price rallies.

SMFG’s CET1 ratio climb to 12.75% on higher capital

The Japanese megabank earlier reported a profit of $8.99b for the 9M period.

Taiwan revolving credit rises to $3.78b in Dec 2025

Monthly retail sales surged to NT$453.7b, from $396.7b a month earlier.

Japan Post Bank profit surges 22.4% to $2.46b in Q3 FY2026/3

Dividend is forecasted to be JPY70 for FY2026/3.