Staff Reporter

NAB underlying net profit jumps 12% to $3.1b in Q1

This was driven by the strong performance of its customer facing divisions.

Chinese banks slash USD bond exposure to 85%

Banks are increasing bond investments in the Euro and likely the AUD, said BofA.

Fintech expands SME credit as 72.9% see growth impact

SMEs make up over 90% of businesses across Asia yet face constrained traditional financing.

DBS pilots Visa Intelligent Commerce for agent-initiated payments

Pilot tests AI agents completing everyday purchases using issuer-controlled payment flows.

Chinese banks miss Hong Kong stablecoin opportunities as rules tighten

China is likely to push the e-CNY as it extends stablecoin restrictions to offshore.

South Korea lending rate to fall to 3.16% by 2028

Borrowing costs will extend their downward trend after a 21%  drop in 2023.

Philippine cash remittances hit record $3.52b in December

Full-year inflows and personal remittances both hit an all-time high.

Australia’s BEN to see low credit losses but at risk from housing shock: S&P

Operating efficiency will likely continue to improve on digital investments.

Mizuho FG’s CET1 ratio climbs to 13.76% as capital base grows

The megabank earlier announced that it has achieved 90% of its profit target.

BEA’s profit down 24% to $447.87m in 2025 as China losses mount

Commercial real estate (CRE) accounted for 77% of BEA’s loan loss provisions.

Japanese banks face bond yield shocks as yields hit 2.23%

Megabanks should be able to handle the near-term losses, said Fitch.

BNPL drives embedded finance as 51% report 25% revenue lift

40% said average order value rose 25% or more in the same survey

Alipay’s agentic-powered AI Pay exceeds 120 million transactions

AI Pay is being used by Luckin Coffee and Rokid, amongst others.

Japan’s PayPay files for Nasdaq IPO

A public offering of the American depositary shares is also planned.

MariBank links remittances to Weixin Pay via TenPay Global

Users can send salaries and savings via MariBank Overseas Transfers.

APAC fintech exits hit $8.8b in H2 2025 as Hong Kong IPOs rebound

In contrast, IPO activity in Australia was “dry”, said KPMG.