Frances Gagua
Razorpay rolls out payments platform to Singapore
Razorpay rolls out payments platform to Singapore
It offers AI agents and a magic check-out service.
Australia’s G&C, Unity Bank officially merge
G&C will maintain a strong capital position but faces integration risks, S&P said.
Hong Kong’s uFinance offers student loans to college students
They can borrow up to $21,050 per semester, at an interest rate of 6%.
Philippine bank lending rises on higher credit card, motor loan demand
Lending to key industries such as real estate and retail trade also rose.
Citi appoints Rob Chan as head of ECM Syndicate for Asia
Chan has been with Citi for 22 years.
Citi Indonesia names Wit Oemar as head of corporate banking
He is one of the founding members of Citi Commercial Bank in Indonesia.
OCBC’s Iris Ng champions SMEs, green financing
The banker worked on making capital loans more accessible to SMEs through embedded finance.
Proposed capital injection to help Chinese megabanks expand loans
It will mitigate pressure from weakening internal capital generation, S&P said.
CommBank adds extra confirmation step for NetBank logins
Customers using the CommBank app will be prompted for confirmation.
Indonesia and Australia renew $6.2b bilateral currency swap agreement
It will last for 5 years.
Vietnamese banks may see up to 16% credit growth over next two years
Demand will come from the manufacturing, construction, and real estate sectors.
Airwallex to acquire Viet IPS provider CTIN Pay
Airwallex plans to aid merchants in their overseas expansion.
Bank of East Asia officially opens Global Services Centre
It is an IT Development & Test Centre for fintech solutions and AI adoption.
Crédit Agricole CIB names new APAC head of int’l trade & transaction banking
Christophe Crétot is most recently head of corporate & leverage finance APAC.
BDO Unibank’s net income up 12% to PHP82b on service businesses’ growth
NPL ratio is 1.83% and coverage is 145%.
Security Bank’s net income up 23% to $194m on higher interest income
Interest income rose 27.9% in 2024.
Indian commercial banks’ lending up 11.8% in Q3 FY2025 on MSME demand
Credit offtake of public banks outpaced private banks.
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