Markets

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.

Volatility spells investment losses for Thai non-bank financial firms

Higher NPLs and credit costs may set in once measures expire.

Chinese banks still see long-term stability ahead

The sector is cushioned enough to absorb eroding asset quality.

Coronavirus to amplify hierarchy in Chinese banks: analysis

Banks with high exposure to SMEs will bear the brunt of the epidemic.

Economic woes fuel pressure on COVID-hit Japanese banks: Fitch Ratings

Asset quality will likely decay faster than estimated, impeding efforts to sustain profits.

Sri Lankan banks face medium-term deterioration

Weaker profitability will weigh on capitalisation.

Singapore banks urged to use capital buffers

The regulator has eased funding requirements to allow for more losses.

Singapore monetary board relaxes regulations for COVID-hit banks

Banks can now adjust their capital buffers to support lending activities.

Commercial banks key to protecting COVID-hit Malaysian economy

The sector has enough liquidity to buttress embattled businesses.

Singapore monetary board names new assistant managing director

Celine Sia will hold the position for economics and knowledge management.

Challenging times ahead for Singapore's banking industry

Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.