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Mizuho to make additional $4.74m cash contribution into Trust company
Mizuho to make additional $4.74m cash contribution into Trust company
It plans to acquire a maximum of 197,000 shares.
HDFC Bank revamps Biz+ Current Accounts with four tiers
It offers businesses cash deposit limits, insurance, and special offers, amongst others.
Mizuho teams up with Mercer to offer outsourced CIO services in Japan
Mizuho’s Asset Management One will provide the services.
Citi strengthens ANZ team with Jefferies, JP Morgan, Credit Agricole hires
Paul Buys joins from Canaccord Genuity as head of research for Australia and New Zealand.
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
Hang Seng Bank’s credit card holders can use +FUN Dollars at 150,000 merchants
Customers can earn extra +FUN Dollars of up to HK$1,200 in value.
Weaker rupiah won’t weight much on Indonesian banks
There is a limited mismatch between their deposits and FX loans, says Fitch.
Islamic finance assets to reach $7.5t by 2028
Bank accounts make up 70% of the total assets.
BofA expands Nicole Waaka’s role as head of GPS Australia Corporate Sales
Waaka will be part of the GPS Asia Pacific Senior Leadership Team.
Arta Finance partners with IAFA to give investors exclusive investment
IAFA will use Arta's AI tools.
Krungsri to power payments of Thailand’s export-import certificate issuances
Users no longer need to physically visit service centers.
Maybank facilitates $545m in investments into Johor-Singapore SEZ
It has facilitated submission of Letters of Intent by Thomson Medical Group, etc.
Chinabank’s net income up 10% to $116.8b in Q1 2025
Net interest income and total assets both grew double digits during the quarter.
Malaysia’s lending grew by 5.5% in Q1 2025
Household loans grew by 6% during the quarter.
BDO Network Bank is officially a thrift bank
It has secured regulatory approvals to convert from a rural bank.
Philippine bankers’ orgs ink MOU to improve banking skills
They will promote seminars, conferences, conventions, and training programs.
Embedded finance platform Credilinq closes $8.5m Series A funding round
It plans to expand to the US, and eventually the UK and Australia.
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1. DBS partners with Austrade to help Australian companies expand into SEA 2. BTN pitches Indonesia’s subsidized mortgage scheme as a sustainable finance model 3. ASIC issues warning to influencers promoting high-risk financial products 4. MUFG invests in May Mobility for autonomous vehicle deployment 5. MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025Resource Center
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He advises that fintechs must align tech investments with business goals and evolving customer expectations.
