Asian Banking & Finance

China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
ING names ex-BofA Merril Lynch banker as APAC corporate finance head
Gautam Saxena also founded the venture capital fund Pegasus 7 Ventures.
Endowus launches full-service digital wealth platform in Hong Kong
It is also launching its flagship portfolios in May 2024.
SC Ventures, ENGIE Factory back conservation financing venture
The venture is expected to launch this year.
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high
Funding to crypto firms more than tripled compared to Q4 2023.
Philippine National Bank’s profitability to improve on more SME loans
Liquidity is expected to decline as it accelerates lending in 2024.
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
Overseas Filipinos’ remittances up 3% to $2.95b in Feb
A total of $2.65b in remittances coursed through banks, the central bank said.   Personal remittances from Overseas Filipinos (OFs) grew by 3% to $2.95b in February, according to central bank data.
APAC fintech investment declines, AI funding soars
^ "https://vimeo.com/935320985"
AI emerges as a leading sector for venture capital, while traditional fintech areas in Asia see reduced funding.
APAC payments gateway market to rise 30% as cashless economy expands
The market is expected to grow by over 11% between 2023-2027.
Trading platform Banxso secures Australian license
It will offer real-time data, analytics tools, and educational resources.
Payment firm Nium now a registered financial service provider in New Zealand
It plans to offer virtual accounts, and debit and prepaid cards, amongst other services.

Join the Asian Banking & Finance community

Exclusives

Exclusives

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.
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.

Top News

China boosts financial services to advance new industrialisation
Insurance funds should provide long-term stable financial support.
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
ING names ex-BofA Merril Lynch banker as APAC corporate finance head
Gautam Saxena also founded the venture capital fund Pegasus 7 Ventures.
Endowus launches full-service digital wealth platform in Hong Kong
It is also launching its flagship portfolios in May 2024.
SC Ventures, ENGIE Factory back conservation financing venture
The venture is expected to launch this year.
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
Funding to SEA fintechs drop 44% in Q1 but early-stage fintechs fly high
Funding to crypto firms more than tripled compared to Q4 2023.
Philippine National Bank’s profitability to improve on more SME loans
Liquidity is expected to decline as it accelerates lending in 2024.
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
Overseas Filipinos’ remittances up 3% to $2.95b in Feb
A total of $2.65b in remittances coursed through banks, the central bank said.   Personal remittances from Overseas Filipinos (OFs) grew by 3% to $2.95b in February, according to central bank data.
APAC fintech investment declines, AI funding soars
^ "https://vimeo.com/935320985"
AI emerges as a leading sector for venture capital, while traditional fintech areas in Asia see reduced funding.
APAC payments gateway market to rise 30% as cashless economy expands
The market is expected to grow by over 11% between 2023-2027.
Trading platform Banxso secures Australian license
It will offer real-time data, analytics tools, and educational resources.
Payment firm Nium now a registered financial service provider in New Zealand
It plans to offer virtual accounts, and debit and prepaid cards, amongst other services.

Exclusives

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.
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.

Join the Asian Banking & Finance community