Frances Gagua

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

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