News
Mebuki's profits to improve but unrealised losses to rise
Its problem loans ratio is stable due to strong borrower quality.
3 days ago
Mebuki's profits to improve but unrealised losses to rise
Its problem loans ratio is stable due to strong borrower quality.
3 days ago
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.
3 days ago
Techcombank’s Prasenji Chakravarti lays bare their ESG strategy
The bank is transforming its IT infrastructure to better process green data.
3 days ago
ING names ex-BofA Merril Lynch banker as APAC corporate finance head
Gautam Saxena also founded the venture capital fund Pegasus 7 Ventures.
3 days ago
Endowus launches full-service digital wealth platform in Hong Kong
It is also launching its flagship portfolios in May 2024.
3 days ago
SC Ventures, ENGIE Factory back conservation financing venture
The venture is expected to launch this year.
3 days ago
CIMB’s Dato’ Abdul Rahman Ahmad to step down as group CEO
CIMB has not named a successor yet.
3 days ago
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
3 days ago
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.
3 days ago
Philippine National Bank’s profitability to improve on more SME loans
Liquidity is expected to decline as it accelerates lending in 2024.
3 days ago
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
3 days ago
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.
3 days ago
APAC fintech investment declines, AI funding soars
AI emerges as a leading sector for venture capital, while traditional fintech areas in Asia see reduced funding.
3 days ago
APAC payments gateway market to rise 30% as cashless economy expands
The market is expected to grow by over 11% between 2023-2027.
4 days ago
Trading platform Banxso secures Australian license
It will offer real-time data, analytics tools, and educational resources.
4 days ago
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.
4 days ago
Bangkok Bank bookmarked $1.09b in cash for Songkran 2024
The cash was expected to have served over 8,000 ATMs and branches.
4 days ago
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HSBC Hong Kong shines at ABF Retail Banking Awards
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1. DBS and OCBC expected to deliver steady Q1 net profits 2. Financial firms lead LinkedIn’s top companies in Singapore 3. OCBC’s green car loans surged sixfold as new EV brands pique buyers 4. HK-based fintech KPay expands operations to Singapore 5. Endowus launches full-service digital wealth platform in Hong KongAwards
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