News
Interest rates of new deposits, loans in South Korea rise in May
However, the overall average of outstanding loans fell.
Interest rates of new deposits, loans in South Korea rise in May
However, the overall average of outstanding loans fell.
Malaysia float new req’s to lower costs of basic banking services
The central bank is inviting written feedback on the draft policy document.
MUFG Bank invests in sustainable aviation fuel company
LanzaJet is reportedly planning to build SAF manufacturing plants in Japan.
Trade finance assets poised for tokenisation: StanChart
Trade finance could make up 16% of the estimated $30.1t market.
Fintech Airwallex records 84% revenue growth
Its Australia and New Zealand business saw revenue grow by 93%.
LinkAja enhances security amidst digital payment growth
Focus on security measures and strategic partnerships to bolster reliability and trust.
Why relationship managers must embrace the hybrid approach
It’s not just about giving advice but also using the right tools.
Thai fintech unicorn Ascend Money bags $195m investment
MUFG Bank is the lead investor.
Bank Negara Indonesia to lodge 7% net profit growth in 2024
UOBKH slashed the bank’s profit and NIM estimates, however.
Malaysia unveils policy for the disposal and purchase of impaired loans
The policy aims to provide a larger pool of buyers for the market, the central bank said.
Nomura Holdings amends securities and financial reports
The amendments correct classification errors in its cash flow statements.
Fintech venture investments in Asia to hit $548b in 2028
In 2023, Asian fintechs have clinched $369b in investments.
Property and transport loans drag down Public Bank HK’s profits
Minibus and taxi licenses made up over 40% of PBHK’s loans.
APAC lenders turn picky amidst trade disputes
China, Australia, New Zealand, and South Korea may be most impacted.
Mizuho appoints Yuta Hayashi as new group executive officer
Hayashi is also now the managing executive officer of Mizuho Bank.
APAC banks face potential impact from falling property prices
China’s declining property sales and home prices signal weakened confidence.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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