News
PAObank extends 16% rate promo on HKD time deposits to July 31
PAObank extends 16% rate promo on HKD time deposits to July 31
The first HK$50,000 time deposit will enjoy the promo rate.
EXIM India has strong solvency, although capital to moderate
It will enjoy strong funding access due to its government affiliation.
AusPayNet launches public consultation on account-to-account payments
They aim to identify current and future payment needs and expectations of users.
UOB signs MoUs to support business expansion across ASEAN
These partnerships aim to enhance trade, investment, and the internationalisation of Singapore enterprises.
Singapore fraud losses rise as APP scams take over
The report revealed human-initiated attacks in Singapore surged by 30% YoY, even as automated bot attacks declined by 27%.
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.
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1. India’s Federal Bank rolls out biometric card payments for e-commerce 2. DBS launches digital voucher system through Paylah platform 3. DBS launches gen-AI coaching tool for employees 4. UOB clinches accolades at Asian Banking & Finance Corporate & Investment Banking Awards 2025 5. HSBC Global Private Banking scales up SEA and Australia teamsResource Center
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