Frances Gagua

Thailand banks’ profits underperform in Q4

Thailand banks’ profits underperform in Q4

Thai banks are expected to see THB130b in new bad loans in Q1, UOBKH warns. 

Hong Kong banks should play ‘long con’ to reap 2025 growth benefits

2024 is expected to be challenging for Hong Kong banks, KPMG reports.

Higher loan demand, low credit losses spell better year for PH banks

Philippines’ digital banks will continue to make losses due to weak asset quality.

Alipay+ unveils campaigns, promos for Chinese New Year

These include special voucher bundles of up to 90% off.

Mastercard's Matthew Driver on how AI can boost loyalty programs, regulatory compliance

Organisations must realize that not everything is black and white and adjust accordingly.

Thailand’s KBank targets 5% loan growth in 2024 under ‘3+1’ strategy

The bank is scaling up its wealth advisory business to grow fee income.

Mizuho names crisis chief for specialty assigned matters

The position change is effective on 29 January.

SMBC’s Indonesian arm begins offering ESG deposit product

BTPN will earmark deposits made under this for financing in the ESG field.

Majority of Philippine banks to maintain lending standards in Q1: survey

Banks maintained their credit standards for households, corporates in Q4.

MUFG China clinches lead underwriting license for corporate panda bonds

It will be able to support clients to participate in bond issuance by offshore companies.

SMBC, RCBC ink MOU to promote foreign direct investments to the Philippines

They do this alongside the Philippine Economic Zone Authority.

UOB Malaysia establishes inaugural Islamic debt programme

Tier 2 Sukuk Wakalah was given a fixed profit rate of 4.01% per annum.

OCBC expands money lock feature to time deposits

The feature has been used by 30,000 customers.

Thailand’s KBank unlikely to meet credit cost normalisation target: analysts

Credit costs are expected to remain at a high level in 2024.

DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst

DBS may hike its quarterly dividend by 6 cents to return surplus capital.

Alipay+ teams up with Pakistan’s NayaPay

NayaPay customers can now accept payments from Alipay+’s 25 global payment partners.

Siam Commercial Bank advised to overhaul mobile app: analysts

Its app logged 26 failure occurrences in 2023, UOB Kay Hian analysts said.