Frances Gagua
UNO Digital Bank offers account opening services to GCash users
UNO Digital Bank offers account opening services to GCash users
GCash users can open a savings or time deposit account with no minimum balance needed.
Stable outlook for Australia’s Defence Bank: Moody’s
Asset quality pressures will remain contained.
Australia’s Alex Bank raising $20m
The bank’s lending strategy focuses on the consumer finance market.
Weekly Global News Wrap: Credit Suisse’s $17.2b of bonds written down to none; Credit Suisse says clients may want to move assets after merger
And Hong Kong pushes to become a virtual asset hub.
OCBC launches net zero loan for corporates
Companies get a reduced interest rate on their loans when they meet targets.
UBS buys Credit Suisse in “emergency rescue”
The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.
Low risk of bank runs in Asia: analyst
Japanese banks are the most vulnerable and face flat NIM growth.
Indonesia’s Bank BTN names Nixon LP Napitupulu as CEO
They have also decided that 20% of net profits for 2022 will be used as dividends.
US banking fallout has little impact on APAC banks, but contagion risks linger
The evolving situation means that problems from secondary effects may rise in the near future.
MAS in “close contact” with Swiss regulators over Credit Suisse
Credit Suisse recently announced that it is borrowing up to CHF50b.
Corporate banks ramp up data analytics to boost customer acquisition
They also plan to use data and analytics to assess productivity of relationship managers.
How Asian banks can retain their cross-border dominance
The emergence of fintechs is whittling down their dominance.
Value of CBDC payments to reach $213b annually by 2030: study
Adoption will be driven by governments boosting financial inclusion.
Japan bank lending up 3.3% in February
Average outstanding amount totalled JPY598.9t for the month.
NIM, higher expenses drag on Malaysian banks’ earnings growth in 2023
Mid- to high-single digit NIM compression will offset loan growth, an analyst said.
Security Bank face higher funding costs, lower margins in 2023
Loan growth is expected to fall by 9% year-on-year.
Singapore bank profits to peak in 2023, but high rates will dampen lending
Margins will peak mid-year, but loan demand is falling.
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