News

SMBC to transform India branches into subsidiary after conditional RBI nod

The Japanese megabank will transform its local presence into a centralised corporate structure.

Taiwan card sales fell to $12.55b in November

Revolving credit also came in much lower than the previous month.

India's Canara Bank enables UPI payments on ai1Pe app

Canara Bank now has access to the latest UPI functions and updates.

UOB logs ‘highest’ Copilot usage amidst 40-branch rollout

Specialised digital assistants now manage product inquiries across Singapore.

ICICI profit slips as provisions more than double in Q3 2026

The bank had to make a $143m for regulatory compliance related to agri loans.

Krungthai Card faces slower 2026 loan growth outlook: analyst

Management reported that credit card spending growth just 0.1% for the 11M period.

HDFC Bank enables digital rupee payments for merchants

SmartGateway merchants can now accept CBDC or digital rupee payments.

GCash bundles free Oona insurance with GLoan credit disbursements

This new in-app feature is only for a limited time.

DBS faces credit cost spike on Autobahn exposure

Singapore largest bank holds an estimated S$102.6m in loan exposure to the car leasing firm

PH central bank warns public against scammers posing as employees

The BSP will never ask the public to transfer funds from their accounts, it said.

BOCHK capitalisation strong but property risks remain

Fee income and treasury income will support its profitability through mid-2027.

PAObank uses PCS to replace traditional freight documentation

PAObank is the first digital bank to participate in the commercial data interchange initiative.

Bank of Singapore appoints OCBC veteran as global CFO

Collins Chin worked at OCBC for over 16 years before taking on this new role.

Unmet trade demand hits $2.5t despite increased SME support

FIs report 80% of banks anticipate demand to climb as trade shifts. 

HSBC targets cross-border wealth with veteran Asia hires

William Fok returns to lead Thailand operations.

Deutsche Bank Malaysia appoints first female chair, new non-executive director

The appointees bring expertise in finance, audit, risk, governance, policy.