Frances Gagua
Commercial lending to reach $29.37b by 2030
Commercial lending to reach $29.37b by 2030
Access to large sums of money, shorter application processes, and low interest rates boosted its growth.
Norinchukin Bank logs $395.49m profit in Q1 FY2025
This is a reversal from its JPY412.7b loss a year earlier.
Philippine central bank eyes new rules to tackle online gambling
It will include daily limits to gambling-related transfers and time-based restrictions.
Indonesia, Malaysia, Thailand name new banks for local currency transaction framework
The banks will facilitate cross-border settlement of trade and investment.
ANZ rolls out home loan policy changes to aid self-employed Australians
Earlier in July, Westpac halved its income assessment to one year.
Chinese banks to see only mild impact from tax on bond interest income
The policy is also likely to increase the financing cost of banks for issuing new bonds.
StanChart sets up JV in Hong Kong to apply for stablecoin issuer licence
SCBHK, Animoca Brands, and HKT earlier participated in Hong Kong’s stablecoin issuer sandbox.
Hong Kong banks lose top talent with drawn-out hiring steps
Hiring rose 2.5% among 15 lenders in Asian Banking & Finance’s annual survey.
Ant Int’l’s WorldFirst gains Malaysia licence to expand international payments
WorldFirst will expand its product offerings and roll out new services, it said.
Cathay United Bank to make its debut in Japan with Tokyo branch
It plans to assist Taiwanese companies expanding in the market.
HDBank’s profit after tax up 24.26% to $306.28m in H1
The bank cited its digital transformation, credit growth, and risk management.
Citi hires HSBC banker as head of China global banking network
Luen-Yuan Chu will head the corporate banking of international companies operating in China.
DBS’ net profit flat in H1 despite higher tax expenses
Markets trading income rose to its strongest performance in four years.
UOB’s net profit down 3% to S$2.83b in H1 2025
Interim dividend is 85 cents per ordinary share.
India’s RuPay enters partnership to offer better ticketing experience in BookMyShow
Cardholders will enjoy special access to some shows, including early pre-sale access.
1 in 3 financial institutions in Taiwan have adopted AI
87% of banks have adopted AI.
Fintech funding hits $11b in Q2 as average deal-sizes hit two-year high
Mega rounds surged to its highest in three years.
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Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
Why Asia's banks are rebuilding their credit infrastructure in 2026
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Human Sparsity Blockchain: A citizen-validated ledger for digital finance supervision
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Digital transformation starts with leadership