Retail Banking
SEA fintechs’ funding drops 22% to $776m in H1 2025
SEA fintechs’ funding drops 22% to $776m in H1 2025
Late-stage investments rose but seed stage and early-stage funding both fell.
Beyond the code: How mobile banking is weaving a new financial narrative in Asia
For too long, banks have treated their mobile apps as mere extensions of their physical branches.
Stablecoins bill brings stricter oversight, opportunity to Hong Kong
The digital tokens could support cross-border payments and smart escrow.
ANZ customers to spend $280m in Europe travel this summer
Hotel and airline bookings surged 11% in Jan-May 2025.
Weekly Global News Wrap: Santander to buy TSB; BPER increases BPSO
And India plans to withdraw $11.7b of excess liquidity worth from the banking system.
Banks in China, Australia see market caps rise in Q2 on falling interest rates
In contrast, Japanese megabanks and DBS saw their market caps fall.
Nearly 2 in 3 Hong Kongers hold a digital bank account
Respondents said digital banks outperform incumbents in account opening promotions.
Thailand’s SCB surpasses sustainable finance target
It has disbursed THb180b, already past the THB150b target.
Six banks penalized in Singapore for AML breaches
Credit Suisse’s fine also accounts for separate breaches related to US customer accounts.
EXIM India has strong solvency, although capital to moderate
It will enjoy strong funding access due to its government affiliation.
AusPayNet launches public consultation on account-to-account payments
They aim to identify current and future payment needs and expectations of users.
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.
Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia
Bangkok Bank, Permata Bank reiterates support for Thai investors entering Indonesia
Top Philippine banks’ strong capitalisation, liquidity a buffer for macro risks
Provisioning costs are expected to remain elevated as they expand their consumer loan books.
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.
South Korea's average deposit, loan interest rates fell in May
Interest rate on new deposits fell 8 basis points from a month earlier.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation