Frances Gagua

South Korean banks’ loan delinquency ratio up in August: report

The delinquency ratio has been on the decline since May 2018.

Taiwan card payments market to be worth $187.7b by 2025

The market is forecasted to rebound by over 15% in 2021.

Maybank Singapore unveils mixed Shariah-compliant investment fund

The fund aims to achieve a potential monthly dividend payout of 5% per annum.

South Korean bank’s household loans rise faster in September: report

There is an increased demand for loans for home purchases and 'jeonse.’

UOB unveils financing platform for businesses, homeowners’ green energy needs

The U-Energy platform has nine partners that can support energy efficiency projects.

Philippine-based Cantilan Bank, AFIN launch digital banking service

They aim to deliver cashless financial services to the Philippines’ rural unbanked.

Chart of the Week: Malaysia’s card payments market to be worth $80.2b in 2025

Market value is expected to rebound 8.5% in 2020 after declining last year.

Westpac warns $954m profit hit from one-off impairments

It is also hit with one-off costs from the sale of its insurance arm and specialist business.

Japan’s rural banks embrace more risks in search of profits

Their greatest enemy is time as business opportunities need years to take fruit.

CIMB Bank PH's gross transaction value triples in nine months

The bank now has nearly 5 million customers in total, and almost 1 million lending customers.

Eight in 10 ATMs in APAC are now automated deposit machines: RBR study

Over 1.4 million of 3.1 million ATMs globally now accept automatic note deposits.

China mulls adding crypto mining to 'negative list' of industries: report

Industries under the list are deemed off-limits for investments.

APAC banks on track for LIBOR phase-out: S&P

Singapore banks are leading the way in adopting alternative reference rates.

UOB, ADDX digitise S$50m of Sembcorp’s sustainability-linked bond

They made use of blockchain and smart contact technology to achieve this.