News
Taiwan SME loans rise $2.27b in April with bad debt ratio improving
Taiwan SME loans rise $2.27b in April with bad debt ratio improving
Average NPL ratio was 0.20% and lower than in March.
BSP raises salary loan repayment cap to seven years
The seven years is the maximum tenor and not a fixed loan term.
CommBank names new group CIO and group CTO
Victoria Ledda and Rodrigo Castillo will take over their new roles on 1 July.
BDO tops Philippine brands for third straight year at $3.5b
BPI’s brand value grew 37%, whilst AUB is the country’s fastest growing brand.
CIMB targets first-time car buyers with bundled loan and insurance
Buyers can access insurance and Takaful protection through bancassurance financing.
Trust Bank users rack up S$142m in FX fee savings
The bank’s customers have made 60 million overseas transactions to date.
HSBC and BOCHK back Hong Kong’s wholesale CBDC pilot
Both banks will participate in the pilot project.
Hong Kong credit card transactions dip in Q1 even as card count surges
Card spending softened from Q4 but remains 13.6% higher than a year ago.
HSBC launches invoice-backed digital trade loans
Customers can receive funds in minutes once all info has been submitted and approved.
OCBC rolls out free ESG assessment tool for SMEs
Large companies can request to onboard their SME suppliers.
CommBank commits $98.56m to branch network
The bank aims to reduce wait times and expand access to specialist support.
SeABank raises charter capital to $1.3b with central bank approval
The increase came from accumulated undistributed after-tax profits.
GCash operator Mynt gets approval to file for IPO
It will be equivalent to 12% of Mynt’s outstanding common shares post-IPO.
Chubb Philippines embeds cover in UnionDigital Bank app
Eligible loan borrowers receive protection for 3 months at no added cost.
Blue Cross widens perks as Samsung Wallet joins push
Designated travel plans can include a HK$20 ePremium Coupon.
Korean household loan growth triples on Seoul mortgage demand
There was an increase in housing transactions in Seoul.
Alipay debuts AI agent interface “Ah Bao” in China
Users only need to speak to Ah Bao, pick a service listed, and pay for it without switching apps or pages.
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