Frances Gagua

Atome, Maya partner in $48m deal to expand lending

They will work together to extend flexible payment options to Filipinos.

Indonesia loan growth slows with drawdown delays, NPLs under scrutiny

Malaysia-based investors are watching for signs of a recovery going into FY2026F.

Hong Kong's banks encouraged to explore tokenised deposits and assets

Authorities are expected to work together to regularise the issuance of tokenised bonds.

OCBC to provide social loans to 10,000 women entrepreneurs by 2030

It has supported over 2,000 women-owned SMEs as of June 2025.

Australia, New Zealand propose reforms on AT1 capital rules

New Zealand wants to remove AT1 capital and introduce more granular standardised weights for credit risk. 

Ant International to launch Alipay+ in Saudi Arabia

It will connect to mada, Saudi Arabia’s national payment scheme.

SPD Bank Shanghai, XTransfer team up to help Chinese SMEs expand overseas

They aim to provide “safer, more efficient, more convenient” global collection and cash management services.

ANZ sets up resolution program, to submit remediation plan

ANZ could spend approximately A$150m on implementing the remediation plan.

SCB consolidates retail units under new consumer banking group

It is overhauling its branches as well as upskilling branch staff and relationship managers.

Philippine cash remittances up 3% to $3.18b in July

Cumulative cash remittances for the January-July 2025 period is now at $19.93b.

CIMB Singapore rolls out card for sole proprietors and SME owners

It offers zero FX fees and complimentary airport lounge access.

HSBC Private Bank rolls out gen AI platform for wealth management staff

It summarises the bank’s research reports and external news feed.

GXS Bank expands SME lending after Validus acquisition

It’s also targeting Grab merchants and Singtel customers for financing.

Bank of Commerce PH upgrades system of 140 branches and ATMs

The Philippine bank teamed up with InfoSys and IBM to roll out the upgrade.

Chart of the Week: Debit card fuel growth of Australia’s card payments market

Australians are choosing to spend within their means instead of accruing debt.