Frances Gagua
Taiwanese banks extend more loans in August
Taiwanese banks extend more loans in August
The average NPL ratio remained the same as the month prior.
More digital banks make a profit, but still face higher credit risks
As they grow, they shouldn’t rely on their parent companies to back them up.
Flooding impact on Thai banks ‘manageable’
Only a small number of branches have been affected.
Hang Seng bank declares third interim dividend of HK$1.2 per share
The payment date is on 12 November 2024.
AI Governance: Navigating the Balance Between Innovation and Ethics
As AI becomes prevalent in various spheres of business, the need for governance around it becomes critical.
3 in 5 use real-time cross-border payments to send money to family and friends
This is higher than those who use it to pay for goods and services.
Mizuho buys stake in fusion power tech firm Zap Energy
Mizuho said that this is part of its bid for carbon neutrality.
ING disbursed $35.37b in sustainable finance in Q2
EMEA represents a bulk of ING's sustainable finance activities.
DBS inks MOU with China trade promotion council to boost Asia trade, investment
DBS’ foreign direct investment unit will work with Chinese enterprises.
China property sector bailout to hit banks’ asset quality, solvency
Solving the issue of heightened inventory may cost 2.6% of China’s GDP.
DBS Hong Kong names Kuok Khoon Hua as independent non-exec director
The appointment is effective 7 October 2024.
Chart of the Week: Malaysia e-commerce sees rise in alternative payments
Brands such as GrabPay and ShopeePay are popular payment methods.
Taiwanese banks face potential revenue drop in 2025
Fee income will be supported by loan growth and reshoring activities.
Techcombank eyes more business clients with southern expansion
Vietnam’s fourth-largest bank by assets seeks to expand in Ho Chi Minh City and surrounding regions.
GXS Bank launches credit card with flat fees and no interest
It has a limit of S$500 with a S$5 extension fee.
APAC investment banking fees hit lowest nine-month period in 7 years
ECM underwriting fees hit lowest figure in over a decade.
Philippine banks’ outstanding loans up 10.7% in August
Loans to residents grew whilst loans to non-residents slowed.