In Focus

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.

Indian banks’ profits to stabilize; weak assets to persist for some

Weak assets are expected to make up 5.2% of gross loans for FY2023.
4 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.

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.

PH banks missing out on revenue from growing middle class market

Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional finance.

Hong Kong banks reminded they may engage with virtual asset entities: central bank

There have been more comments from foreign firms on the difficulties of opening a bank account.

Australia, New Zealand’s banks face higher costs, weaker profits in H2 2023

Overall performance will be broadly similar to 2022, according to S&P Global Ratings

Filipinos spent over 4 million hours using e-wallets in 2022: study

The country’s growing population will push the active user base higher.

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.

US banking fallout has little impact on APAC banks, but contagion risks linger

The evolving situation means that problems from secondary effects may rise in the near future.

How Asian banks can retain their cross-border dominance

The emergence of fintechs is whittling down their dominance.

Singapore's MAS: banking system sound amidst US bank failures

MAS said that its local banks have “insignificant exposures” to the failed banks.

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.

Banks offer flexiwork, mentor programmes to uplift women’s careers

This International Women’s Day, we spoke with Singapore’s big three banks on how they are helping close the gender gap in their workforces.