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BSP welcomes the Philippines' removal from AML/CFT grey list
BSP welcomes the Philippines' removal from AML/CFT grey list
The central bank said that it has strengthened its AML/CFT regime.
Here’s how UOB plans to grow its loans and ROE
The Singapore bank is relying on growth from its ASEAN 4 markets.
Nam A Bank to enjoy improved capital and profitability through 2026
Asset quality pressures are expected to moderate over the next 12-18 months.
SME loan exposure raises Bank Rakyat Indonesia’s asset risk
Profitability is also set to decrease in 2025, Moody’s said.
Trust Bank reaches 1 million customers, unveil TrustInvest
Its revenue is S$97m for 2024.
Bangkok Bank approves paying out $485m for dividends
The THB6.5 per ordinary share will be paid out on 9 May.
Japan Post Bank’s net income up 17% to $2.05b in Q3 FY2025/3
Net income per share is JPY85.26.
BEA’s profits up 11.9% to $591.9m in 2024
Operating profit before impairment losses is up 3%.
Kotak Mahindra Bank set for growth as RBI lifts restrictions
The Indian bank is allowed to onboard new customers and issue new credit cards.
HSBC’s profits rise in FY2024; total dividend is $0.87
The fourth interim dividend is $0.36 per share.
Mizuho Bank, GenZero ink MOU for transition credit-use
They aim to develop capital raising mechanisms that use the credits.
Endowus launches US dollar time deposit service in Hong Kong
Minimum service is US$10,000, and rates are updated daily.
BoCom to prioritize risk control, moderate loan book growth: S&P
Its loan book is projected to grow slower in 2024-2026.
MariBank launches new investment offering
The Mari Invest Income offers zero transaction fees with S$1 minimum investment.
Romance scams expose banks to reputational risks, fines: Moody’s
Romance scam-linked entities rose to a six-year high in 2024.
Hang Seng Bank profits up 3% to HK$18.38b in 2024
Earnings per share is HK$9.33; whilst total dividend is HK$6.8.
Thai banks’ lending dip 0.4% in Q4 2024
Central bank says there is need to monitor SMEs and households’ ability to repay debt
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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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