Staff Reporter

South Korea's household loans up 0.9% in Q3

South Korea's household loans up 0.9% in Q3

Total outstanding household credits was $1.28t as of end-September 2024.

South Korean banks’ delinquency rate fell in Sept 2024

The volume of newly delinquent loans shrank KRW0.5t during the month.

Philippine banking assoc unveil new interest rate swap market

The central bank expects PESO IRS to boost transactions.

India’s central bank warns against deepfake videos involving governor

The videos claim that its governor supports investment schemes.

Japan Post Bank posts $1.44b net income for H1 FY2025/3

This is 22.3% higher than the H1 period in FY2024/3.

SMFG reports $4.86b profit for H1 FY2024

Earnings per share (diluted) is JPY184.72 for the period.

OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses

Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.

Mongolian banks to benefit from government’s improve support capacity

Eight banks retained their stable outlooks, according to Moody’s Ratings.

Six Bangladeshi banks grapple with higher NPLs and gov’t risks

Three banks will see more BNPLs; two banks face deteriorating asset quality.

Southeast Asia’s BNPL market to reach $53.2b by 2027

Malaysia, the Philippines, and Indonesia are the most promising markets.\

Atome Financial clinches $200m facility for SEA expansion plans

The digital payments platform reported that it turned EBITDA positive in Q1.

Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals

The deposits and withdrawals will be facilitated by local bank DBS.

India’s deposits surpass loan growth in Oct-Nov 2024

Higher term rates helped push up deposits, according to CareEdge.

Indonesian banks to see less intense loan competition in 2025

Banks are looking to solidify their market share.