News
Krungthai Bank’s net profit dip 1% to $344.37m in Q2
Krungthai Bank’s net profit dip 1% to $344.37m in Q2
Basic earnings per share is THB0.8 for the quarter.
Shinkin Central Bank’s strong liquidity backed by sticky member deposits
It has very low credit risk in its investment portfolio and loan book, says Moody's.
India’s Federal Bank rolls out biometric card payments for e-commerce
Customers can authenticate online purchases with fingerprint or face ID.
Malaysian bank’s gross impaired loans could rise by 5.6% in FY2025
Hong Leong Bank and Public Bank may be least impacted if GILs rise by 10%-30%.
DBS launches bespoke private assets solution for UHNWs and family offices
The bank has teamed up with Hamilton Lane to launch PATH.
Moomoo Singapore surpasses 1.5 million app users
The investment app has launched an AI investment assistant.
SCB X net profit up 18.7% to $386.9m in H1
Q2 net profit rose 27.7% on higher investment gains and reduced losses.
ADB maintains strong capital as lending and leverage rise
It is expected to release $10.3b in climate financing to its sovereign borrowers.
Credit unions could see up to $10b uplift by closing tech gaps
They will have to overcome weaker digital sales and outdated platforms.
UBS to adopt LSEG data and analytics solutions
It will affect the bank’s asset classes, business franchises, and trade lifecycle.
Mobile POS to grow to $4.9t by 2030 on growing card use
Shift from fixed POS terminals at checkouts will also drive its growth.
Australia probes debt firms over term breaches and poor service
They may be failing to meet agreement terms or charging high fees, amongst others.
Bangkok Bank likely to miss 2025 net interest margin target
Its Q2 2025 earnings growth was flat year-on-year.
SBI loan growth to hit 12% in 2025 whilst capitalisation to improve
Partial stake sale in Yes Bank will improve core capital ratio further.
Lendela, TransUnion roll out free credit data checking tool in Hong Kong
Hong Kong consumers can check their credit score at no cost.
Techcombank’s profit down 1.48% to $472.75m in H1 2025
Net interest income fell, but net interest margin registered a slight increase.
Property strains weighs on CMB Wing Lung’s asset quality: Moody’s
Fee income will support the bank’s profitability
Commentary
Electronic trading proves its strength in times of volatility