Frances Gagua

DBS Bank India names Rajat Verma as CEO

DBS Bank India names Rajat Verma as CEO

Verma will succeed Surojit Shome, who is retiring on 28 February.

Thai banks’ Q4 profit slated for 20% growth with portfolio cleanup

Kiatnakin Phatra Bank, Tisco may see a rise in credit costs, an analyst said.

It’s the most wonderful time of the year!

We’re taking the time off and will be back on 6 January 2024.

Sri Lanka and Vietnam banks to boost 2025 financials

Sri Lanka’s political crises are receding; Vietnam will be lifted by higher loan growth

Philippine banks’ costs to rise; Singapore lenders face slower profit growth

Singapore banks’ net interest margins have already peaked in 2024.

Slower credit growth on the horizon for Cambodian lenders

Earlier covenant breaches will continue to be a problem for some of the banks.

Bangladeshi banks’ weak profitability to continue in 2025: analyst

Asset quality will be challenged by weak lending standards and foreclosure laws.

Asian banks face profit strain in 2025

Falling interest rates could heighten some lenders’ appetite for risk.

Bank Jago teams up with Google Cloud for gen AI, data analytic capabilities

Google Cloud’s data encryption will help safeguard the bank’s AI models.

GoTyme Bank reaches 5 million users in 2024

The bank is aiming to reach 9 million customers by end-2025.

Japanese banks seek M&As overseas

MUFG has spent a billion dollars buying a stake in fintechs.

Hong Leong Bank reimagines branches for digital era

The lender sees itself as a digital bank with a physical presence.

Taiwanese credit card balance at $3.49b in October

There were 38.72 million active credit cards during the month.

Taiwanese banks extended $169.21m in SME loans in October

Loans extended to SMEs accounted for 64.2% of total loans.

SMBC teams up with Euphoria Co. for human capital management services

SMBC will provide digital systems for the visualisation and analysis of the impact of human capital on companies.

Indonesian banks to maintain lending rates in 2025: analyst

MSME borrowers remain weak, but some positive factors are on the horizon.

Brace for ‘volatile’ credit conditions in APAC for 2025: expert

Lenders may turn more risk-averse and seek higher premia.