News
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
1 day ago
Thailand's KBank targets 5-7% loan growth in 2023
Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
1 day ago
High inflation, interest rates may increase Southeast Asian banks’ loan problems
Both asset quality and profits will weaken but should be manageable, says Moody’s.
1 day ago
RHB Singapore offers 4.28% interest for its 12-month fixed deposit
The promotional rate is available only at RHB’s refreshed Cecil Branch and Premier Centre.
2 days ago
Hong Kong’s card payments market to hit $106.7b in value by 2026
But rising interest rates and ongoing geopolitical tensions threaten growth.
2 days ago
Singapore banks to report flattish Q4 22 earnings amidst slow global growth
NIMs will rise but the expansion could decelerate due to higher funding costs.
2 days ago
Chart of the Week: India’s card payments market to reach $581.2b by 2026
The card payments market value grew 26.7% in 2022, according to estimates.
3 days ago
Weekly Global News Wrap: BNP Paribas vows to slash oil lending; Bank of America employees awarded restricted stock
And Barclays names ex-Credit Suisse dealmaker as head of investment banking.
3 days ago
China overseas loan commitments dwindle as firms adapt “small is beautiful” approach
Only 28 new loan commitments were recorded in 2020 and 2021.
4 days ago
Korean banks’ bad loans ratio up 0.02ppt in November
Ratio reflects loans overdue by at least one month.
5 days ago
India’s Yes Bank saw profit drop 80% in Q4 2022: report
The bank aims to recover INR10b in the current quarter, its chief executive said.
5 days ago
Australian structured finance issuance slowdown imminent in 2023: S&P
The multiple interest rate raises will begin to bite on issuers.
5 days ago
Filipinos spent 9 years in total using digital lending apps in 2022
Over 2.3 million users actively used a digital lending platform at least once a month.
5 days ago
DBS Hong Kong offers two-in-one instant loan and credit card combo
Users just need to scan their HKID to get both cash and a digital card in a single application.
Dah Sing Bank, Sun Life enter bancassurance partnership in HK$1.5b deal
Beginning July, Sun Life will be the exclusive provider of life insurance solutions to Dah Sing’s customers.
Economic growth to cushion rising risks faced by ASEAN banks
Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.
Payment cards account for 60.9% of e-commerce purchases in South Korea
Added-value benefits of using cards help maintain its dominance.
Standard Chartered launches Signature CIO funds
Minimum investment amount is S$1,000.
Commentary
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