News
UBS net earnings dwindles to $5.1b in FY 2024, revenues up globally
UBS net earnings dwindles to $5.1b in FY 2024, revenues up globally
Asia operations pencilled a profit before tax of $271m
SG, Indonesia FinTech startups funding decline in 2024
Singapore tech startups raised $2.1b whilst Indonesia funding declined by 75%.
Alipay overseas transactions spike 30% amidst new year festivities
Singapore registered the fastest growth of 56% YoY.
BSP, Royal Canadian Mint ink MoU on currency management
It outlined key areas of cooperation including technology exchange.
HSBC, Delta Capita collaborate on post-trade services
Delta Capita established operational hubs in Kuala Lumpur and Manila.
Euroclear Bank secures Singapore branch licence
It will operate under a wholesale banking licence.
Most MSMEs in Asia seek bank loans first, but success rate remains low at 57%
Amongst all funding options, microfinance institutions had the highest success rate.
Aozora Bank's Q3 profit soars 90.2% to ¥90.2b
Thanks to the improvement in net interest income.
ICICI Bank’s net profit up by 14.8% YoY to $1.4b in Q3
Its domestic loan portfolio also grew by 15.1%.
BPI’s net income increases by 20% YoY to $1.06b
Revenue stood at $2.9b (PHP170.1b), up by 23%.
Thailand’s digital lending growth demands better credit risk models
New approaches to credit risk assessment are crucial for financial inclusion and innovation.
New Policy Pulse details efforts to achieve HK’s financial hub status
It provides an overview of the developments and achievements of HK’s financial services in recent years.
India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal
The collaboration will leverage IPPB’s network of 650 banking outlets.
Philippine Crop Insurance to disburse farmer payments via GCash
Farmers no longer required to visit PCIC offices.
Banked, NAB launch Pay by Bank payments on Amazon Australia
This allows customers to pay directly from their bank accounts.
Thai banks have room to improve costs, loans in 2025: UOBKH
But loans extended to SMEs will continue to remain sluggish in quality.
Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock
It identified consumer payments and value-added services amongst its growth levers.
Thought Leadership Centre
Most Read
1. MAS cracks down on influencers promoting financial products 2. MAS expands Ripple’s scope of payment activities in Singapore 3. HitPay and Visa to expand Philippine SMEs’ payment acceptance 4. Tencent’s TenPay Global opens WeChat mini programs to overseas wallets 5. DBS sees tokenised finance as futureResource 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.
