Frances Gagua

Second wave of COVID infections impairs Indian banks’ performance through 2022

Recovery will be more subdued as households prioritize rebuilding their savings.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

Philippines’ Landbank, UCPB to merge

Post-merger, the bank will have $55.4b in combined assets, reports local media.

Security Bank CEO Sanjiv Vohra on future-proofing a bank amidst a time of upheaval

The CEO of Philippines’ first private bank post-war highlights the importance of a people-centric approach in future-proofing a bank whilst tackling a crisis.

Nomura Holdings loses 20 investment bankers in Asia: report

The resignations include their head of Greater China equity capital markets.

IFC grants $40m loan to Vietnam’s SeABank to expand SME lending

It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.

Singapore investment banking fees up 9.3% in H1 2021

Overall announced M&A activity set the record for the highest semiannual period value-wise.

SEA banks’ asset quality visibility still cloudy amidst extended loan relief schemes

Non-performing loan ratios will likely peak only by end-2021 or 2022, when relief measures expire.

MUFG Bank inks MOU with Western Australia on renewables

The agreement also cover the sectors of energy, agribusiness, education, tourism and manufacturing.

Indonesia mulls tightening fintech, P2P regulations

New regulations may include higher capital hurdles for P2P players.

Risks for Sri Lankan banks may rise when ISB investment suspension lifts: Fitch

Even with the suspension lifted, banks will still have difficulties accessing foreign currency funding.

UOB invests $200m in digital innovation, aims to double wealth fee income by 2025

The bank has launched SimpleInvest, where clients can begin investing for as low as $100.

Pandemic pushes banks to adapt hybrid set-up for transaction banking services

BPI's John-C Syquia and FinServ Solution's Andre Lee discuss the latest trends in transaction banking.

Central American development bank to open Seoul office: report

The bank has the goal of opening the office within 2021.