Staff Reporter
RBI lifts lending restrictions of Arohan Financial Services Limited, Kolkata
RBI lifts lending restrictions of Arohan Financial Services Limited, Kolkata
The company initiated remedial action and submitted its various compliances to the central bank.
Taiwan, Lithuania ink MOU for financial services innovation
They agree to exchange information on emerging market trends and relevant regulatory issues.
MUFG Bank reorganizes overseas securities subsidiaries
Three securities firms will now become direct subsidiaries of the bank.
Lawrence Goh is NETS’ newest UOB board representative
He is head of group technology and operations at UOB.
DBS Bank India names Rajat Verma as CEO
Verma will succeed Surojit Shome, who is retiring on 28 February.
Thai banks’ Q4 profit slated for 20% growth with portfolio cleanup
Kiatnakin Phatra Bank, Tisco may see a rise in credit costs, an analyst said.
Etiqa, Maybank launch Singapore's first Takaful in 10 years
The plan combines ethical investment options with flexible wealth accumulation.
OCBC Hong Kong sells 33% stake in Hong Kong Life
Yue Xiu Enterprises (Holdings) bought the stake from the bank.
Asia's manufacturing rebounds in November with strongest growth in over 3 years
China and India led this surge as manufacturers ramped up production to meet stronger orders.
It’s the most wonderful time of the year!
We’re taking the time off and will be back on 6 January 2024.
Sri Lanka and Vietnam banks to boost 2025 financials
Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth
Philippine banks’ costs to rise; Singapore lenders face slower profit growth
Singapore banks’ net interest margins have already peaked in 2024.
What's in store for payments in 2025?
In emerging markets, digital wallets are evolving into bank account substitutes.
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
Slower credit growth on the horizon for Cambodian lenders
Earlier covenant breaches will continue to be a problem for some of the banks.
Bangladeshi banks’ weak profitability to continue in 2025: analyst
Asset quality will be challenged by weak lending standards and foreclosure laws.
Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities
Google Cloud’s data encryption will help safeguard the bank’s AI models.
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1. DBS and UOB earnings to show impact of SORA, credit costs 2. SMBC appoints Joy Kwek to lead capital markets & solutions in APAC 3. HSBC’s Q2 results ‘solid’ despite BoCom loss and Hang Seng’s weak profits 4. BCA Digital’s banking app tops 3 million users 5. DANA cuts gambling with real-time detectionResource Center
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