Frances Gagua
SMBC Malaysia nabs StanChart banker as head of corporate banking
SMBC Malaysia nabs StanChart banker as head of corporate banking
Wendy Ooi will lead SMBC Malaysia’s non-Japanese corporate banking strategy.
Bank of Ningbo’s established regional presence supports profitability
It reportedly has a good local presence.
Taiwan’s credit card balance rose in April
The amount of undue balance of installment fell from the previous month.
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
SG digital banks expand into investments and loans to boost profits
One problem they face is that many accounts remain inactive.
Taiwan eyes asset management hub status with law changes
They must retain their branch in the same place for a 7-year period.
APAC companies brace for more “ultra long payment delays” in 2025
Over 57% of 2,400 companies surveyed expect a deterioration in late payments.
Indonesian banks’ liquidity likely to improve in H2
NIM is expected to compress for the Q2 2025 period.
Ant International eyes stablecoin licenses in Hong Kong, Singapore: report
The unit is reportedly seeking a related permit in Luxembourg, according to sources.
Singapore's banks leave more jobs unfilled as hiring slows
For every two people who resign, only one post gets replaced.
Weekly Global News Wrap: UBS face stricter capital reqs; BBVA eyes Abu Dhabi branch
And Citi exec expects banking and trading performances to improve.
BPI unveils SINAG bonds, will finance green and social projects
The bonds are structured with a 1.5-year tenor.
Taiwanese domestic banks’ SME loans up NT$52.5b in March
Average NPL ratio fell during the month.
Chinese banks to weather trade-related strains: S&P
Regional banks in coastal provinces are likely to see greater pressure than megabanks.
Deutsche, Ant teams up to improve cross-border payments
They will work on global treasury management and cross-border payment projects.
Taiwan’s outstanding loans up $1.01b in April
The NPL is the same as in March, according to official data.
CMB International to maintain strong profitability through 2026
Returns will be supported by robust fee and commissions income.
Commentary
Asia’s banks hold the mandate to innovate. Now they must earn it.
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