News

Philippine digital lending may exceed $1b in H2 2025

Digital lenders may make up 55.2% of the market share, says Digido.

ZA Bank to give out cash equivalent to 1 Bitcoin

You can earn points by doing crypto investment related activities in the app.

Global banking industry faces headwinds amidst shifting monetary, political landscapes: BOC

It is expected to see pressures on profit growth and uneven expansion.

PAObank, Mybooster launch cross-border e-commerce revolving loan

It offers funding of up to $5m, with tenor extending up to six months.

Dah Sing Bank warns against fake website

The bank has reported the incident to the Hong Kong Monetary Authority.

Johor-Singapore economic zone seen attracting regional firms: OCBC

In 2024, OCBC supported about 260 new mid-sized enterprises to set up shop in Malaysia.

HSBC clinches Citi banker to head int’l wealth hub in Singapore

Chin brings 22 years of experience in wealth management and retail banking.

Malaysian banks’ earnings growth to moderate from slower NII growth

Loan growth is expected to recover thanks to more business loans.

BEA teams up with GRCB to expand WMC southbound business

GRCB is BEA’s first WMC partner bank outside the BEA group.

Thailand tightens anti-money laundering measures after UN report

An OHCHR report alleged that Thai FIs provided services for arms procurement.

Financials sector tops Asia Pacific ex. Japan M&A: LSEG

Industrials and high technology sectors were also active in 2024

APAC investment banking fees drop to lowest in 5 years

Its total ECM underwriting fees were its lowest since 2013.

Japan, the Philippines renew bilateral swap agreement

The size of the BSA remains unchanged: $12b for the Philippines and $500m for Japan.

Over 3 in 4 Visa payments in Vietnam are contactless

Over 4 in 5 in Vietnam named mobile wallets as their preferred payment method.

Malaysian private sector loans rose by 5.4% in Nov

Corporate bonds grew whilst business loan growth was unchanged.