Staff Reporter
Thailand’s central bank names new deputy governor
Thailand’s central bank names new deputy governor
Suwannee Jatsadasak is now deputy governor, corporate development.
AEON Credit Service’s profit up 31.3% to US$13.9m in Q1
Earnings per share is 26.11 HK cents.
JCB cardholders can now use cards to ride Shanghai, Beijing subway systems
It can be used in all 21 Shanghai subway lines and 29 Beijing subway lines.
MAS fines five payment firms $960,000 for AML/CFT breaches
These breaches were uncovered during MAS' examinations for compliance.
HSBC GPB appoints Ann Ling as APAC head of wealth planning and advisory
She will take over her new role on 1 July 2025.
Jeonbuk Bank weighed by large unsecured personal loans
Profitability may decline through 2026 due to declining loan yields.
Bank Negara Indonesia to see continued NIM pressure in Q2
Loan growth should accelerate in H2 2025.
Lenders in Asia Pacific may seek safe havens on geopolitical, tariff woes
Automakers and part suppliers are feeling the most heat from the tariffs.
PBCOM appoints new treasury trading team head
Justin Labadan will begin in his new role on 1 July 2025.
Metrobank names Renato De Borja, Jr. as head of financial & control sector
He has been with Metrobank for over four years.
PBCOM declares cash dividend for the first time in 27 years
The bank has declared a PHP1 per share special cash dividend.
Fintech solutions must be tailored to keep pace with evolving customer needs – Kearney’s Kevin Kwek
He emphasised that balancing innovation with sustainability is now key to fintech’s growth trajectory.
Nomura AM names Terence Lam as head of distribution for Asia ex. Japan
He brings over 25 years of experience in the asset management industry.
Differentiated commercial strategies: The key to banking competitiveness in Asia – Simon-Kucher’s Silvio Struebi
He discusses transformation, commercial strategy, and innovation in the region’s financial sector.
IndoStar gains approvals to sell Niwas Housing Finance for $203.7m
It secured an NOC from the National Housing Bank.
Malaysia’s digital banks face costlier and slower-than-expected loan growth
They may temper deposit-gathering efforts as a result, a positive for incumbents.
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1. Mizuho to acquire majority of Upsider’s shares for $309.8m 2. Singapore launches electronic deferred payments to ease cheque phase-out 3. NAB invests $55m to upgrade over 100 branches across Australia 4. Airwallex gains capital markets services license in Singapore 5. SMBC appoints Joy Kwek to lead capital markets & solutions in APACResource Center
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