News
Cambodia's Canadia Bank expands to Hong Kong
Cambodia's Canadia Bank expands to Hong Kong
The group has a total asset of $116.7b (US$15b) and a total of 17,500 employees.
APAC faces rising cyber threats as AI fuels fraud
Experts warn APAC banks must balance compliance with innovation.
SEA, China’s GBA emerging as key sustainable finance hubs
Sustainability-focused assets in the region reached $220b in H1 2025.
Stripe Capital to launch in Australia
Over 1 million users in the ANZ region now run on Stripe, the company said.
Hong Kong banks lift H1 profits on non-interest income growth
The four banks’ net interest margins are expected to improve in H2 2025.
Ant Int’l and e-wallets launch partnership for enhanced protection
Ant International, alongside e-wallets and payment firms in Asia, have launched the Digital Wallet Guardian Partnership with the goal of strengthening protection of global wallet payments.
ANZ’s Markets MD Anshul Sidher departs from the bank
Michael Peric and Trevor Vail have been tasked to temporarily lead the markets business.
China renews bilateral swap agreement with ECB, Switzerland, & Hungary
The agreements are valid between three to five years.
ANZ to lay off 3,500 staff, reduce services contractors engagement
It expects a restructuring charge of $560m before tax in H2 2025.
New Zealand seeks feedback on liquidity framework and new CLF
It proposes changes for open market operations, such as reducing the max tenor.
CZBank Shanghai, XTransfer ink agreement for cross-border finance
The two will jointly offer cash management services to Chinese foreign trade enterprises.
Taiwan’s outstanding loans and bad loans inch up in July
The NPL ratio rose by 0.01 percentage points
Australia’s ASIC inks MOU with India to enhance cooperation arrangements
They aim to facilitate mutual assistance and information sharing, amongst others.
SCB EASY app adjusts maximum daily transaction limit
Transactions included are transfers to other SCB accounts, accounts to other banks, etc.
CIMB names new growth markets, Singapore unit chief
Victor Lee Meng Teck has resigned and will be on “gardening leave.”
India’s Bank of Baroda teams up with SIDBI to back MSE sustainability
It is part of the bank’s efforts to foster a greener and more sustainable future.
ING expands eFX capabilities, sets up regional trading hub in Singapore
It is investing in advanced algorithm capabilities and direct API integration.
Commentary
Fighting fraud in the digital banking age