In Focus

UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy

UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy

The bank seeks to help address the energy crisis and rising electricity costs, says UOB’s Jasper Wong.

Exclusive

Profits of Japan's megabanks to rise in next 12-18 months

All three banks’ profits jumped over 60% for the first six months of the current fiscal year.

In Focus

ASEAN fintech funding achieves record $3.5b in 2021: study

Funding to investment tech and cryptocurrency firms grew by over 5x since 2020.

In Focus

Hong Kong mulls launching own digital currency: financial secretary

This is part of HKMA's initiative to 'push all banks to go fintech'.

Exclusive

What’s in store for the decentralised crypto industry with China’s growing antagonism?

China's stance may be concerning today, but won't affect the global industry in the long run.

In Focus

China deems 19 banks 'too big to fail'

These banks face new capital and regulatory requirements.

In Focus

FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s

Delayed goals and actions would hurt banks’ asset and loan quality in the future.

In Focus

More mergers in the horizon for Islamic banks in South Asia, SEA

For smaller players, this may be their best bet to protect their assets.

In Focus

How accelerated innovations in tech will lead to open banking

It’s a mixed bag for most SEA markets, but regulator support illuminates the future of open banking.

In Focus

Loan forbearance extension clouds Indonesian banks’ asset quality for longer

The extension is a positive for their asset quality and profits, but credit costs will remain elevated.

In Focus

Expect failures amongst Hong Kong’s virtual-only banks: S&P

Digital lenders are currently at a loss-making and some may fold over the next few years.

In Focus

SMEs mull switch to fintechs, digital banks as main finance service provider

More than one in three APAC SMEs consider switching to fintech.

In Focus

Improved outlooks on the horizon for Chinese finance companies

Policies to slow debt growth and control property prices appear to be working, abating economic risks.

In Focus

Singapore banks post robust net profit results

All three major banks reported net profits of more than $2b for the first six months of 2021.

In Focus

Thai banks sufficiently buffered against ongoing risks: Fitch

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

In Focus

Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns

The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.

Exclusive

Digitalisation creeping into non-tech roles as Singapore banks accelerate hiring

The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.

Exclusive