News

SBI loan growth to hit 12% in 2025 whilst capitalisation to improve

Partial stake sale in Yes Bank will improve core capital ratio further.

Lendela, TransUnion roll out free credit data checking tool in Hong Kong

Hong Kong consumers can check their credit score at no cost.

Techcombank’s profit down 1.48% to $472.75m in H1 2025

Net interest income fell, but net interest margin registered a slight increase.

HSBC Global Private Banking scales up SEA and Australia teams

It has appointed Joanne Ng as new desk head for its Singapore team.

DBS launches gen-AI coaching tool for employees

Guidance will be tailored based on employees’ role and internal mobility pathways.

China CITIC Bank International to launch Payment Connect services

First 1,000 customers to complete transactions worth HK$1,000 can get a rebate.

Shaping the Future of Financial Services: ABF & IA Summit 2025 Heads to Singapore

Leading voices from Google, HSBC Life, and GXS Bank will come together on 25 September to discuss critical issues shaping the banking and insurance industries.

DBS launches digital voucher system through Paylah platform

Programmable Rewards is aimed at companies and public agencies seeking to streamline campaigns, among others.

India’s Axis Bank face higher credit costs and margin pressures

It logged more slippages or bad loans due to reclassification.

TMBThanachart Bank’s dividend payout likely at 65% for 2025

But rising NPLs in auto loans and unsecured consumer loans can be a problem.

New Zealand to reopen ESAS applications in September

It is open to payment service providers, overseas deposit takers, and designated FMI operators.

Australia cancels credit licenses of seven entities

They failed to be a member of AFCA, or failed to lodge compliance certificates, amongst other reasons.

HKGX appoints China CITIC Bank International as settlement bank

The bank will provide HKGX services such as account opening for its members.

HSBC names Airport Authority HK chairman as new board member

Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.

FInancial services hiring slows as consumer demand weakens

This marks the second consecutive quarter of declining confidence.