News

Commercial real estate woes persist for Bank of East Asia

NIM will weigh on profitability but its non-interest income will cushion impact.

DBS tokenises structured notes, to distribute via ADDX, DigiFT, HydraX

To start, it will tokenise cash-settled crypto-link participation notes.

Citi has appointed Asghar Ali as head of corporate banking real estate

Prior to his new role, Ali has been based in Hong Kong since 2007.

Citi, Mastercard offer priority restaurant booking for HK’s National Day

Citi Mastercard cardholders can pre-book at 13 participating restaurants.

GXS Bank rolls out money lock feature

Customers can lock away the funds in their savings pockets.

OCBC targets 100 senior leaders to be ICF ACC accredited by 2027

The aspiring coaches will have to complete 60 hours of coaching education, amongst others.

Unbanked Filipinos narrow gap in credit perceptions: TransUnion

Fintech users showed the highest trust in credit products.

PayNet, Ant International ink MoU for international QR payments

The MoU enables DuitNow QR to be usable worldwide through Alipay+.

APRA releases 2025–26 corporate plan to strengthen financial system

It outlines APRA’s strategic direction over the next four years.

SMBC invests in Novastar Ventures’ Africa fund

The fund’s budget for fiscal year 2025 is $340m.

BOCHK partners with Manulife to launch multi-asset income solutions

It will draw on global income sources such as preferred securities and others.

HKMA study identifies AI and data analytics as key banking skills

Another key finding is the importance of a collaborative approach across the industry.

Moody’s says Hang Seng Bank capital strength offsets loan risks

These loans made up 15% of total lending in June 2025.

Finance associations call for overhaul of crypto rules

Recommendations include revising classification rules, recognising stablecoins, and updating risk weights.