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Bank Mandiri’s interest margin upper target 'challenging' to attain
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.
Philippine thrift banks grew total assets by 6% to $19.5b t in 2024
Lending activities rose by 14.7% during the year.
Chart of the Week: HK credit and charge card market to reach $132.4b
Banks are rolling out new services, such as a mobile virtual card and a dual-currency card.
CommBank deploys AI-powered bots to fight scams
The bots engage scammers, gather intelligence, and disrupt scam operations, it said.
ANZ’s group executive for technology and group services is retiring
Gerard Florian will pursue a “non-executive career”, the statement said.
Krungsri unveils corporate banking plans in ASEAN
It affirmed its desire to support Japanese corporations operating in Thailand.
Thailand’s central bank names new deputy governor
Suwannee Jatsadasak is now deputy governor, corporate development.
AEON Credit Service’s profit up 31.3% to US$13.9m in Q1
Earnings per share is 26.11 HK cents.
JCB cardholders can now use cards to ride Shanghai, Beijing subway systems
It can be used in all 21 Shanghai subway lines and 29 Beijing subway lines.
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
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It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance