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Asian Banking & Finance - The Latest News, Analysis, Profit Results, Share Price Information, and Commentary. Asian Banking & Finance covers all Asia business, economic, investment, fintech, bank, finance news, and more.
- 124articles · 30d
- 2+ day agolatest article
- Aug 17, 2026earliest in window
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- 225avg words
- Finance & Business 123
- Economy, Business & Finance 121
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News
Banks rethink legacy IT costs to fund AI
1+ week, 5+ day ago (296+ words) Banks are rethinking legacy technology spending and vendor strategies to free capital for AI whilst keeping operations resilient. Asian banks are under pressure to free technology spending for artificial intelligence as maintenance, security, and rising software costs consume most IT…...
Hong Kong’s revolving credit line originations contract more slowly
2+ week, 2+ day ago (112+ words) The number of consumers carrying revolving line balances fell by 5.5%. Revolving lines in Hong Kong remained subdued in the Q2 2026 period, although the rate of contraction has slowed, according to data from TransUnion. Origination volumes in Q1 declined by 7.8% year-on-year (YoY), whilst…...