Frances Gagua
Philippine banks’ profits up 4.1% to $3.35b in H1 2025
Philippine banks’ profits up 4.1% to $3.35b in H1 2025
Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
Aussie mortgage holders and renters lead in unpaid card debt: survey
Mortgage payers owe A$1,342 on average, compared to homeowners owing A$787.
Airwallex surpasses $1b in annual recurring revenue
The Americas and EMEA make up 35% of its revenue.
Australians pull back on spending to afford a home loan: survey
Despite this, 1 in 3 Australians believe that they will never afford their own home.
Societe Generale names head for Power, Utilities, & Infrastructure investments
Anoop Chaudhry will be based in Hong Kong.
OCBC names Melvyn Low as group chief strategy & transformation officer
He will continue to lead the global transaction banking division.
GoTyme Bank reports 7.8 million users after three years
Customers can make deposits and withdrawals in 1,450 partner locations.
JCB, Agoda ink three-year deal for joint campaigns and co-marketing
JCB cardmembers will enjoy exclusive discounts and special offers in key markets.
Singaporeans account for 11% of stolen card data: study
In terms of price, Japan is most expensive whilst New Zealand saw the most growth.
Banks’ AI adoption to shape cost and revenue advantage
An AI-gap may emerge amongst global banks depending on their adoption journeys, says S&P.
BRI on track to hit full-year target despite lower Q3 profit results
Credit costs are guided to have a slight improvement in 2026.
Visa, DealMe launch instant installment option for Vietnamese cardholders
Pilot merchants include Shinsegae Duty Free and select clinics in South Korea.
Bank Mandiri’s net profit still down in 9M 2025 but on track with full-year estimates
Next year may see higher loan growth, stable NIM, and opex normalisation.
CBA reaffirms commitment to goodwill payments for affected customers
The bank has made approximately A$25m in goodwill payments to 87,000 accounts.
ZA Bank rolls out Visa card offering stock rebates on spend
Every eligible transaction of at least HK$10 or more has a chance to receive stocks as rebate.
Malaysian banks’ sector earnings on track for growth in 2025
Loan growth was stable in September, although household loan growth was slightly slower.
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