Asian Banking & Finance

PH banks’ total assets expanded 9.2% to $439.3b in 2023
Both lending and investing activity grew during the period.
CIMB Thai’s de-risking and cost optimisation pays off
Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.
TMT investment banking activity in APAC slated for growth in H2: Citi
Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.
Citi combines in Japan, North Asia, and Australia clusters
This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.
APAC Islamic banks continue upward trajectory with lift from new players
The launch of new Islamic players will improve access to financial services, says S&P.
DBS names Ping An Tech’s Eugene Huang as bank CIO
Huang led a team of 22,000 employees in Ping An to provide IT offerings.
Alipay+ expands to Nepal thru Nepal Clearing House partnership
Ten mobile wallets and bank apps can now pay using NEPALPAY QR.
PH fintech BillEase integrates QRPh in platform with AUB partnership
BillEase customers can now pay at over 600,000 QRPh-accepting merchants.
Share buyback, Suncorp Metway deal won’t dent ANZ’s credit profile
S&P expects the SML acquisition to be completed in mid-2024.
Ant Int'l inks MOU to ramp up Saudi Arabia expansion
The Ministry of Investment of Saudi Arabia formally expressed support for Ant’s plans.
National Australia Bank, Banked eyes boosting A2A payment adoption
Their tech enables Australian merchants to send PayTo Agreements to customers.
South Africa’s Absa Group expands to China
Absa Group will provide general advisory services to clients based in China.
Chinese banks dominant whilst Japan, South Korean banks’ assets falter
Australian and Singaporean banks’ assets remained steady, S&P’s study showed.
Citi names Damien Tan as head of corporate bank for Singapore
Tan was previously head of local corporates for Citi Singapore.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Banking Technology Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Cards & Payments How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.
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.

Top News

PH banks’ total assets expanded 9.2% to $439.3b in 2023
Both lending and investing activity grew during the period.
CIMB Thai’s de-risking and cost optimisation pays off
Moody’s Ratings says its asset quality, profitability and liquidity is “modest”.
TMT investment banking activity in APAC slated for growth in H2: Citi
Citi’s clients are “increasingly looking to raise capital” for growth and M&As, it said.
Citi combines in Japan, North Asia, and Australia clusters
This covers markets in East Asia, Australia, New Zealand, Hong Kong and Macau.
APAC Islamic banks continue upward trajectory with lift from new players
The launch of new Islamic players will improve access to financial services, says S&P.
DBS names Ping An Tech’s Eugene Huang as bank CIO
Huang led a team of 22,000 employees in Ping An to provide IT offerings.
Alipay+ expands to Nepal thru Nepal Clearing House partnership
Ten mobile wallets and bank apps can now pay using NEPALPAY QR.
PH fintech BillEase integrates QRPh in platform with AUB partnership
BillEase customers can now pay at over 600,000 QRPh-accepting merchants.
Share buyback, Suncorp Metway deal won’t dent ANZ’s credit profile
S&P expects the SML acquisition to be completed in mid-2024.
Ant Int'l inks MOU to ramp up Saudi Arabia expansion
The Ministry of Investment of Saudi Arabia formally expressed support for Ant’s plans.
National Australia Bank, Banked eyes boosting A2A payment adoption
Their tech enables Australian merchants to send PayTo Agreements to customers.
South Africa’s Absa Group expands to China
Absa Group will provide general advisory services to clients based in China.
Chinese banks dominant whilst Japan, South Korean banks’ assets falter
Australian and Singaporean banks’ assets remained steady, S&P’s study showed.
Citi names Damien Tan as head of corporate bank for Singapore
Tan was previously head of local corporates for Citi Singapore.

Exclusives

Banking Technology Why tech is not the focal point of banks’ digital transformations
About 70% of digital transformations fail, an industry expert warned.
Cards & Payments How banks should rethink pricing
It’s not just about how much customers pay but also what benefits they get.
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.

Join the Asian Banking & Finance community