News

Finance workers expose data by using personal apps: report

ChatGPT ranked 8th amongst the most common platforms for such violations.

Taiwanese banks’ total outstanding loans rise to $11.89b in Jan

The NPL ratio rose to 0.16% and NPL coverage ratio fell.

DBS CEO Piyush Gupta earned $17.58m in 2024

About $9.35m of this is a deferred award, of which 17.1% will be in cash.

Razorpay rolls out payments platform to Singapore

It offers AI agents and a magic check-out service.

Australia’s G&C, Unity Bank officially merge

G&C will maintain a strong capital position but faces integration risks, S&P said.

Hong Kong’s uFinance offers student loans to college students

They can borrow up to $21,050 per semester, at an interest rate of 6%.

Philippine bank lending rises on higher credit card, motor loan demand

Lending to key industries such as real estate and retail trade also rose.

Citi Indonesia names Wit Oemar as head of corporate banking

He is one of the founding members of Citi Commercial Bank in Indonesia.

Proposed capital injection to help Chinese megabanks expand loans

It will mitigate pressure from weakening internal capital generation, S&P said.

Smartpay, Chubb launch embedded insurance in Japan

Cashless payments account for 50% of consumer monthly spending in Japan.

CIMB launches 6-year roadmap to enhance operations

Forward30 aims to position CIMB for long-term growth.

DBS boosts sustainable financing to $89b in 2024

Customers invested over S$42m in sustainable funds.

PAObank secures insurance agency licence

It also inked a deal with China Ping An Insurance and FWD Hong Kong.

Prudential, StanChart cement 25 years of bancassurance tie-up

They have the longest-running bancassurance partnership in Singapore and Asia.

CommBank adds extra confirmation step for NetBank logins

Customers using the CommBank app will be prompted for confirmation.