Markets

Chart of the Week: APAC banks not reliant on market-sensitive income

Further drops in prices of financial assets are likely if the COVID-19 outbreak persists.

Chart of the Week: APAC banks not reliant on market-sensitive income

Further drops in prices of financial assets are likely if the COVID-19 outbreak persists.

COVID-19 pushes Thai asset manager to the top

Bangkok Commercial Asset Management’s shares ballooned by 74% this year.

Asian bankers ready for nCov deal droughts

Several auctions and potential Chinese IPOs are being delayed or re-assessed.

Chinese financial firms face heightened risk from coronavirus outbreak

A significant loosening in the monetary policy will exert additional pressure on bank capital.

Malaysian banks boast ample capital despite higher buffer requirement

The central bank has currently set the countercyclical buffer at 0%.

Singapore's central bank urges boosting of finance measures vs nCov

Internal controls and demands for financial services should be managed.

Coronavirus will have little impact on Malaysian banks: analyst

Overnight policy rate cut and the 2019 nCov dented the sector.

China banks' NPL ratio could rise up above 6% if nCov outbreak persists

This could lead to shaving off 378 basis points from the sector’s capital adequacy ratio.

Singapore's central bank implements Payment Services Act

Acts on money changing and payment systems have been repealed.

Singapore and Brunei central banks expand areas of cooperation

New areas for collaboration include currency interchangeability and financial sector development.

Malaysian banks' net profit to grow 4.8% in 2020: report

But NIMs are expected to taper off a further 3bps over the period.

China's shadow banking assets shrinks to $8.42t in Q3

These assets now only account for 62% of the nominal GDP from 68% in 2018.

India may slash benchmark rates by 25bps in February

High unemployment and a subued manufacturing sector will drive rate cuts.

Malaysia's loan growth slows to 3.2% in October

Loan applications slimmed by 1.1% in the same month.