Asian Banking & Finance

Sustainable fund inflows reach record high, but Asian firms register slowdown
Asia ex-Japan and China lost $22m of funding in Q4.
Bank of the Philippine Islands' issues $373m fixed-rate bonds due 2024
BPI Rise Bonds have an interest rate of 5.75% per annum.
UnionBank net income up 12% to $233.59m in 2022
Revenue hit a record high, whilst consumer loans rose after acquiring Citi’s assets.
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
High inflation, interest rates may increase Southeast Asian banks’ loan problems
Both asset quality and profits will weaken but should be manageable, says Moody’s.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed  Cecil Branch and Premier Centre.
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
Chart of the Week: India’s card payments market to reach $581.2b by 2026
The card payments market value grew 26.7% in 2022, according to estimates.
Korean banks’ bad loans ratio up 0.02ppt in November
Ratio reflects loans overdue by at least one month.
India’s Yes Bank saw profit drop 80% in Q4 2022: report
The bank aims to recover INR10b in the current quarter, its chief executive said.
Australian structured finance issuance slowdown imminent in 2023: S&P
The multiple interest rate raises will begin to bite on issuers.
Filipinos spent 9 years in total using digital lending apps in 2022
Over 2.3 million users actively used a digital lending platform at least once a month.

Join the Asian Banking & Finance community

Exclusives

Exclusives

Retail Banking Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
DBS Hong Kong offers two-in-one instant loan and credit card combo 
Users just need to scan their HKID to get both cash and a digital card in a single application.
Branch Banking Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
Financial Technology BNPL regulations toughen debt prevention and financial literacy in APAC
The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.
Branch Banking Why the universal banking model is no longer sustainable
Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.
Financial Technology For French fintechs, Asia is a land of opportunities and learning
Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.

Top News

Sustainable fund inflows reach record high, but Asian firms register slowdown
Asia ex-Japan and China lost $22m of funding in Q4.
Bank of the Philippine Islands' issues $373m fixed-rate bonds due 2024
BPI Rise Bonds have an interest rate of 5.75% per annum.
UnionBank net income up 12% to $233.59m in 2022
Revenue hit a record high, whilst consumer loans rose after acquiring Citi’s assets.
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
High inflation, interest rates may increase Southeast Asian banks’ loan problems
Both asset quality and profits will weaken but should be manageable, says Moody’s.
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed  Cecil Branch and Premier Centre.
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth.
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
Chart of the Week: India’s card payments market to reach $581.2b by 2026
The card payments market value grew 26.7% in 2022, according to estimates.
Korean banks’ bad loans ratio up 0.02ppt in November
Ratio reflects loans overdue by at least one month.
India’s Yes Bank saw profit drop 80% in Q4 2022: report
The bank aims to recover INR10b in the current quarter, its chief executive said.
Australian structured finance issuance slowdown imminent in 2023: S&P
The multiple interest rate raises will begin to bite on issuers.
Filipinos spent 9 years in total using digital lending apps in 2022
Over 2.3 million users actively used a digital lending platform at least once a month.

Exclusives

Retail Banking Better rates, lower fees not enough for digital banks to make a profit: analyst
Those who can tap into their parents’ customer base have the best chance of success.
BNPL platforms risk losing trust by ignoring SFA Code of Conduct
Under the Code of Conduct, BNPL providers need to show customers their ‘Trustmark’.
DBS Hong Kong offers two-in-one instant loan and credit card combo 
Users just need to scan their HKID to get both cash and a digital card in a single application.
Branch Banking Citi entices Hong Kong’s ultra-wealthy with first-ever Global Wealth Centre
The 10,000-square-foot space is staffed by senior bankers and specialists.
Financial Technology BNPL regulations toughen debt prevention and financial literacy in APAC
The Philippines, Vietnam, and Indonesia are more vulnerable to the risks of credit products, Euromonitor International reported.
Branch Banking Why the universal banking model is no longer sustainable
Changing customer attitudes and lowered barriers to entry has transformed how banks’ fortunes are made.
Financial Technology For French fintechs, Asia is a land of opportunities and learning
Compared to Europe, fintechs in Asia have struck a balance with banks, says Bpifrance Deputy CEO Arnaud Caudoux.

Join the Asian Banking & Finance community