Staff Reporter

Looking ahead to 2025, Moody’s said banks may expect mid- to high-single-digit loan growth.

Interest income rose 27.9% in 2024.

Credit offtake of public banks outpaced private banks.

Loan loss coverage ratio dipped to 128.6% from 129% previously.

The size of the BSA remains unchanged at $75b.

It has no minimum balance requirement and no monthly subscription fees.

Four new key appointments have been made.

DeepSeek’s lower cost will widen gen AI access in the banking sector, S&P said.

Imagine a future where your bank is not just a financial institution but a sentient, adaptive entity that anticipates your every financial need before you even realise it. 

Enhanced risk management will reduce risk of losses and earnings volatility.

Total gross loans rose 15% due to strong demand.

The three banks stand to see growth opportunities in the Johor- Singapore SEZ.

The fund aims to establish startups as well as develop and launch new drugs.

SCB CEO expects Thai assets to exceed $1t by 2028.

Cardholders can earn up to 26,000 points when spending HK$25,000 within the first 5 months of issuance.

It is one of the first banks to participate in the facility.