Australia
Bushfires to have modest effect on Australian banks' credit losses: analysis
But losses from business lending could increase.
Bushfires to have modest effect on Australian banks' credit losses: analysis
But losses from business lending could increase.
Australian borrowers hit by bushfires face risk of inadequate insurance coverage
Disruptions on local employment could drive arrears up.
Australian fintech firms raise over $2.7b from 2015-2019
Deals over $100m comprised 41.9% of capital raised.
Australian banks asset quality still strong despite surging mortgage arrears
Capital ratios of major banks rose ahead of higher capital requirements by 1 January.
Westpac chairman, CEO to step down amidst money laundering probe
The bank is the third of Australia’s major banks to lose executives after scandals for the past year.
Australia's Westpac hit with up to $328t fine for money laundering
The bank is accused of enabling payments from child sex offenders.
Australian banks' earnings to remain under pressure in FY2020
No thanks to growing customer remediation costs.
Australian banks may issue euro bonds to meet capital requirements
They will need to raise $34.32-41.87b worth of Tier-2 capital by 2024.
Australian contactless cards to hit nearly 70 billion by 2023 as cash loses luster
The number grew at a CAGR of 12.7% from 2015-19.
Australia's big banks may need to raise $12.6b to plug steep capital requirements
ANZ may see its CET1 ratio cut by about 75 bps.
Australian banks grapple with funding gap's historic low of 40% in Q1
Investor loan growth slowed to less than 1%.
Can Australian banks meet heavier capital requirements?
The regulator is proposing an aggregate-level risk-weight floor based on internal ratings-based approach.
Open banking could uplift Australian banks
The big four banks will be required to make data available for transactions by February 2020.
Chart of the Week: What annoys APAC bank users the most?
Frozen credit cards no longer spark as much annoyance.
Australian banks cut term deposit rates amidst cheaper funding
About 130 interest rate cuts were recorded in individual term deposit products in March.
Australian banks blame tighter credit checks for home loan decline
Applications dwindled despite unchanged loan success rate.
Australian banks slammed over repayment delays
Customers had to pay for services they did not receive.
Commentary
Southeast Asia’s digital banks – the road from good to great
Reshaping fraud detection in Asian finance with knowledge graphs
Why is willful default a growing threat to Bangladesh’s financial stability?
Mobile Wallets are Southeast Asia’s Pathway to Financial Inclusion