Markets

APAC emerging market banks' fate rests on sovereign support: Fitch Ratings

They are likely to deteriorate deeper should governments fail to mitigate fiscal risks.

APAC emerging market banks' fate rests on sovereign support: Fitch Ratings

They are likely to deteriorate deeper should governments fail to mitigate fiscal risks.

Chinese banks face headwinds in Q1, but asset growth rebounds

Asset quality tightened but is yet to reflect the effects of the pandemic.

Small banks in Malaysia, Singapore under threat as neobanks emerge

Small banks could lose market share as digital newcomers target underserved segments.

Hong Kong regulator launch job programme for local financial industry

It will offer 300 roles for students graduating in 2020 with a bachelor’s degree.

ADB, UN ESCAP boost partnership amidst pandemic

The two organisations will work together to address COVID-caused issues in Asia.

Risk-averse investors push Singapore bank deposits up

Foreign currency deposits skyrocketed to $19b (S$27b) in April.

India may inject almost $20b into state-owned banks

A final decision could be made in H2 of India’s fiscal year.

Singapore big three's total dividends to decline 3.1% in 2020

UOB is expected to suspend its special dividend for the fiscal year.

Stable playing field a gain for Singapore banks: report

High credit costs can be covered by profits.

Asian banks face consolidation as fintechs, neobanks usurp market

Banks’ hopes for survival lie in the US$100b of new revenue opportunities, reports McKinsey & Co.

Chinese central bank should dodge bond buying: adviser

It could lead to inflation and the depreciation of the yuan.

Singapore's Big Three banks fell in Q1 as pandemic persists

Compressed net interest margin and rise in non-performing loans are to be expected, according to analysts.