Staff Reporter
New Zealand to reopen ESAS applications in September
New Zealand to reopen ESAS applications in September
It is open to payment service providers, overseas deposit takers, and designated FMI operators.
Australia cancels credit licenses of seven entities
They failed to be a member of AFCA, or failed to lodge compliance certificates, amongst other reasons.
HKGX appoints China CITIC Bank International as settlement bank
The bank will provide HKGX services such as account opening for its members.
HSBC names Airport Authority HK chairman as new board member
Fred Lam Tin Fuk served as AAHK CEO from 2014-2024.
FInancial services hiring slows as consumer demand weakens
This marks the second consecutive quarter of declining confidence.
Indonesia consumer loan growth may slow as banks tighten risk rules
CGS International observed higher rejection rates and mortgage rate increases.
India liquidity support eases funding strain for banks
Margins will fall in the near-term, but pressures will ease as deposit costs fall.
New bad loan formation remains a key risk for China Everbright Bank
The bank has adequate buffers, with reserves covering 174.4% of its NPLs.
Citi teams up with Ant to improve airline FX solutions
The Falcon TST Model can predict future data points by learning patterns using AI.
Taiwan’s ATM, money transaction volumes outperform global averages
Over 93.3% of Taiwanese adults have a bank account, higher than 76.2% globally.
KEB Hana Ban’s problem loans rising, but profitability stable
Net interest margin will decline whilst credit costs will rise.
CIMB Group to maintain stable capital, liquidity, problem loans
Successful de-risking initiatives will support its ‘stable’ problem loans ratio.
Westpac eases home loan rules for self-employed Australians
It now requires only one year of income records, rather than the previous two.
Ant Int’l’s Antom upgrades AI agent
The Chargeback AI Assistant builds a tailored response based on automated case-by-case analysis.
BPI’s revenue up by 14% YoY to $1.6b in H1
It was driven by the 16.2% increase in net interest income.
Mashreq earns accolades at Asian Banking & Finance Retail Banking Awards 2025
The bank was honoured for being a trusted wealth partner for high-net-worth clients and for setting a new standard in digital wealth management.
Chinese yuan loans, deposits rose in H1 2025
Outstanding yuan loans grew 7.1% to $37.41t.
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