News

Hong Kong’s BEA unveils multi-currency debit card

It supports withdrawal at over 2.5 million access points worldwide.

PDIC, Philippine central bank sign revised agreement to enhance bank oversight

The agency said this will give depositors “renewed assurance.”

How Gen AI is transforming banks’ financial advice, risk, and operations

Gen AI can be used to reimagine distribution, improve financial advise, and transform risk management.

Techcombank's Q3 profit hits record high on ecosystem gains

Bank’s deposits, CASA, and PBT reach new highs

Crédit Agricole CIB opens branch in India’s GIFT City

IFSC Banking Unit expands cross-border services.

Banks post record $1.2t profit in 2024: McKinsey

If banks fail to adapt AI, global profit pools could fall by about $170b.

PH financial sector targeted by Chinese-linked cyber group: report

The group relies on financial-themed phishing lures.

Meezan Bank launches history book on its rise in Karachi

The book is authored by researcher and writer Sibtain Naqvi.

Bangkok Bank earnings forecasts raised up to 15%: CGS International

The bank posted a $420m (THB13.8b) net profit for the third quarter.

Philippine central bank eases requirements on Islamic banking units

Relaxed capital, processing fees, amongst others, for IBUs. 

Weaker OCBC earnings seen as margin pressure persists: report

Its Q3 profit is expected to fall mid-single digits.

Jewel Changi, Mastercard renew partnership amidst rising visitor spend

Cardholder privileges at airport offerings aim to boost spending.

Asia Commercial Joint Stock Bank expected to maintain profitability

Moody’s expects new delinquencies to stay low in the next 12-18 months.

Singapore banks show weak brand-experience alignment in 2025

Citibank and DBS were the only banks to achieve high rankings.