Frances Gagua
Mizuho Bank highlights innovation in new corporate tagline
Mizuho Bank highlights innovation in new corporate tagline
It comes after the Japanese megabank launches its new medium-term business plan.
Thai regulator warns of weakening debt serviceability, bond market
Slower-than-expected income recovery and rising cost of living are hitting households.
Bangkok Bank’s net profits surge by 52.2% in H1
This follows after a 36% increase in the bank’s net interest income during the period.
Korea’s Kyongnam Bank face rising loan risks from SMEs, real estate financing: analyst
Profitability is expected to decline slightly, but it should maintain sufficient capital buffer.
1 in 5 Thai banks’ restructured loans will go bad: analyst
SMEs will likely struggle to make payments as production costs squeezes profits.
Singapore banks face tepid loan growth; interest margins to peak in 2023
Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.
Australia unveils new standards for banks, insurers’ operational risk management
The new standard will take effect on 1 July 2025.
BPI net income up 23% to $461.09m
Net interest income rose 27% but non-interest income fell.
Line Bank Taiwan launches Fast Financial Platform
As of July, LINE Bank Taiwan has over 1.57 million users.
GXS opens savings account to all Singaporeans, maximum deposit raised
It offers a daily interest credit feature.
Shinhan Bank, SCB TechX successfully complete stablecoin remittance pilot
The proof of concept was built on the Hedera network.
SMBC grants $50m green loan to Thailand's Indorama Ventures
Indorama Ventures will use it for their working capital and to achieve its sustainability targets.
Hang Seng expands remote account opening service to HK companies with mainland shareholders
The e-Sign service can also now be used to provide signatures for loan documents.
Bank of Korea launches financial and economic snapshot platform
It is optimised for mobile devices to make data viewing easier for the public.
Malaysia’s Curlec by Razorpay launches payment gateway
Curlec targets RM10b in annualised gross transaction value by 2025.
Bank of East Asia extends Sheung Shui Branch hours to seven days a week
Its Tsim Sha Tsui and Shatin Plaza branches have reverted to regular business hours.
BOCHK warns of fraudulent website
BOCHK said that it has no connection to pulsboc(dot)com.
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