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Thai banks have room to improve costs, loans in 2025: UOBKH
Thai banks have room to improve costs, loans in 2025: UOBKH
But loans extended to SMEs will continue to remain sluggish in quality.
Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock
It identified consumer payments and value-added services amongst its growth levers.
Cambodia sees progress in responsible lending: officials
Of 22 priority actions, 4 are complete and 15 are ongoing, the statement said.
AEON Bank told to improve measures against money laundering and terrorism financing
Japan's FSA suspected the bank of having left 14,369 transactions unaccounted for.
Here’s how ISO 20022 adoption impacted DBS Bank
It reportedly improved payments processing and regulatory compliance.
Malaysia fines AmBank for investment transaction breaches
AmBank failed to obtain approval for the transactions, the BNM said.
Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks
The platform recently welcomed Kaspi.kz and BigPay.
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December.
Home loans in negative equity dropped to $25.03b in Dec 2024
The number of cases fell, but the three-month delinquency ratio rose.
Hong Kong’s total deposits up 7.1% in 2024
Renminbi deposits fell, whilst RMB remittance rose in December.
Bangkok Bank nets 8.6% net profit rise in 2024
It attributed this to the recovery of tourism and exports.
HDFC Bank’s profit after tax up 12.3% for 9M FY2024/25
For the quarter ended Dec 2024, consolidated PAT was 13.6% higher.
RBI supersedes board of Aviom India Housing Finance
Punjab National Bank’s ex-CGM Shri Ram Kumar appointed as administrator.
Hong Kong banks to focus on resilience, costs in 2025: KPMG
Interest rate reductions are likely to be slower.
MUFG Bank reprimanded for securities-related lapses
MUMSS also received a strict warning from the Japan’s Association of Real Estate Securitization.
Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct
It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.
Alipay, Macau Pass expand partnership for Lunar New Year
Macao Government Tourism Office estimates an average of 185,000 daily visitors.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB pledges S$2.98b to support Johor-Singapore SEZ 3. DBS and OCBC expected to report lower margin in Q1 on SORA easing 4. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans 5. Bank of America appoints Phil Carmalt as head of APAC GPSResource Center
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The Asian connection: China's path to sustainable growth