Frances Gagua

Mortgage competition between Aussie homeowners and investors heats up

First-time homeowners increasingly need to take on more debt to afford a house.

Japanese megabanks see profit rise, but capital remains a weakness

Overseas expansion is another risk, as it could raise credit costs, warned Fitch.

Which suburb in Australia leads in mortgage arrears?

Victoria and New South Wales are the only states represented in the highest-arrears list.

Trust Singapore unveils Visa instalment option for credit card holders

The minimum eligible transaction is S$100 or as offered by an eligible merchant.

OCBC rolls out in-app calls for retail customers

In-app calls will not incur International Direct Dialling (IDD) charges.

Bank Australia solidifies competitive position with AUB merger: S&P

The bank has earlier announced a merger with Qudos Bank.

Thai Q3 loans contract on softer SME and consumer demand

Thai banks saw lower net interest income on less lending and interest rate reductions.

Norinchukin logs $540m profit in H1 FY2025

This is a reversal from the loss recorded in the same period in FY2024.

China, Taiwan, Hong Kong, Thailand banks face weaker 2026 outlook

Japan is the only banking market in APAC to hold an "improving outlook," according to Fitch Ratings.

Banks a key entry point for Web3 adoption

Over 8 in 10 will use or will strongly consider using Web3 services if offered by a bank.

Metrobank appoints three new SVPs and heads

The new heads are for the trust banking group, internal audit group, and the transformation office.

Affin Bank expected to see 30.6% quarterly drop in Q4 net profit: report

The upturn in loan loss provisioning will lead to the decline, said CGS International.

HSBC names Ruby Ho as head of markets and securities services, ASEAN

She will lead the MSS business in Singapore and the whole region.

UnionPay expands Apple Services payments to 15 markets

Cardholders can use their cards to pay for Apple’s digital content.

NAB earnings outlook tempered by higher costs and loan competition

The bank does have low levels of problem loans and a strong funding profile, Moody’s said.

Westpac faces earnings pressure despite strong asset base: Moody’s

Its NPL ratio has improved and its deposit base is stable.