News
OCBC could distribute $460.7m in additional capital to investors
OCBC could distribute $460.7m in additional capital to investors
This would equate to about 13 Singaporean cents per share.
UnionBank offers 0% installment plans in Ikea for credit card holders
For a minimum spend, cardholders can avail a 0% installment plan for 3 months.
Macquarie Group’s net profit up 3% to A$1.65b in H1 2026
Net operating income and operating expenses are both higher compared to a year earlier.
OCBC net profit holds steady at $1.98b in Q3
Quarter-on-quarter, net profit was up 9% from $1.82b.
Banks embedding sustainability pay less for capital, UNFI says
Half of global banking assets now aligned with responsible banking principles
Philippine banks’ profits up 4.1% to $3.35b in H1 2025
Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
Airwallex surpasses $1b in annual recurring revenue
The Americas and EMEA make up 35% of its revenue.
Australians pull back on spending to afford a home loan: survey
Despite this, 1 in 3 Australians believe that they will never afford their own home.
Societe Generale names head for Power, Utilities, & Infrastructure investments
Anoop Chaudhry will be based in Hong Kong.
OCBC names Melvyn Low as group chief strategy & transformation officer
He will continue to lead the global transaction banking division.
GoTyme Bank reports 7.8 million users after three years
Customers can make deposits and withdrawals in 1,450 partner locations.
JCB, Agoda ink three-year deal for joint campaigns and co-marketing
JCB cardmembers will enjoy exclusive discounts and special offers in key markets.
UOB’s net profit down 16% to $443m in Q3
This was due to net interest income declining 8% year on year to $2.3b.
DBS’s net profit slips 2% YoY in 9M
The group attributed this to the impact of the global minimum tax.
Singaporeans account for 11% of stolen card data: study
In terms of price, Japan is most expensive whilst New Zealand saw the most growth.
BRI on track to hit full-year target despite lower Q3 profit results
Credit costs are guided to have a slight improvement in 2026.
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1. OCBC new investors triple as bank braces for 2026 gold, silver uptick 2. How digital payments are forcing QSRs to rebuild checkout and staffing 3. DBS pilots Visa Intelligent Commerce for agent-initiated payments 4. Japanese banks face bond yield shocks as yields hit 2.23% 5. BEA’s profit down 24% to $447.87m in 2025 as China losses mountResource Center
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