News
HK’s young affluent families eye HK$18m in savings, but lack plans
HK’s young affluent families eye HK$18m in savings, but lack plans
Only a third of respondents have financial strategies to meet their needs.
Standard Chartered unveils cross-currency transaction FX solution
It offers competitive FX pricing and an automated FX payment service.
Fintech JuanHand disbursed $772m in over 20 million loans
The fintech’s average repeat rate is at 90%.
QR payments value to exceed $8t in 2029
Standardisation of national QR schemes and Apple’s NFC are key factors that will influence this space.
EWA fintech Payd raises $400,000 in seed extension round
Its Malaysian partners include McDonald’s, Starbucks, and Banyan Tree.
Bank Mandiri slated for lower interest margins in 2025: analyst
But asset quality will improve thanks to new retail loans having better quality.
Bank Central Asia profitability, asset quality to be stable in 2025: analyst
Capitalization and liquidity may decline, however.
Overall loan demand in India to “moderate” in Jan-Mar 2025: survey
Terms and conditions for the mining sector are expected to become stricter.
China, Indonesia renew bilateral swap agreement
The agreement is valid for 5 years.
Norinchukin Bank enhances CET-1, Tier 2 capital
The move comes with “strong support” from its member cooperatives, the Japanese bank said.
DBS’ 2024 net profit up 11%; plans quarterly capital return dividend
DBS will also set aside S$32m for a one-time bonus of S$1,000 to all staff.
Xtransfer ink MOU to offer cross-border financial services to African SMEs
Xtransfer will make use of Ecobank Group’s network in the continent.
Netbank partners with Jia Financing to offer SME loans
Jia will assign their invoice financing loans to Netbank.
Bank Negara Indonesia profitability to hover at 1.8% to 1.9% in 2025
Credit costs are expected to remain modest at the current 1.3% level.
Hong Kong green financing steering group unveils 2025 priorities
The group group is led by the HKMA and the SFC.
Ant International names Jiang-Ming Yang as chief innovation officer
Yang led development of A+ Rewards, CoPilot, and EasySafePay for Antom.
Singapore named 9th best city for fintech startups globally
Bangalore ranked 5th and New Delhi was 10th globally.
Thought Leadership Centre
Most Read
1. MAS cracks down on influencers promoting financial products 2. OCBC to enable scan and pay on all China merchant QRs by Q1 2026 3. MAS expands Ripple’s scope of payment activities in Singapore 4. DANA Indonesia launches verified digital wallet for teens 5. HitPay and Visa to expand Philippine SMEs’ payment acceptanceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
02
Events
Event News
Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
