Frances Gagua
Fusion Bank, WeBank ink commercial cooperation agreement
Fusion Bank, WeBank ink commercial cooperation agreement
Fusion Bank can utilise WeBank’s digital banking tech.
Airwallex expands to Brazil, Mexico
It finalized the acquisition of MexPago and obtained a license in Brazil.
BCA, Bank Syariah Indonesia on track for double-digit profit growth
Indonesian banks are in-line to deliver profit growth.
Employment, not prices, to weigh on Hong Kong banks’ loans
Banks will face ‘minor but manageable’ pressure on such portfolios.
Japan’s SMBC launches new finance scheme for semiconductor industry
SMBC will structure loans based on valuations made by two firms.
Overseas Filipinos’ personal remittances up 3.5% in Nov 2024
Cumulative remittances are on track to rise by 3% for 2024.
MUFG execs take pay cut after safe deposit box incident
The bank is also strengthening its safe deposit box checks and procedures.
DBS welcomes deepening financial market ties between Hong Kong, China
It will broaden overseas investment channels for mainland institutional investors, a DBS managing director said.
Maya disbursed $1.16b in loans in 2024
It now holds almost $666.9m in deposit balances.
Singapore FIs face stricter regulatory scrutiny in 2025
Singapore bucked the trend in 2024, with more fines issued.
Vietnam’s ABBANK launches new business digital banking platform
It offers money transfer services and quick bill payment options.
Here’s how Basel 4 may impact Malaysian banks
The Basel 4 credit risk framework implementation could have greater impact.
JCB expands card acceptance in UK
Over 110,000 UK-based merchants in the hospitality sector can now accept JCB cards.
Banks urged to expand focus to transition finance for zero-carbon future
Up to a US$17t annual funding gap exists.
StashAway sees investment deposits double in 2024
Its HNW and emerging HNW were more likely to invest in a diversified portfolio.
Grab, Singtel-backed Super Bank mulls IPO: report
The Jakarta-based digital bank may raise up to $300m, sources said.
Top 25 banks’ market cap rises 27.1% in Q4 2024
ICBC is APAC’s top bank in terms of market cap; DBS rises to 23rd spot.