News
Krungsri’s profit rises 6.9% in 2025 as retail and SME loans contract
Krungsri’s profit rises 6.9% in 2025 as retail and SME loans contract
Its CEO warned of slower economic growth and consumption in 2026.
Mizuho and Fujitsu automate 70% of SME order processing tasks
It streamlines 70% of order processing tasks by elimination manual input and conversion work.
Citi foresees more Asia M&A deals on healthcare and multinational moves
In 2026, Citi already led two M&A biopharma deals in China.
Grab launches iPhone tap-to-pay feature
Merchants can accept contactless cards without POS hardware.
SCB X’s net profit rose 8.1% to $1.51b in 2025
But its loan portfolio contracted and net interest income dropped 8%.
Mega ICBC's problem loans may rise on SME and tariff risks: Moody’s
The bank’s foreign currency loan portfolio may benefit from higher USD lending margins, however.
Maybank targets 13%–14% ROE by 2030 under ROAR30 strategy
It aims for a NIM of over 2.05% and a cost-to-income ratio of not more than 47%.
OCBC sets up securities financing unit to mobilise idle assets
Customers have the chance to earn fee income from lending out their idle securities.
Modern card issuing doubles as banks shift from UX to cost
The number of cards issued this way is expected to be at 1.6 billion by 2030.
Trust is first banking app in Singapore to offer fractional trading
It now gives access to over 7,000 US stocks and ETFs.
Moneymax launches credit push as 95% of Filipinos “credit invisible”
The company will release guides and hold webinars in partnership with the CCAP.
Airwallex buys Paynuri to enter South Korea payments market
It plans to hire 20 employees in the market in 2026.
SMBC to transform India branches into subsidiary after conditional RBI nod
The Japanese megabank will transform its local presence into a centralised corporate structure.
Taiwan card sales fell to $12.55b in November
Revolving credit also came in much lower than the previous month.
India's Canara Bank enables UPI payments on ai1Pe app
Canara Bank now has access to the latest UPI functions and updates.
UOB logs ‘highest’ Copilot usage amidst 40-branch rollout
Specialised digital assistants now manage product inquiries across Singapore.
ICICI profit slips as provisions more than double in Q3 2026
The bank had to make a $143m for regulatory compliance related to agri loans.
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