In Focus

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

Every 100bp rate cut would free PHP106b of liquidity.

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

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

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.

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

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

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

Loan growth will remain tepid at 11%.

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

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

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

The emergence of fintechs is whittling down their dominance.

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

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

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.