News
Bank Central Asia profitability, asset quality to be stable in 2025: analyst
Bank Central Asia profitability, asset quality to be stable in 2025: analyst
Capitalization and liquidity may decline, however.
Overall loan demand in India to “moderate” in Jan-Mar 2025: survey
Terms and conditions for the mining sector are expected to become stricter.
China, Indonesia renew bilateral swap agreement
The agreement is valid for 5 years.
Norinchukin Bank enhances CET-1, Tier 2 capital
The move comes with “strong support” from its member cooperatives, the Japanese bank said.
DBS’ 2024 net profit up 11%; plans quarterly capital return dividend
DBS will also set aside S$32m for a one-time bonus of S$1,000 to all staff.
Xtransfer ink MOU to offer cross-border financial services to African SMEs
Xtransfer will make use of Ecobank Group’s network in the continent.
Netbank partners with Jia Financing to offer SME loans
Jia will assign their invoice financing loans to Netbank.
Bank Negara Indonesia profitability to hover at 1.8% to 1.9% in 2025
Credit costs are expected to remain modest at the current 1.3% level.
Hong Kong green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC.
Ant International names Jiang-Ming Yang as chief innovation officer
Yang led development of A+ Rewards, CoPilot, and EasySafePay for Antom.
Singapore named 9th best city for fintech startups globally
Bangalore ranked 5th and New Delhi was 10th globally.
India’s scheduled commercial banks’ profits up 12.5% in Q3 FY2025
Operating expenses, treasury gains, and fee income all rose.
Five M&A themes in the banking sector in 2025
Smaller banks may seek M&As to solve or mitigate compliance costs.
Weixin Pay users flock to Hong Kong, Japan for Spring Festival holiday
The use of promotions or “mini programs” doubled in Japan.
ZA Bank partners with TransUnion to offer credit alert service for free
It notifies of new credit accounts opened under their name, amongst others.
Kasikornbank headed for year of portfolio clean-up
UOB Kay Hian “surprised” regarding the Thai bank’s flat loan growth target.
Mizuho’s profits tripled in 9M FY2024
Consolidated gross profits rose 288.9% thanks to the rate hike and NII growth.
Commentary
The Asian connection: China's path to sustainable growth