News

PH central bank, IFC to promote movable asset finance

Borrowers can secure loans using inventories, receivables, and equipment.

DBS and OCBC expected to report lower margin in Q1 on SORA easing

Both banks’ asset qualities could deteriorate in the second half of 2025, an analyst said.

Taiwan’s FSC names new deputy director general of the banking bureau

Wang was deputy director general of the financial examination bureau.

India’s InCred Wealth names head for family office business

The wealth management firm will offer tailored solutions to UHNWIs and business families.

CIMB pledges S$2.98b to support Johor-Singapore SEZ

The platform offers tailored support services including fast-track account setup, regulatory guidance, and banking solution.

YouTrip launches MYR wallet and offers free weekend shuttle service

Users will have to prebook slots for the shuttle services.

Revolut rolls out five new currencies including Chinese Yuan

Users can now hold and exchange 39 different currencies directly in-app.

Philippine National Bank improves profitability on cost management

It has a very high liquidity coverage ratio of 255% as of end-2024.

Singapore banks’ dividends to weather economic and global trade woes

DBS and OCBC are expected to hold their dividends steady in 2025.

Ant International boosts SME treasury tools with World Card launch

The physical card will be launched later this year.

HSBC China unveils wealth centre in Hangzhou

The wealth centres have an average size of 1,800 sqm, and are upgraded from traditional branches.

Hang Seng Bank, Mastercard launch new multi-currency debit card for businesses

It offers instant debit, secure exchange rates, and free transaction fees.

Standard Chartered unveils sports investing fund for wealthy clients

The fund focuses on sports, media, and entertainment opportunities.

UOB widens sustainable financing access for SMEs

The bank applies a differentiated assessment model.

Chinese state banks’ enhanced policy roles increases support prospects

Banks are expected to log moderate credit growth and no increase in risk appetite.