Frances Gagua
Maybank facilitates $545m in investments into Johor-Singapore SEZ
Maybank facilitates $545m in investments into Johor-Singapore SEZ
It has facilitated submission of Letters of Intent by Thomson Medical Group, etc.
17 hours ago
Malaysia’s lending grew by 5.5% in Q1 2025
Household loans grew by 6% during the quarter.
17 hours ago
BDO Network Bank is officially a thrift bank
It has secured regulatory approvals to convert from a rural bank.
17 hours ago
Philippine bankers’ orgs ink MOU to improve banking skills
They will promote seminars, conferences, conventions, and training programs.
17 hours ago
Embedded finance platform Credilinq closes $8.5m Series A funding round
It plans to expand to the US, and eventually the UK and Australia.
18 hours ago
Singapore in talks with banks to enhance financing schemes for businesses
Local companies have expressed concern on delayed and cancelled orders.
18 hours ago
China’s property market stabilisation is good news for lenders
But regional banks will still struggle, as recovery of lower-tier cities is still “lagging.”
18 hours ago
Bank Pembangunan appoints Maybank Islamic CEO as new chief
Dato’ Muzaffar Hisham is BPMB’s new group CEO.
18 hours ago
Citi Services launches PayTo initiator for institutional clients
The bank’s clients can initiate account-to-account payments from the service.
18 hours ago
Fintechs, banks unite for win-win
Changing markets are forcing them to forge mutually beneficial alliances.
3 days ago
Mizuho Financial Group’s profits rise to record high JPY885.4b in FY2024
Annual dividend is JPY140 per share.
3 days ago
Sumitomo Mitsui FG’s profit up 22.3% to $8.12b in FY2025
Its return on equity is expected to rise to 9% to 10% in the next five years.
3 days ago
Hang Seng Bank restructures business, will cut 1% of core staff: report
An earlier report said that the bank is cutting 10% to 50% of staff in some teams.
3 days ago
Hong Kong’s card receivables down 5.8% to $19.5b in Q1
Delinquent and rescheduled ratio was 0.42% as of end March 2025.
3 days ago
Philippine banks' lending grows at a slower pace in March 2025
Consumer loans grew 23.6% from more credit cards, motor vehicles, and general loans.
3 days ago
Bangkok Bank, Bangkok Life Assurance offer special deposit rate for life insurance customers
Its 2.5% per annum on top of the normal fixed deposit rates.
3 days ago
South Korea’s household loans rose KRW5.3t in April 2025
Household loans extended by banks rose at a faster pace compared to the previous month.
3 days ago
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth