News
OCBC launches bespoke tokenised bonds for corporate investors
OCBC launches bespoke tokenised bonds for corporate investors
They can subscribe to tokens at S$1,000 denominations, for example.
BDO names Jeffrey Alejandro as chief audit executive and IAG head
He worked for ING Bank NV and Citibank NA previously.
UnionBank names Vivian Perez as financial risk and performance head
The appointment was effective 2 January 2025.
RBI lifts lending restrictions of Arohan Financial Services Limited, Kolkata
The company initiated remedial action and submitted its various compliances to the central bank.
Taiwan, Lithuania ink MOU for financial services innovation
They agree to exchange information on emerging market trends and relevant regulatory issues.
MUFG Bank reorganizes overseas securities subsidiaries
Three securities firms will now become direct subsidiaries of the bank.
Lawrence Goh is NETS’ newest UOB board representative
He is head of group technology and operations at UOB.
DBS Bank India names Rajat Verma as CEO
Verma will succeed Surojit Shome, who is retiring on 28 February.
Etiqa, Maybank launch Singapore's first Takaful in 10 years
The plan combines ethical investment options with flexible wealth accumulation.
OCBC Hong Kong sells 33% stake in Hong Kong Life
Yue Xiu Enterprises (Holdings) bought the stake from the bank.
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth
Philippine banks’ costs to rise; Singapore lenders face slower profit growth
Singapore banks’ net interest margins have already peaked in 2024.
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
Slower credit growth on the horizon for Cambodian lenders
Earlier covenant breaches will continue to be a problem for some of the banks.
Bangladeshi banks’ weak profitability to continue in 2025: analyst
Asset quality will be challenged by weak lending standards and foreclosure laws.
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Google Cloud’s data encryption will help safeguard the bank’s AI models.
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1. How is tokenisation reshaping cash management solutions? 2. Singapore, Brunei establish reciprocal cross-border collateral arrangement 3. Union Bank of the Philippines hires senior officers for compliance 4. Indian banks face modest exposure to US tariff-hit sectors 5. Bank of Singapore offers UHNWIs SFO-style investment vehicleResource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
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