Frances Gagua

BEA property risks persist but capitalisation, funding offer buffers

Its impaired loan ratio is expected to remain high in 2025.

Shoko Chukin Bank face high problem loans but profitability improving

The higher problem loans ratio may be due to its focus on the SME segment.

HSBC names Ishan Sarkar as head of WPS, Singapore

He is tasked with driving a differentiated wealth strategy for Singapore.

Card payments remain top choice of South Koreans

Nearly half of surveyed Koreans use credit cards for payments.

India’s new gold-backed loan rules changes competitive landscape

Lenders will have to gauge repayment capability using income and cash flows.

MUFG’s APAC transaction banking team names three new MDs

Two head the transaction banking teams in India and Indonesia, respectively.

Taipei Fubon Commercial Bank well-buffered to withstand market volatility

Asset quality of corporate lending will weaken moderately, however.

HSBC and Mastercard roll out mobile virtual corporate card in Hong Kong

HSBC’s commercial customers can issue virtual cards through a portal.

MUFG eyes enhancing intra-Asia flows, sustainability, O&D in FY2025

They are looking into AI as a means to adopt more sustainable and digital practices.

UOB becomes direct participant of China’s cross-border interbank payment system

UOB will provide one-stop cross border RMB clearing, settlement, and payments.

ASIC issues warning to influencers promoting high-risk financial products

The influencers are providing unauthorised financial product advice, ASIC said.

Malaysia rolls out innovation lab for climate finance solutions

Greater private sector involvement is needed to accelerate Malaysia’s climate journey.

DBS partners with Austrade to help Australian companies expand into SEA

DBS will provide advisory services, financial planning, and risk management.

Mizuho has given out JPY40.3t in sustainable finance loans in 5 years

The bank expects to have reduced its Scope 1 and 2 emissions by 64%.

Bank Central Asia prioritises margin stabilisation over aggressive loan growth

Its LDR and cost-to-income ratio are the lowest amongst its peers, UOBKH said.

1 in 2 Gen Alpha has digital wallet, investment account

Over half uses a digital wallet, and nearly the same share has an investment account