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How financial services can combat climate risks

How financial services can combat climate risks

This August, the Asian Banking & Finance and SAP will provide insights on the evolving landscape for ESG in financial services.

Japanese corporates’ loan demand shrunk in April-June: survey

Thirteen lenders noted that demand was moderately weaker than the preceding 3-month period.

India’s private banks to widen gap with state peers when economy rcovers: report

Investors will likely seek signs that private lenders will be able to step up lending once COVID subsides.

Banks must leverage APIs to stay ahead amidst the open revolution: Deloitte

It opens up new revenue models and lowers the cost-to-serve.

'Buy now, pay later' speaks to convenience as more Filipinos remain unbanked

Bypassing credit cards, the payment instalment options prove to be attractive.

ASEAN regulators ramp up blockchain adoption as tech expands beyond crypto: analysts

More banks and institutions are exploring its use for payments and cross-border transfers.

China’s central bank rolls over $15.46b maturing mid-term loans: report

Fund injection is meant to keep banking system liquidity reasonably ample, PBOC said.

Mortgage loans drive up South Korean banks’ household loans in June

They also set a fresh record for half-year increase in household loan value.

India bans Mastercard from issuing new cards in the country

Mastercard has not complied with data storage rules, the Reserve Bank of India said.

Hong Kong arrests 4 in alleged $155m crypto money laundering case: report

This is the first time that the city detected a money laundering case with cryptocurrency.

Bangladesh’s City Bank clinches $30m trade finance loan with UK’s CDC

It will be used to extend foreign currency trade to local banks and businesses.

Fintechs could overtake Philippine banks in retail segment: Moody’s

Banks' slow development of digital financial services may just give fintechs an edge.

India’s banking system privatization plagued with capital, regulatory woes

They need to pump money into lenders before selling them if they want to make them more attractive to potential buyers, reports S&P.

1 in 4 in APAC plans to switch banks over the next year: study

48% are also interested in using digital-only banks to meet their needs.

Indonesian banks’ risks rise as new wave of infections dampen economic recovery

The rising number of COVID cases will delay the return to normal repayment schedules.

South Korean banks to tighten fresh lending in Q3

Rising household credit risks and tougher lending rules put a damper on lenders’ plans.