Frances Gagua
Japan’s Resona group banks, Fujitsu launch home-buying web service
Japan’s Resona group banks, Fujitsu launch home-buying web service
It enables users to record observations in property viewings.
Will the Taiwan dollar overtake yuan as Asia’s top funding currency?
Intervention risks in the yuan are increasing the Taiwan dollar’s attractiveness.
Mortgage growth to lift Viet banks’ earnings in 2025
Mortgage loans may grow by 20% during the year, from 10% in 2024.
RHB unveils debit card replacement kiosks.
They’re available in two branches.
Cambodia allows commercial banks to offer cryptoasset services
But unbacked cryptoassets are not allowed.
Siam Commercial Bank unveils new uniforms made of recycled fabric
The uniforms make use of plastic bottles.
Philippine banks’ loans up 11.1% in Nov 2024
Loans to residents grew faster whilst loans to non-residents slowed.
2 in 3 people to own a digital wallet by 2029: report
As of 2024, an estimated 52.6% of the world uses a digital wallet.
Citi names Jeff Wu as head of market sales for China
Wu will relocate to Shanghai.
WeLab Bank achieves first breakeven in Dec 2024
WeLab Bank credited it to its expanded loan book.
Land Bank of Taiwan secures license to operate in Australia
It can operate as a foreign authorised deposit-taking institution.
South Korea to unveil guidelines for short-selling
It plans to expand the English DART and Open DART services in January.
Luxembourg’s Banking Circle to buy Australian Settlements Ltd.
ASL provides settlement and payment services in Australia.
SEA fintech funding drop 23% to $1.6b in 2024
This is 75% lower than the funding it got in 2022.
Taiwanese banks’ SME loans rose in November
The bad loans ratio declined by 0.1 percentage point.
Hong Kong launches incubator for banks’ adoption of DLT
Tokenised deposits will be a core focus upon the incubator’s inception.
Japanese banks’ total assets at $9.15t in Nov 2024
Banks hold $1.52t in assets overseas.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
