News
Aussie banks welcome confirmation of payee system
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.
APAC syndicated lending dip 3.39% to $241.48b on lower deal volumes
Syndicated loans in H1 fell to its lowest six-month tally in 3 years.
Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia
Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia
Top Philippine banks’ strong capitalisation, liquidity a buffer for macro risks
Provisioning costs are expected to remain elevated as they expand their consumer loan books.
Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case
The liquidators alleged that it permitted over 100 transfers related to the scandal.
OCBC app enables text resizing in English and Mandarin
About 70% of app screens have been covered in the initial rollout.
MAS proposes revisions to PHS, complex products framework
Investment-Linked Policies (ILPs) will require a PHS under the proposals.
UOB, Frasers Thailand to support investments in Thailand, Vietnam, Indonesia
UOB Thailand will offer financial solutions to business expanding in the three countries.
Ant launches agentic AI travel companion embedded in mobile wallets
The service is available in Alipay, AlipayHK, and GCash to start.
Bank Mandiri’s interest margin upper target 'challenging' to attain
Loan growth momentum could pick up in the second half of 2025.
Bank Australia’s Qudos merger solidifies its competitive position
Its Qudos and Australian Unity Bank mergers are not expected to disrupt core activities.
Malaysia’s private sector loans up 5.4% in May
Business loan growth accelerated whilst corporate bond growth moderated.
DBS offers cardholder deals, rebates at over 680 retail outlets
These include partnerships with Cold Storage, CS Fresh, and 7-Eleven, amongst others.
Mizuho Bank began streaming prices on SGX FX
The bank aims to offer enhanced service and unprecedented access to real-time market data.
South Korea's average deposit, loan interest rates fell in May
Interest rate on new deposits fell 8 basis points from a month earlier.
JCB enables Apple Pay for Vietnamese cardholders
JCB cardholders from Vietcombank, MBBank, and VPBank will enjoy the new service.
Citi nabs Nomura senior MD as co-head of investment banking in Japan
Citi managing director Taiji Nagasaka will lead alongside new hire Akira Kiyota.
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