News
MUFG invests in May Mobility for autonomous vehicle deployment
MUFG invests in May Mobility for autonomous vehicle deployment
MUFG will help the company scale its fleet to thousands of vehicles, it said.
How Danantara’s plan to acquire BRIS will impact four Indonesian banks
Bank Mandiri, Bank Negara Indonesia, and Bank Rakyat Indonesia mayincur losses.
SMBC Malaysia nabs StanChart banker as head of corporate banking
Wendy Ooi will lead SMBC Malaysia’s non-Japanese corporate banking strategy.
Bank of Ningbo’s established regional presence supports profitability
It reportedly has a good local presence.
Taiwan’s credit card balance rose in April
The amount of undue balance of installment fell from the previous month.
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
SG digital banks expand into investments and loans to boost profits
One problem they face is that many accounts remain inactive.
Taiwan eyes asset management hub status with law changes
They must retain their branch in the same place for a 7-year period.
APAC companies brace for more “ultra long payment delays” in 2025
Over 57% of 2,400 companies surveyed expect a deterioration in late payments.
Indonesian banks’ liquidity likely to improve in H2
NIM is expected to compress for the Q2 2025 period.
Ant International eyes stablecoin licenses in Hong Kong, Singapore: report
The unit is reportedly seeking a related permit in Luxembourg, according to sources.
Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch
And Citi exec expects banking and trading performances to improve.
BPI unveils SINAG bonds, will finance green and social projects
The bonds are structured with a 1.5-year tenor.
Taiwanese domestic banks’ SME loans up NT$52.5b in March
Average NPL ratio fell during the month.
Chinese banks to weather trade-related strains: S&P
Regional banks in coastal provinces are likely to see greater pressure than megabanks.
Deutsche, Ant teams up to improve cross-border payments
They will work on global treasury management and cross-border payment projects.
Taiwan’s outstanding loans up $1.01b in April
The NPL is the same as in March, according to official data.
Thought Leadership Centre
Most Read
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
Read Here
Advertise
Sign Up
Awards
Jul
02
Events
Event News
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.
Commentary
Fighting fraud in the digital banking age