Frances Gagua
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
The deposits and withdrawals will be facilitated by local bank DBS.
India’s deposits surpass loan growth in Oct-Nov 2024
Higher term rates helped push up deposits, according to CareEdge.
Indonesian banks to see less intense loan competition in 2025
Banks are looking to solidify their market share.
Export-Import Bank of Thailand faces elevated asset quality risk, profit pressures
Its gross NPL ratio rose whilst profitability declined in the first half of 2024.
BOCHK warns against phishing websites
The websites have bill settlement pages with links that intend to steal customers' data.
Public Bank’s profitability to continue outperforming industry: Moody’s
It is expected to maintain a low problem ratio through 2025.
Nanyang Commercial Bank needs more loss provisions to resolve property woes
The bank is expected to face profitability and asset quality challenges through 2025.
Hong Kong credit card receivables down 0.6% in Q3
The delinquent and rescheduled ratio was 0.4% in end-September.
ICBC Asia net profit rise 9.58% to $547.2m in H1
Non-interest income rose by 67.01%, although fee and commissions declined.
WealthTech Endowus breaks US$7b mark in assets under advice
Its Private Wealth client offering has surpassed US$2b in assets managed.
DBS, UnionPay launch multi-currency debit card
Cardholders can make direct payments in 14 currencies.
Bangkok Bank reports $358.91m net profit for Q3
Earnings per share is THB6.54 for the period that ended on 30 September 2024.
Mizuho Bank, Rakuten launch co-branded card
Customers can earn up to 3% Rakuten Points when shopping.
Maybank rolls out green financial advisory service to SEA SMEs
Small and medium enterprises will receive funding to aid in their sustainability reporting.
Mizuho, Rakuten form alliance; will launch new cards, installment payments
The six companies aim to create new retail business models for the payments industry.
MAS’ Chia Der Jiun touts potential of asset tokenisation, quantum
Security is already a concern when considering the potential of quantum.
GoTyme, foodpanda launch flexible loans to MSMEs
The loans are offered to foodpanda's partner vendors.
Thought Leadership Centre
In Association with
Most Read
1. Revolut Singapore hits first year of net profitability in 2024 2. CIMB Philippines says fund transfer issue ‘resolved’ 3. Bank of America appoints Phil Carmalt as head of APAC GPS 4. HSBC Singapore unveils wealth centre at The Star Vista mall 5. Citi names Goldman Sachs banker as head of markets solutions in Asia South & NorthResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Cards & Payments
Compliance and legacy systems stall B2B payment shift
Retail drives digital payments as B2B adoption lags.
Commentary
The Asian connection: China's path to sustainable growth