News
Taiwan approves BNP Paribas to offer wealth management services
Taiwan approves BNP Paribas to offer wealth management services
The branch has implemented a program to enhance the expertise of its personnel.
IndoStar gains approvals to sell Niwas Housing Finance for $203.7m
It secured an NOC from the National Housing Bank.
Malaysia’s digital banks face costlier and slower-than-expected loan growth
They may temper deposit-gathering efforts as a result, a positive for incumbents.
UnionBank raises $282.5m in fixed rate bonds
It plans to use the proceeds to extend term liabilities, expand funding base, etcetera.
SMBC becomes strategic partner of TOMODACHI Initiative leadership program
The next program will involve 20 university undergraduate students in Japan.
Kyongnam Bank likely to maintain good funding through 2026: Moody’s
But construction and retail sector loans may be a weakness.
Busan Bank’s asset quality and profitability poised to further weaken: report
It should maintain a strong funding structure thanks to its deposit base, however.
NAB nabs Llyods UK banker as new group chief for digital, data, AI
Pete Steel previously spent 16 years at the Commonwealth Bank of Australia.
Ping An Bank to maintain moderate profitability: Moody’s
Its write-offs and derisking of asset mix will keep asset quality stable.
Thailand’s SCBX names Arak Sutivong as next CEO
Incumbent CEO Arthid Nanthawithaya’s term will conclude on 31 December 2026.
Krungsri and Schneider Electric promote energy efficiency in SMEs
They will develop advanced energy technologies alongside financial solutions in Thailand.
India’s banks poised for growth despite margin and cost pressures
Impaired loans ratio and credit costs for most banks have bottomed, Fitch said.
SCB extends $537.6m credit for SC Asset’s 17 premium housing projects
The bank sees opportunities in high-potential segments in the housing market.
India lowers priority sector lending obligation of small finance banks
It is now just 60% overall, although flexible allocation is now just 20%.
Citi names Nathan Swami as head of markets for Singapore
Smith Smithangura is retiring by the end of June 2025.
Japan’s SMBC invests in biotechnology fund
ANV aims to create global biotech companies of Japanese origin.
Natixis CIB to establish banking branch in Japan
Its Tokyo branch had operated under a money lending license for three years.
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