Retail Banking
Singapore and Japan renew bilateral swap arrangement
They can exchange local currencies of up to S$15b or JPY1.1t.
CIMB’s net profit up 2.34% to $502.6m in Q3
Non-interest income rose by over 20% during the quarter.
ICBC to meet increased capital req’s after G-SIB upgrade: S&P
Its 21.52% TLAC already exceeds the new minimum requirement
Banks struggle to keep pace as fintechs scale agentic AI
Most incumbent initiatives are defined by narrower applications.
Singapore’s fintechs see mismatch between talent and hiring demand
Startups and scale-ups are the biggest employers whilst talent comes from MNCs.
This week in finance: CIMB Singapore's new card for sole proprietors; banks' real estate woes; in-app chat services heat up
GoTyme Bank is now compatible with Google Pay.
GoTyme Bank rolls out crypto investment services in the Philippines
Customers can invest in 11 cryptos without registering on a third-party platform.
Malaysia’s GXBank facilitated 220 million transactions in 2025
The bank has also disbursed about MYR25m to MSMEs via GX FlexiLoan.
APAC DM banks take on more risk as margins shrink
Aussie banks are growing their SME exposure whilst other banks are expanding overseas.
Citi boost FX team in Japan, JANA, and Asia South with new hires
New hires include a head of corporate FX sales in India and three director-level hires.
China Zheshang Bank credit costs to stay elevated over next two years
Loans to the property sector and inclusive finance will remain problems.
GoTyme Bank now compatible with Google Pay
Customers can pay without entering card details whenever there’s a Google Pay button.
CIMB's new card gives 114-day interest-free drawdowns to small businesses
It offers 114 days interest-free period for working capital loans.
RBI begins linking payments system with Europe’s instant payment settlement
The proposed linkage is expected to facilitate cross-border remittances.
BSP says customers can still withdraw over $8,750 without delays
Customers will need to show a legitimate purpose of withdrawal.
8 in 10 young Aussies suffered financial difficulties in 2025
Just 30% think they will afford a comfortable place to live in the next 12 months.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation