Staff Reporter
Westpac names Carolyn McCann as chief executive, consumer
Westpac names Carolyn McCann as chief executive, consumer
McCann was previous group executive for customer and corporate services.
CBA partners with OpenAI for scam and fraud detection, personalised services
CBA employees will progressively get access to OpenAI’s AI tools.
SoKor, Vietnam central banks ink MOU to strengthen cooperation
It specifies areas of cooperation in greater detail, the BOK said.
Alipay+ links with Kaspi.kz for cross-border payments in Kazakhstan
12 Alipay+ e-wallets can now scan-to-pay via Kaspi QR.
Taiwan banks’ loans rise in June as bad debts edge lower
Average NPL ratio dipped 0.01 ppt to 0.15%.
Malaysia’s SME Bank sees 158% increase in entrepreneurs financed in H1
About 1,632 have benefitted from the Maju Usahawan MADANI programme.
Citi names Jig Patel as head of prime finance for JANA and Asia SouthB
Patel will be based in Hong Kong.
Techcombank names Jens Lottner as CEO for a second term
Lottner’s term, which takes effect on 18 August 2025, will be up to 2030.
UOB strengthened deposit franchise, saw more bad loans in Q2
Its NPL formation was elevated in Q2, according to UOB Kay Hian.
PH central bank names new deputy governor for financial supervisory
Lyn Javier succeeded Chuchi Fonacier, who retired on 1 August 2025.
Krungthai Bank and partners establish virtual lender Clicx Bank
Clicx Bank has a registered capital of THB50m to start.
PSBank’s net income at $37.85m in H1 on loan book growth
Core revenues rose 7%, and operating expenses declined by 2%.
Philippine Business Bank’s net income at $18.75m in H1 2025
The bank will continue to focus on the SME market as its core strategy.
Bank Rakyat Indonesia’s net income down 11.25% to $1.63b in H1
Operating income declined whilst net provisions for impairment losses rose.
BRI’s asset quality deterioration has likely peaked: UOBKH
Credit costs are expected to remain elevated at 3.2% and 3% in 2025/26, however.
India’s AU Bank clinches in-principle approval to become a universal bank
The Jaipur-based bank is said to be the largest small finance bank in India.
Late payments, bad debts drag on Asia’s B2B trade flows: survey
An average of 44% of B2B credit sales are affected by late payments, it found.
Thought Leadership Centre
Most Read
1. OCBC scales regional SME support with S$25b sustainable finance goal 2. ASIC scam takedowns jump 90% as Australians’ losses hit $2.18b 3. Standard Chartered unveils first-ever Global Fusion Centre in Malaysia 4. MUFG breaks ground on new HQ with 2030 target completion 5. Philippines cash holds 42% of POS payments despite e-wallet riseResource Center
Read Here
Advertise
Sign Up
Events
Event News
Ipsos says lenders financial institutions now compete with best-in-class platforms across all industries
Commentary
Buy now, worry later: The hidden cost of BNPL
Why most banks are struggling with AI, and what the smart ones are doing differently
Data, AI, and trust: The next era of financial crime prevention
From behavioural change to scalable inclusion: Cross-border payments in APAC
Device governance is not an IT problem. For SEA's financial sector, it is a boardroom one
Corporate acupuncture: How precision M&A is reshaping Asia’s competitive edge