Asia-Pacific
Banking and finance news from China, Japan, India, Australia, Southeast Asia, and the Pacific
India's Sovereign Green Bonds Draw 2.32 Bid-Cover Strength
India's Sovereign Green Bonds sustain strong demand with a 2.32 bid-cover ratio in FY 2025-26, with investors offering a 7 basis point greenium in the latest auction despite no tax incentives. Public sector banks transferred Rs 60,518 crore in unclaimed funds to RBI's DEA Fund as of January 2026.
Climate Fund Managers Joins Climate Bonds Network to Expand Africa Access
Climate Fund Managers has gained membership in the Climate Bonds Network, positioning itself to unlock green finance flows to emerging markets across Africa and South Asia through specialized training and blended finance innovation.
China's Big Banks Eye Profit Rebound on $8T Deposit Reset
China's top state-owned banks stand to recover profits in 2026 as nearly $8 trillion in high-cost time deposits mature and reprice lower, easing funding pressures amid economic headwinds.
GTN Wins Hong Kong SFC Licence in Dual-Hub Asia Push
GTN has secured a Type 1 licence from Hong Kong's SFC, completing its Asia-Pacific dual-hub strategy with regulated hubs in Hong Kong and Singapore.
China to Authorize 12 More Banks for Digital Yuan Expansion
Beijing plans to expand its digital yuan network by approving 12 additional banks, sources say, including Shanghai Pudong Development Bank and China Everbright Bank, to boost adoption, with cumulative transactions reaching 16.7 trillion yuan by November 2025.
OwlTing Group ranks No. 226 on FT Asia-Pacific high-growth companies list
Nasdaq-listed OwlTing Group placed 226th of 500 in the Financial Times and Statista High-Growth Companies Asia-Pacific 2026 ranking, citing a 42% revenue CAGR over 2021 to 2024.
Adyen Expands Direct Acquiring for Cathay Pacific Across Key Markets
Adyen has expanded its partnership with Hong Kong's Cathay Pacific to deliver direct acquiring services across Hong Kong, Australia, New Zealand, US, Japan, and India, lifting India authorization rates by 10%.
Singapore MAS Unveils AI Risk Toolkit for Financial Firms
The Monetary Authority of Singapore has published an AI Risk Management Toolkit, developed with 24 financial institutions under phase two of Project MindForge, to help firms manage risks from traditional, generative and agentic AI.
China's PBOC Vows Moderately Loose Policy to Bolster Growth
PBOC Governor Pan Gongsheng pledged a moderately loose monetary policy at the China Development Forum, using tools like reserve ratios and interest rates to ensure ample liquidity amid RMB appreciation. He also welcomed overseas investors to China's financial markets.
South Korea Names BIS Economist Shin Hyun-song as Next Bank of Korea Governor
South Korea's presidential office named BIS Economic Adviser Shin Hyun-song as the next Bank of Korea Governor, succeeding Rhee Chang-yong whose term ends in April 2026.
India Launches CGSMFI-2.0 to Boost Microfinance Lending
The Government of India has rolled out Credit Guarantee Scheme for Microfinance Institutions-2.0, offering up to 80% guarantee cover to encourage bank lending to MFIs. It targets support for 36 lakh small borrowers until June 2026 or ₹20,000 crore in guarantees.
HKMA Tracks Fed's Steady Rates Amid Uncertainty
The Hong Kong Monetary Authority (HKMA) has reaffirmed its commitment to monetary stability following the US Federal Reserve's decision to keep the federal funds rate unchanged at 3.5-3.75%.