Frances Gagua
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING closes $404.8m infrastructure securities for the Hong Kong Mortgage Corp
ING also acted as the sole finance adviser for the issuance's sustainable tranche.
Japan’s card payments market to be worth $742.2b in 2023
Growing consumer preference for electronic payments will push a 7.5% growth in value.
Hang Seng Bank appoints Kathy Cheung as chief risk and compliance officer
She was formerly chief risk officer for HSBC Hong Kong.
Deutsche Bank allocates $200m in Vietnam branch
The Vietnam business doubled its revenue in the past two years, the bank said.
Indian banks’ profits to stabilize; weak assets to persist for some
Weak assets are expected to make up 5.2% of gross loans for FY2023.
Singapore’s finance and insurance industry shrank 0.9% in Q1
Banks saw a decline in net fees and commissions during the first three months of 2023.
Hong Kong’s ZA Bank floats virtual asset trading services
The virtual bank also mulls launching US stock trading services in due course.
Atome’s buy now pay later service now available in Amazon Singapore
Customers can opt to pay in three installments with zero interest through Atome.
Delinquency rate of Korean corporate loans fell to 0.41%
Delinquency rate of household loans also fell to 0.31% in March.
Bad loans of Korean banks fell to 0.33% in March
The volume of resolved loans rose during the month.
Economic woes, higher rates weigh on Islamic banks’ financing growth
Indonesian banks may benefit from widening margins, however.
HSBC appoints Wing Tai Properties CEO as independent non-executive director
Cheng has also been named to HSBC’s remuneration committee and risk committee.
China CITIC Bank, FWD Macau establish bancassurance partnership in Macau
This is their first bancassurance collaboration in Macau.
Mobile wallet payments in India to hit $5.7t in 2027
The value of mobile wallet payments doubled from 2018 to 2022.
Central bank rate cuts could raise Philippine banks’ earnings by 2.6%
Every 100bp rate cut would free PHP106b of liquidity.
MAS, New York Fed unveil results of study on DLT use for cross-border wholesale payments
Distributed ledger could be used to enhance cross-border multi-currency payments, the study found.
Fubon Bank, blockchain firm Ripple to explore real estate asset tokenisation in Hong Kong
They are aiming to make release of equity swifter and more efficient.
Thought Leadership Centre
Most Read
1. How digital payments are forcing QSRs to rebuild checkout and staffing 2. MariBank links remittances to Weixin Pay via TenPay Global 3. Japanese banks face bond yield shocks as yields hit 2.23% 4. DBS to focus on tech resilience and grow fee income in 2026: analyst 5. DBS pilots Visa Intelligent Commerce for agent-initiated paymentsResource Center
Read Here
Advertise
Sign Up
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
Banks retreat, private credit advances: Asia Pacific’s quiet lending revolution
Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
Will stablecoins disrupt the banking business?
Digital transformation starts with leadership