Frances Gagua
ZA Bank partners with TransUnion to offer credit alert service for free
ZA Bank partners with TransUnion to offer credit alert service for free
It notifies of new credit accounts opened under their name, amongst others.
Kasikornbank headed for year of portfolio clean-up
UOB Kay Hian “surprised” regarding the Thai bank’s flat loan growth target.
Mizuho’s profits tripled in 9M FY2024
Consolidated gross profits rose 288.9% thanks to the rate hike and NII growth.
Sumitomo Mitsui Financial Group’s profits up 43.3% in 9M FY2024
Earnings per share (diluted) is JPY289.92.
Malaysia’s private non-financial sector loans up 5.2% in Dec 2024
Business loan growth moderated although SME loan growth was “sustained.”
Asia’s fintech transactions to reach $19t by 2025: UnaFinancial
Asian fintech transactions reached $16.8t in 2024, according to the report.
Financial fragmentation threatens bank profits and lending
Globally, it can lead to nearly 280 million fewer jobs by 2030.
Thai banks have room to improve costs, loans in 2025: UOBKH
But loans extended to SMEs will continue to remain sluggish in quality.
Visa’s net revenue up 10% to $9.5b in Q1; cash dividend is $0.59 per stock
It identified consumer payments and value-added services amongst its growth levers.
Cambodia sees progress in responsible lending: officials
Of 22 priority actions, 4 are complete and 15 are ongoing, the statement said.
Here’s how ISO 20022 adoption impacted DBS Bank
It reportedly improved payments processing and regulatory compliance.
Malaysia fines AmBank for investment transaction breaches
AmBank failed to obtain approval for the transactions, the BNM said.
Alipay+ now connects over 1.6 billion users of 35 e-wallets, banks
The platform recently welcomed Kaspi.kz and BigPay.
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December.
Home loans in negative equity dropped to $25.03b in Dec 2024
The number of cases fell, but the three-month delinquency ratio rose.
Hong Kong’s total deposits up 7.1% in 2024
Renminbi deposits fell, whilst RMB remittance rose in December.
Bangkok Bank nets 8.6% net profit rise in 2024
It attributed this to the recovery of tourism and exports.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
