Frances Gagua
Chinese banks’ DeepSeek adoption brings risk management challenges
Chinese banks’ DeepSeek adoption brings risk management challenges
DeepSeek’s lower cost will widen gen AI access in the banking sector, S&P said.
Cake Digital Bank breaks even by meeting small needs
The Vietnamese digital bank owes its success to quick loans and low-limit credit cards.
Nomura’s profitability, earnings stability strengthen through 2025
Enhanced risk management will reduce risk of losses and earnings volatility.
PSBank hits all-time high net income of $89.97m on higher loans
Total gross loans rose 15% due to strong demand.
Singapore banks recalibrate ASEAN strategies
The three banks stand to see growth opportunities in the Johor- Singapore SEZ.
MUFG Bank to invest in life sciences investment fund
The fund aims to establish startups as well as develop and launch new drugs.
Siam Commercial Bank targets top wealth manager spot in Thailand
SCB CEO expects Thai assets to exceed $1t by 2028.
China CITIC Bank and HKA launch travel card
Cardholders can earn up to 26,000 points when spending HK$25,000 within the first 5 months of issuance.
Hang Seng Bank executes pilot trades under RMB Trade Financing Liquidity Facility
It is one of the first banks to participate in the facility.
CIMB’s net profit up 10.7% to $1.71b in 2024
They’ve proposed a second interim dividend of 20 sen per share.
DBS and SMF partner to drive sustainability in SG’s manufacturers
They aim to support 500 small and mid-sized manufacturers.
India’s restored risk weights offer modest impact to banks
The move will enhance flow of credit from banks to better-rated NBFCs.
Alliance Bank’s net profit up 7.9% to $123.9m in 9M FY2025
Overall loans rose 14.2%, with commercial loans growing fastest.
Loans extended in Australia rose 6.5% in January
Business loans rose the fastest compared to the same month in 2024.
Visa and CIMB PH to deliver banking services to Philippine SMEs
They will offer a new business debit card by Q3.
Hang Seng Bank welcomes HK budget initiatives
Meanwhile, HSBC’s CIO expects AI to benefit from the announced plans.
Thai banks told to use dynamic pricing
They are struggling because their pricing strategy is not transparent and too reactive.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?