Retail Banking
Philippine central bank eyes new rules to tackle online gambling
Philippine central bank eyes new rules to tackle online gambling
It will include daily limits to gambling-related transfers and time-based restrictions.
Indonesia, Malaysia, Thailand name new banks for local currency transaction framework
The banks will facilitate cross-border settlement of trade and investment.
Chinese banks to see only mild impact from tax on bond interest income
The policy is also likely to increase the financing cost of banks for issuing new bonds.
Cathay United Bank to make its debut in Japan with Tokyo branch
It plans to assist Taiwanese companies expanding in the market.
HDBank’s profit after tax up 24.26% to $306.28m in H1
The bank cited its digital transformation, credit growth, and risk management.
1 in 3 financial institutions in Taiwan have adopted AI
87% of banks have adopted AI.
Banks explore stablecoins as digital currency gains traction
The future of banking deposits is changing due to the growth of stablecoins.
Banks target 2030 cost cuts through transformation efforts
About 1 in 3 see embedding AI as a way to transform their organizations.
Security Bank taps employee stories to boost loyalty
The Philippine lender’s #YouMatter campaign aims to humanize the brand.
Taiwanese investors adopt conservative strategies in 2025: survey
Saving and wealth accumulation remains the top goal amongst the 9,000 respondents.
MUFG’s profits down 1.8% to $3.71b in Q1 FY2025
Ordinary income declined 7.7% from a year earlier.
Citi expands JANA and Asia South teams with new senior hires
In-house banker Adrian Khoo has been named co-head of DCM for JANA and Asia South.
Malaysian banks’ has healthy liquidity buffers, lower impaired loans in June
Aggregate liquidity coverage ratio is 160.6%.
BDO Unibank’s earnings trimmed on higher opex and provisions
The bank’s opex rose 14% in Q2, whilst impairment loss provisions climbed 38%.
Financial complaints surpass 100,000 in Australia in 2024-25
Banking and finance related complaints fell 9% on declining scam-related complaints.
Malaysian banks’ loan loss provisioning to rise in Q2 but will be largely stable
GILs rose in May but declined in June, as corporates likely made repayments.
AEON Bank, foodpanda eyes raising digital banking adoption amongst riders, merchants
They will collaborate in customer acquisition and digital financing, amongst others.
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies