Southeast Asia

UOB banks on 4 ASEAN income to hit 2026 ROE target

The bank aims to grow its wholesale banking and retail banking businesses.

Thailand, Philippine central banks discuss AI, digital payments in bilateral meeting

They discussed the use of AI to support the central bank’s work, amongst others.

Central banks of Thailand, Vietnam hold bilateral meeting

The central bank representatives discussed banking and policy issues.

Malaysia, Indonesia renew bilateral swap agreement.

The agreement has been extended for another 5 years.

South Asia, SEA have ‘greatest potential’ for fintech lending: study

South Asia’s fintechs and young population lifted its rankings.

MoneyHero revenue up 24% to $20.7m in Q2

Its revenue in Singapore rose by 68%.

Malaysia, Cambodia launch cross-border QR payment linkage

The initiative’s first phase has concluded as of 19 September.

Bank-fintech alliance a win-win, says HSBC

Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.

YUP raises US$30m in Series B funding round

It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.

OCBC unveils next-generation programme for wealthy customers

An estimated $2.5t in intergenerational wealth will be passed to the next gen by 2030.

SEA fintechs clinch $851m of funding in H1

Digital lender ANEXT Bank was one of two major funding rounds during the period.

UOB poised to benefit from growth of SEA's mass affluent segment

UOB has woven partnerships with privilege banking to appeal to the segment.

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.

Why BNPL is booming in Southeast Asia

BNPL providers in the region now focus on strategic partnerships, business model innovation, and ecosystem development.

BNPL provider Atome Financial doubles operating income in 2023

It’s BNPL services are now profitable, the company said in a press release.