Markets
India may inject almost $20b into state-owned banks
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.
Singapore allows finance firms to reopen select locations starting 2 June
But most staff will continue to work from home.
Chinese central bank should dodge bond buying: adviser
It could lead to inflation and the depreciation of the yuan.
Weekly Global News Wrap: Spanish banks reopen; StanChart defends climate goals after carbon finance flak
And Morgan Stanley agrees to pay $5m fine.
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.
Weekly Global News Wrap: US Fed to grant funds vs payroll loans; Germany ‘worried' if banks can survive economic crisis
And Wells Fargo caps coronavirus relief at $10b.
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.
Commentary
Thailand backs major conglomerates for digital banks but risks stifling innovation