Frances Gagua

Banking sector bucked trend with job posting increase in Q1

Companies such as JPMorgan Chase & Co, PNC Financial Services, and Visa drove hiring.

SMFG to merge cloud service Sustana in business partner Asuene’s products

Sustana provides the Japanese bank’s clients calculations of GHG emissions.

Indonesia’s Eximbank to maintain ‘robust’ capitalisation

But its high stock of problem loans will continue to weigh on its net interest margin.

BDO’s asset quality stable whilst funding, liquidity its ‘key strengths’: Moody’s

Problem loan ratio coverage is one of the strongest in the Philippines.

Franklin Templeton names new co-heads of Global Official Institutions Group

The new office will serve central banks and sovereign wealth funds globally.

Maybank’s net profit up 4% to $614.25m in Q1 2025

They expect to continue to grow in the markets they operate.

Japan’s JCB partners with PayXpert to expand card acceptance in Europe, UK

Card acceptance on POS terminals will be enabled at no additional cost.

OCBC, UOB to maintain strong capital buffers through 2026: Moody’s

CET1 ratio and return on assets will decline, however.

MUFG invests in sustainability reporting and AI automation

Its banking subsidiary partnered with AI R&D company Sakana AI.

ANZ to roll out energy ratings option for energy performance evaluation

It will help homeowners identify opportunities for upgrades that will reduce bills.

AI to improve effectiveness of banks' ESG reporting: central banker

13 of 15 commercial banks have published sustainability reports, Pham said.

Norinchukin reports $12.6b loss for FY2024

It aims for a JPY30b to JPY70b net income for FY2025.

Thai banks’ loans contract 1.3% in Q1 on debt repayments and bad loans

But banks’ profitability improved compared to Q4 2024, the central bank said.

Trust Bank revenue doubles to S$97m whilst losses narrow in 2024

Costs reportedly rose only 4% in 2024, the Singapore-based digital bank said.