News

GXS Invest embeds insurance coverage with Singlife

GXS Invest embeds insurance coverage with Singlife

Coverage will be up to three times the investment amount capped at S$100,000.

GoTyme Bank reaches $525.7m in deposits, expands into the SM Store

By Q3 2025, it will have kiosks in over 70 locations of the department store.

Japan’s SMFG eyes $1.1b additional investment in India’s Yes Bank: report

The Japanese megabank may raise its stake to 25%, sources said.

UnionBank opens new branch in Cebu City’s Aboitiz Corporate Center

This is the Philippine bank’s 200th branch in the region.

Banks drop OTPs as fraud drives SNA adoption

66% of critical attacks now target the finance sector.

StanChart rolls out digital assets trading service

It includes spot trading for Bitcoin and Ether through its UK branch.

GXS Bank launches GXS Invest

Customers can invest in the Fullerton SGD Cash Fund (Class G) from as low as S$1.

Chinese banks’ loan growth forecast lowered to 6% by 2028

Economic data likely indicates continued weak credit demand in the coming months.

Bangladesh’s banking sector strained by structural problems

Asset quality strains are expected to extend through 2026.

DBS nabs Deutsche Bank banker as head of private banking for MEA

Loic Voide was most recently CEO of Deutsche Bank (Switzerland).

American Express opens Centurion Lounge at Tokyo’s Haneda Airport

Cardholders will have access to a specialty drinks and sweets bar.

Cambodian banks face pressures from real estate and weak tourism

Bad loans may rise to up to 10% of outstanding loans by 2026.

India’s banks supported by infrastructure push and demand

Weak loans are projected to rise to 3.1% in March 2026.

Taiwanese banks to maintain sufficient buffers and stable fund

But tariff shifts may push up nonperforming assets.

Japanese banks seek higher interest incomes on rising rates, tamed deposit costs

Credit costs and nonperforming loans remain stable for the banking sector.

CIMB raises sustainable finance target to $70.5b by 2030

It plans to grow its sustainable finance capabilities to support regional and national plans.

OCBC to maintain Great Eastern support despite failed full acquisition: report

GEH is expected to maintain its healthy capitalization and profitability, says S&P.