Staff Reporter
Bangkok Bank’s net profit up 19.9% to $380.29m in Q1
Bangkok Bank’s net profit up 19.9% to $380.29m in Q1
Total loans and deposits logged single digit increases during the quarter.
SCB X reports 10.8% higher net profit of $375.66m for Q1
Net interest income fell but fees and other income rose.
Japan’s Chugoku Bank sees improving profitability: Moody's
Rapid loan growth and US tariffs may lead to loan quality deteriorating, it warned.
Nomura to buy Macquarie's US and EU asset mgmt business for $1.8b
Nomura’s AUM is expected to be $770b after completion of the sale.
Syfe to acquire Aussie investment platform Selfwealth
Selfwealth will delist from the ASX and begin privately trading as Selfwealth by Syfe.
Taiwan’s SME loans rise in Feb whilst bad loan ratio falls
Loans extended to SMEs by domestic banks are 64.19% of all its loans to enterprises.
PH central bank, IFC to promote movable asset finance
Borrowers can secure loans using inventories, receivables, and equipment.
DBS and OCBC expected to report lower margin in Q1 on SORA easing
Both banks’ asset qualities could deteriorate in the second half of 2025, an analyst said.
Taiwan’s FSC names new deputy director general of the banking bureau
Wang was deputy director general of the financial examination bureau.
India’s InCred Wealth names head for family office business
The wealth management firm will offer tailored solutions to UHNWIs and business families.
CIMB pledges S$2.98b to support Johor-Singapore SEZ
The platform offers tailored support services including fast-track account setup, regulatory guidance, and banking solution.
YouTrip launches MYR wallet and offers free weekend shuttle service
Users will have to prebook slots for the shuttle services.
Revolut rolls out five new currencies including Chinese Yuan
Users can now hold and exchange 39 different currencies directly in-app.
Philippine National Bank improves profitability on cost management
It has a very high liquidity coverage ratio of 255% as of end-2024.
Security Bank’s buffers decline on loan growth and upcoming stake acquisition
Its capitalisation is expected to fall below 13% in 2025.
Singapore banks’ dividends to weather economic and global trade woes
DBS and OCBC are expected to hold their dividends steady in 2025.
Ant International boosts SME treasury tools with World Card launch
The physical card will be launched later this year.
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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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