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It has also received a license to start its operations in Hong Kong.

It will be allocated for green projects, SMEs, and infrastructure projects in underserved areas.

About 82 of the branches upgraded are in regional Australia.

The updated MOU sets out their respective roles for contributing to financial stability.

It estimates that virtual banks’ business revenue will not be significant in the first 5 years of operations.

Over 1 million customers have been moved into low-fee accounts, ASIC said.

It is also launching Airwallex Yield to businesses in the city.

The solution reduces application turnaround time, the bank said.

Upsider provides corporate credit card and invoice payment services.

They will focus on roughly 100 private firms, primarily in the tech sector.

The bank said its wholesale loan quality remains resilient.

Net interest income and non-interest income both grew during the period.

Stablecoins unlock massive potential but need significant infrastructure to be built.

The bank has reduced its onboarding time to 5–15 minutes.

Delayed U.S. rate cuts could strain rupiah and reshape capital flow strategies.DBS Indonesia has flagged oil supply chain risks and delayed U.S. interest rate cuts as external threats that could disrupt capital flow momentum and pressure the rupiah, even as investor sentiment toward Asia strengthens.

The August & Co brand will be maintained.