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Alipay’s QR payment tap solution surpasses 100 million users
Alipay’s QR payment tap solution surpasses 100 million users
Ant Group said that it is investing CNY10b to grow the Alipay Tap! ecosystem.
4 days ago
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
5 days ago
Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025
Benefits such as rewards points, discounts, and cashbacks helped push for its growth.
5 days ago
Trade tension woes may hurt Chongqing Rural Comm Bank’s net profits
The bank’s EPS may fall by 1.8% or grow by as much as 1.5% this year.
5 days ago
ANZ names Chris Raciti as country head of ANZ Singapore
He will also have oversight for eight markets in SEA, India, and the Middle East.
5 days ago
Kiatnakin Phatra Bank can reduce losses on sale of repossessed vehicles
Net profit fell by 30% to THB1.06b in Q1 2025.
5 days ago
Japan’s Chiba Bank to maintain strong long quality, profitability: Moody’s
Its NPL ratio is lower than the average of large regional banks in the country.
5 days ago
Bank Central Asia’s low costs, strong liquidity steadies earnings growth
Ample liquidity and low funding costs will optimise its returns, Maybank Securities said.
5 days ago
Payment infrastructure provider Juspay offers new office in Singapore
It shared plans to scale its Singapore team.
5 days ago
BPI’s net income up 9% to $293.2m in Q1
The Philippine-based bank reported higher non-interest income and total revenue.
6 days ago
Japan Post Bank to begin offering disaster recovery housing loans
The 41 branches with a loan service department will begin offering the service.
6 days ago
Bank of America appoints Phil Carmalt as head of APAC GPS
Carmalt joins from DBS Hong Kong.
6 days ago
TMBThanachart Bank may see loans contract by 1.7% in 2025
Its Q1 net profit dropped 5% compared to the same quarter in 2024.
6 days ago
VPBank has enough buffers against asset risk: Moody’s
It has a ‘sizeable’ exposure to the real estate sector and tariffs may impact the economy.
6 days ago
Krung Thai Bank reports flat net profit growth in Q1
Net interest income and non-interest income were higher than a year ago.
6 days ago
Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans
Its problem loan ratio is expected to remain at the 6% to 7% range in 2025.
Bank of Ayudhya’s net profit up 20% to $226.9m in Q1
Corporate loans grew by 4.7% during the quarter although SME and retail loans contracted.
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1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Bank of America appoints Phil Carmalt as head of APAC GPS 4. HSBC Singapore unveils wealth centre at The Star Vista mall 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
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