Staff Reporter
APAC card payments markets to grow 4.3% to $24.7t in 2025
APAC card payments markets to grow 4.3% to $24.7t in 2025
South Asia and SEA countries are skipping cards for mobile wallets, however.
Alliance Bank’s net profit up 11.1% to $46.6m in Q4
For FY3/26, DPS may rise to MYR0.27 and net profit to $200.6m.
India’s consumer lending growth slows in 2025
Consumer demand for mortgages and personal loans will be dampened, it said.
KakaoPay Corp’s profits may more than double market estimates by 2027
CGS International expects KKP Securities to turn profitable in the current year.
Australia’s digital wallet market to surpass $130b in 2025
Increasing use of QR and NFCC payments are supporting this growth.
India’s Saarathi Finance raises $55.5m in funding round
The NBFC plans to lend to MSMEs.
Hong Leong Bank’s net profit down 9.36% to $223.41m in Q3 FY2025
Its profit for the first nine months of the fiscal year is up 0.71%.
India’s gov’t owned NBFIs to further grow market share
Loan growth for such entities is expected to be 15% per annum in the next two years.
OCBC names Elaine Heng as head of global commercial banking
Tan Yuen Siang will join the global wholesale banking leadership team.
HSBC cuts dozens of analyst jobs in investment banking overhaul: report
Most of the cuts were in Europe, a source said.
Less than half of Aussie firms adopting real-time payments: survey
About 2 in 3 believe that finance tech providers will shoulder the responsibility of assistance.
China and Indonesia expand scope of bilateral transaction cooperation
They will establish a framework to promote bilateral transactions in local currencies.
Japan Post Bank logs $2.86b net income for FY2025/3
The dividend is JPY58, with a dividend payout ratio of 50.6%.
Banking sector bucked trend with job posting increase in Q1
Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.
SMFG to merge cloud service Sustana in business partner Asuene’s products
Sustana provides the Japanese bank’s clients calculations of GHG emissions.
Indonesia’s Eximbank to maintain ‘robust’ capitalisation
But its high stock of problem loans will continue to weigh on its net interest margin.
BDO’s asset quality stable whilst funding, liquidity its ‘key strengths’: Moody’s
Problem loan ratio coverage is one of the strongest in the Philippines.
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