News
DBS nabs Deutsche Bank banker as head of private banking for MEA
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.
Hantec Financial unveils Southeast Asia regional office in Bangkok
The Hong Kong-headquartered company holds 12 regulatory licenses worldwide.
China and Egypt strengthen cooperation on settlements, CBDCs
They are enhancing cooperation in local currency settlement.
Singapore and China reaffirm green finance cooperation
They are advancing discussions on taxonomy criteria for transition activities.
OCBC CEO Helen Wong to retire; Tan Teck Long named successor
Post-retirement, Wong will remain chairman of OCBC China and director of OCBC HK.
OCBC Bank Hong Kong sets up team to support entrepreneurs
OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028
DCS Card Centre expands into Web3 as superapps reshape payments
A stablecoin conversion card offers a bridge between crypto and cash.
DCS expands into Web3 payments with new platform
Move from card issuer to full-stack enabler marks shift toward embedded finance.
Australia court upholds five claims against Mayfair 101 head
Mayfair 101 made multiple false and misleading representations in marketing some of its products.
Japan’s megabanks brace for lower earnings growth on US uncertainties
They only expect a 7.9% net income growth, lower than the 25.3% previously.
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1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
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Jul
02
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Fighting fraud in the digital banking age