News

1 in 3 Indonesians blame banks for scam losses: study

1 in 3 Indonesians blame banks for scam losses: study

Indonesians generally do not expect refunds but do expect protection, FICO found.

Security Bank enhances eKYC process in digital app

It has included enhanced fraud detection capabilities, including deepfake prevention.

Softening property demand could push up Taiwan’s bad loans

Potential losses could be absorbed by the banks’ core earnings, S&P said.

Krungthai Bank links Thaoil’s FX hedging transactions to ESG

Thaioil can get discounts if it successfully meets its ESG goals.

Mizuho Financial Group launches universal bank in Europe

Mizuho Bank Europe merged banking and securities services of two subsidiaries.

DBS rolls out new benefits under its Heartland Merchant Banking Package

Merchants can save up to S$1,880 through waivers and cashbacks.

Vietnam’s LPBank to see asset quality pressures as it expands its retail loans

But stable capitalisation and improved profitability should provide a buffer, says Moody’s.

Bank of Makati joins the Philippines’ “Piso Caravan” program

There are now 141 financial institutions participating in the program, the central bank said.

Philippine lending app JuanHand, Netbank team up to offer business loans

The loans will be tailored to the businesses’ specific needs, the two fintechs said.

Hong Kong banks report better H2 margins despite CRE risks

Margins and income improved in H2 2024 compared to H1..

Singapore investment banking fees up 18% to $257.5m in Q1

But ECM underwriting fees fell to its lowest since 2016 and syndicated lending fees declined.

SMBC, Fujitsu Limited to create data analytics business

Japanese companies reportedly want data-driven operations to improve efficiency.

Westpac first to join AU’s energy rating trial for existing homes

The initiative aims to help households better understand their energy consumption.

India’s credit card spend slumps 9% MoM to 7-month low

Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.

CommBank establishes tech hub in Seattle

The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.

Investment bank fees in APAC ex. Japan log 8% rise to top $5b in Q1

Estimated advisory fees due to M&As rose 42% to $706.5m in the first quarter of 2025.