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How will China’s new rules on asset classification affect banks?

The new measures expand on classifying asset risks of banks.

How will China’s new rules on asset classification affect banks?

The new measures expand on classifying asset risks of banks.

3 principles guide Bank Aladin Syariah in tapping Indonesia’s customer segments

Within a year, the digital sharia bank got past low penetration to record 1.7 million customers and now targets multiple times growth by end-2023.
5 days ago

Bankers face sluggish hiring market, layoffs in Hong Kong

Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.

AT1 write-down ‘negligible’ to APAC banks, but should they still worry?

Analysts said APAC banks will suffer no direct impact from the Swiss bank but should keep an eye out on regulators.

SG fintech Volopay targets to triple revenue by June 2024

Rising above the pandemic, varying regulations, and talent pool challenges, Volopay sets an ambitious goal to expand operations.

1 in 5 of OCBC’s home, renovation, and car loans now green

The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.

DANA bridges the financial divide in Indonesia

DANA's digital wallet empowers the unbanked and underbanked situations in Indonesia and now has 135 million users.

Did digital banks fail to disrupt?

Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.

Banks lagging behind net zero energy goals

Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.

DBS’ Lareina Wang on why role models matter to women in banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

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.

AI adoption in banking not a race but a question of trust: HSBC exec

AI achievers enjoyed 50% greater revenue growth on average, according to Accenture.

What’s in store for crypto’s future after the FTX debacle

Asian Banking & Finance spoke with industry experts and crypto leaders to learn how the exchange's bankruptcy affected the industry.

Intent vs ability: Why lending models must be revised to foster financial inclusion

Current mechanisms leave out SMEs and MSMEs from accessing much-needed credit.

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’.