News
US Treasury and MAS reinforce cross-border cybersecurity
The collaboration follows the MOU on Cybersecurity Cooperation between the institutions in August 2021.
DBS hits record net profit of S$2.57b in Q1
Board has declared a dividend of SGD 42 cents per share.
Mox Bank hit HK$170m operating income in 2022
The bank remains dedicated to reaching break-even in 2024, CEO Barbaros Uygun said.
Hong Kong’s livi bank records HK$17m operating income
Its loan balance has surpassed HK$1.3b as of end 2022.
Hong Kong’s residential mortgage loans in red decreases to HK$34.4b
The total cases is at 6,376 by end-March, lower than the over 12,000 cases in 2022.
Vietnam’s HDBank targets $562.67m profit for 2023
Shareholders approved a dividend distribution of 10% in cash and 15% in shares.
SFA, Austrade kick-off Project Lorikeet to support fintechs expansion in both markets
Supporting partners are HSBC and Amazon Web Services.
Bank of East Asia extends Saturday hours of three select branches
The branches can provide personal account opening and general enquiry services.
KB Financial registers 2.5% growth in Q1 earnings
Net profits totalled ₩1.50t in the January to March period.
Alipay Q1 transactions by Chinese tourists in SG nearly doubles
Total user transactions in March averaged 45% of the tally in 2019.
Zubin Rada Krishnan joins BigPay as group CEO
The company plans to launch in Thailand, Indonesia, and the Philippines within the year.
BPI’s Q1 net profit increases by 52%, boosts efforts toward financial inclusion
The January to March performance was driven by the bank’s average asset base expansion, margin growth, and lower provisions.
Weekly Global News Wrap: Klarna, Block execs calls UK’s planned BNPL regulations “outdated”; Citi’s global FX head to leave
And fintech Boost looks to raise $50m to $100m in possible new funding round.
Techcombank launches AI-powered money management services
It will provide insights on payment behaviors and analyze transactions.
MAS hosts meetings for central banks to tackle climate issues in finance
Climate-related risks and issues were identified for the transition to green financing.
Goldman Sachs shareholders call for bank to release net zero transition plan
The resolution is reportedly supported by 30% of shareholders.
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Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
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