Asian Banking & Finance

Thailand’s SCB, SCG offers green loans for net zero buildings
The loan will help entrepreneurs transition their buildings to net zero structures.
ZA Bank unveils business loan for Global Payments merchants
The virtual bank examines credit health based on business activities, amongst others.
India rejects 2 applicants for a small finance bank licence
Two other applications remain under examination.
Philippine central bank simplifies FX policy for foreign investment registration
Foreign investments can now be registered upon registering at any authorized agent bank.
Philippine bank lending up 8.6% in Feb on higher motor and card loans
Consumer loans grew 25.2% partly due to demand for motor vehicle loans rising.
OCBC’s green car loans surged sixfold as new EV brands pique buyers
Loan demand for used EVs rose 30 times compared to launch, the bank said.
BOCHK warns against phishing website
The fake login page intends to steal customers’ data, BOCHK said.
Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
AMINA onboards clients for crypto financial services
Its initial product offering includes crypto ETPs, dual currency notes, and capital-protected notes.
China investment banks report dismal fees as IPOs and M&As fall to decade low
Banks only raised $3.1b in fees from IPOs– a 78% decline from Q1 2023.
ICBC planning $5.5b loss absorbing bonds sale: report
The world’s largest bank by assets is likely to issue CNY20b.
Korean banks’ household loans drops in March as mortgage demand slows
In contrast, bank lending to the corporate sector increased by over KRW10t.
Transferable deposits drive South Korean banks’ deposit growth in March
Banks hold an outstanding KRW2.36t in deposits as of end-March.

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Exclusives

Exclusives

Retail Banking Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
Banking Technology Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.
Wealth Management BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.
Wealth Management How have banks’ wealth management pivots played out?
There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.
Bank Jago’s life-centric approach suits new style of financial management
The tech-based bank has assisted more than 10 million Indonesians through seamless integration into the digital ecosystem since 2021.
BCA Group’s blu app expands digital ecosystem through BaaS
The strategy has successfully fostered transactions and built customer trust by 53.4% throughout 2023.

Top News

Thailand’s SCB, SCG offers green loans for net zero buildings
The loan will help entrepreneurs transition their buildings to net zero structures.
ZA Bank unveils business loan for Global Payments merchants
The virtual bank examines credit health based on business activities, amongst others.
India rejects 2 applicants for a small finance bank licence
Two other applications remain under examination.
Philippine central bank simplifies FX policy for foreign investment registration
Foreign investments can now be registered upon registering at any authorized agent bank.
Philippine bank lending up 8.6% in Feb on higher motor and card loans
Consumer loans grew 25.2% partly due to demand for motor vehicle loans rising.
OCBC’s green car loans surged sixfold as new EV brands pique buyers
Loan demand for used EVs rose 30 times compared to launch, the bank said.
BOCHK warns against phishing website
The fake login page intends to steal customers’ data, BOCHK said.
Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
AMINA onboards clients for crypto financial services
Its initial product offering includes crypto ETPs, dual currency notes, and capital-protected notes.
China investment banks report dismal fees as IPOs and M&As fall to decade low
Banks only raised $3.1b in fees from IPOs– a 78% decline from Q1 2023.
ICBC planning $5.5b loss absorbing bonds sale: report
The world’s largest bank by assets is likely to issue CNY20b.
Korean banks’ household loans drops in March as mortgage demand slows
In contrast, bank lending to the corporate sector increased by over KRW10t.
Transferable deposits drive South Korean banks’ deposit growth in March
Banks hold an outstanding KRW2.36t in deposits as of end-March.

Exclusives

Retail Banking Banks grapple through era of disruption by being the disruptor
Companies are facing not just tech transformations but also shorter skill lifespans for their workforce.
Banking Technology Empathy deficit erodes customers’ trust in banks
Customers who feel valued are willing to spend more for banking products.
What Makes BNI's API Service Stand Out in the Open Banking Era?
Until December 2023, the bank's application programming interface attracted 4,000 customers and generated transactions worth IDR 828 trillion in the past year.
Wealth Management BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.
Wealth Management How have banks’ wealth management pivots played out?
There’s up to $25b in fees to be made in Asia, but it’s a tough market, an analyst said.
Bank Jago’s life-centric approach suits new style of financial management
The tech-based bank has assisted more than 10 million Indonesians through seamless integration into the digital ecosystem since 2021.
BCA Group’s blu app expands digital ecosystem through BaaS
The strategy has successfully fostered transactions and built customer trust by 53.4% throughout 2023.

Join the Asian Banking & Finance community