Asian Banking & Finance

PH banks maintained loan standards in Q1
An estimated 3 in 4 banks maintained credit standards for housing loans.
Indonesian banks gave out more new loans in Q1
But the number is lower than in Q4 2023 and will slow down further in Q2.
Alipay+ inks deal with Jeju tourism org for exclusive offers to foreign visitors
Foreign visitors can enjoy up to 50% discounts from ZeroPay merchants.
Thailand’s central bank appoints three new senior roles
Two deputy governors are rotating while one assistant governor is moving up.
Centralised AI models propel financial institutions' success
^ "https://vimeo.com/938986438"
Financial sectors see major benefits from centralised AI strategies, though future shifts are anticipated.
China banking focuses on credit structure optimisation
PwC said the sector needs to continue to implement strategic initiatives.
Overseas expansion impacts Korean banks’ OE score
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Nium, Thredd expand virtual card partnership
The two fintech companies have issued 86 million virtual cards worldwide.
South Korean banks’ loan delinquency rate rise in February
Corporate, SME, and household loans all saw their delinquency rates rise.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
Bank of Singapore HK names ex-chief of Credit Suisse HK as its new chief executive
Rickie Chan succeeds Cindy Wong, who will serve as advisor until 31 May.
Deutsche Bank cuts 10 private banking roles in Asia: report
The bank has cut about 60 roles in Singapore and Hong Kong over the past year.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Cards & Payments Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Banking Technology Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Investment Banking Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
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.

Top News

PH banks maintained loan standards in Q1
An estimated 3 in 4 banks maintained credit standards for housing loans.
Indonesian banks gave out more new loans in Q1
But the number is lower than in Q4 2023 and will slow down further in Q2.
Alipay+ inks deal with Jeju tourism org for exclusive offers to foreign visitors
Foreign visitors can enjoy up to 50% discounts from ZeroPay merchants.
Thailand’s central bank appoints three new senior roles
Two deputy governors are rotating while one assistant governor is moving up.
Centralised AI models propel financial institutions' success
^ "https://vimeo.com/938986438"
Financial sectors see major benefits from centralised AI strategies, though future shifts are anticipated.
China banking focuses on credit structure optimisation
PwC said the sector needs to continue to implement strategic initiatives.
Overseas expansion impacts Korean banks’ OE score
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Nium, Thredd expand virtual card partnership
The two fintech companies have issued 86 million virtual cards worldwide.
South Korean banks’ loan delinquency rate rise in February
Corporate, SME, and household loans all saw their delinquency rates rise.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
Bank of Singapore HK names ex-chief of Credit Suisse HK as its new chief executive
Rickie Chan succeeds Cindy Wong, who will serve as advisor until 31 May.
Deutsche Bank cuts 10 private banking roles in Asia: report
The bank has cut about 60 roles in Singapore and Hong Kong over the past year.

Exclusives

Cards & Payments Zed challenges banking norms with no interest, forward-looking credit card
The soon-to-be-launched card will underwrite based on present and future income, not just past financial records.
Banking Technology Why tokenization and funding are two key issues for financial disruptors in 2024
HSBC's Vincent Lau a lineup of 250 speakers to discuss these at Money 20/20 Asia.
Investment Banking Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
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.

Join the Asian Banking & Finance community