Frances Gagua
RHB kiosks replace debit cards on the spot
RHB kiosks replace debit cards on the spot
The machines have handled 70% of the Malaysian lender’s card replacements.
Southeast Asian banks’ face mixed outcomes from shallower rate decline
Philippine and Singapore banks will be key beneficiaries if rates are higher.
HDFC Bank’s profit after tax up 12.3% for 9M FY2024/25
For the quarter ended Dec 2024, consolidated PAT was 13.6% higher.
RBI supersedes board of Aviom India Housing Finance
Punjab National Bank’s ex-CGM Shri Ram Kumar appointed as administrator.
Hong Kong banks to focus on resilience, costs in 2025: KPMG
Interest rate reductions are likely to be slower.
MUFG Bank reprimanded for securities-related lapses
MUMSS also received a strict warning from the Japan’s Association of Real Estate Securitization.
Hang Seng Bank fined HK$66.4m for overcharging, sales misconduct
It reportedly received HK$22.4m in excess benefits and fees, the HKMA and SFC said.
Hong Kong fintech association unveils AI advisory council
It will serve as the industry voice to share best practices, amongst others.
Toh Su Mei exits ANEXT Bank; Kai Qiu is new CEO
Ant International in the process of rolling out credit solutions for Thai MSMEs.
Firms turn cautious over gen AI amidst fears of obsolescence, fragmented regulations
Of 47 APAC jurisdictions, about 16 have AI regulations or guidance in place.
StanChart, Prudential Singapore’s bancassurance partnership hit 25
This is the longest on record in Singapore.
Wise raises money transfer limits, lowers global average fee
Transfer limits to WeChat recipients is now at RMB50,000.
Auto industry may weigh on Kiatnakin Phatra Bank: analyst
Its Q4 2024 provision is 34% higher than in Q3.
Ageing Aussies may lead to more reverse mortgages
Older borrowers can retain their homes whilst getting equity, according to a bank.
Structured finance sector in Australia, New Zealand poised for ‘strong’ year
Resilient household sector and low unemployment will support the sector.
MUFG secures 46.08 million shares of WealthNavi, will proceed with purchase
It closed the tender offer on 20 January 2025.
SCBX net profit inch up 1% YoY to $1.29b in 2024
Interest income is higher, but fee and investment/trading income are lower.
Thought Leadership Centre
In Association with
Most Read
1. DBS surpasses US$100b market cap 2. DBS first to accept CPF LIFE payouts for credit card applications 3. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 4. Citi to slash 3,500 jobs in China 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
