Frances Gagua

Chinese small bank M&As to ramp up: Fitch

Chinese small bank M&As to ramp up: Fitch

The lack of large banks in the mergers is to avoid contagion risks.

Malaysia, UK tout Islamic finance to bridge green funding gap

Islamic finance’s framework naturally aligns with social finance, an official said.

GoTyme Bank partners with BSP to enable coin deposits

GoTyme Bank is reportedly the first bank partner to be integrated in the CoDMs.

Taiwanese banks’ total outstanding loans at $1.25t in July

The bad loans ratio remained at the same level as in June 2024.

Krungthai Bank temporarily closes 4 branches due to floods

One branch is separately closed due to suspended electrical supply.

Hong Leong Bank may reduce China stake as investment pays off

Its group earnings edge on overreliance on the Bank of Chengdu’s contribution.

Malaysian banks' profitability stable with reduced intervention risks

Some asset quality deterioration is expected as fuel subsidies ease.

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.

Public Bank commits $229.7m financing for SMEs

Public Bank is the largest financier of SMEs in Malaysia based on market share.

Banks ‘underprepared’ for instant payments: report

Only 30% of APAC banks have a strong tech foundation for instant payments.

Westpac names Anthony Miller as CEO

Before joining Westpac, Miller was the Australia/NZ CEO of Deutsche Bank for 4 years.

Standard Chartered names new CEOs for China, Vietnam units

Standard Chartered names new CEOs for China, Vietnam units

JST Singapore obtains in-principle approval for an MPI license

JST Singapore said that it will continue to work towards securing its licenese.

BRI may miss micro loan growth target amidst asset quality concerns

Micro loans were down 0.9% quarter-on-quarter in Q2.

Hong Kongers seek digital channels, F2F meetings in wealth mgmt services

Nearly all use digital channels, yet nearly half still employ face-to-face meetings with advisors.