Staff Reporter
South Korean banks’ delinquency rate fell in Sept 2024
South Korean banks’ delinquency rate fell in Sept 2024
The volume of newly delinquent loans shrank KRW0.5t during the month.
Philippine banking assoc unveil new interest rate swap market
The central bank expects PESO IRS to boost transactions.
South Korean banks' income falls by 13.9% to $4.43b in Q3 2024
Return on assets stood at 0.65%.
India’s central bank warns against deepfake videos involving governor
The videos claim that its governor supports investment schemes.
Japan Post Bank posts $1.44b net income for H1 FY2025/3
This is 22.3% higher than the H1 period in FY2024/3.
SMFG reports $4.86b profit for H1 FY2024
Earnings per share (diluted) is JPY184.72 for the period.
Morgan Stanley opens Southeast Asia headquarters in Singapore
It spans 107,000 sq ft across five floors.
OCBC taps Citi alt chief executive to lead Hong Kong consumer and wealth businesses
Josephine Lee had served as wealth head for retail banking in Citi Hong Kong.
Mongolian banks to benefit from government’s improve support capacity
Eight banks retained their stable outlooks, according to Moody’s Ratings.
Six Bangladeshi banks grapple with higher NPLs and gov’t risks
Three banks will see more BNPLs; two banks face deteriorating asset quality.
Southeast Asia’s BNPL market to reach $53.2b by 2027
Malaysia, the Philippines, and Indonesia are the most promising markets.\
Atome Financial clinches $200m facility for SEA expansion plans
The digital payments platform reported that it turned EBITDA positive in Q1.
Norinchukin Bank reports JPY893.9b in losses for H1 FY2024
Its capital ratios have increased.
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
The deposits and withdrawals will be facilitated by local bank DBS.
India’s deposits surpass loan growth in Oct-Nov 2024
Higher term rates helped push up deposits, according to CareEdge.
Indonesian banks to see less intense loan competition in 2025
Banks are looking to solidify their market share.
Export-Import Bank of Thailand faces elevated asset quality risk, profit pressures
Its gross NPL ratio rose whilst profitability declined in the first half of 2024.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
