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Indian banks strong buffers to limit risk of COVID-19 resurgence: analyst
Indian banks strong buffers to limit risk of COVID-19 resurgence: analyst
Several factors will help Indian banks mitigate their risks.
TransBank, Credit Bank marks first day of merger
The merger was approved by the Bank of Mongolia last July.
How financial firms can take climate action beyond CSR campaigns
SAP tells Asian Banking and Finance how to manage climate risks in the financial industry.
More mergers of small Australian banks imminent: analysts
Two mergers were announced in August alone, and as regulatory costs remain high, more might seek to consolidate.
South Korean regulator nominee reject cryptocurrency as financial asset: report
Koh also reiterated his commitment to curb increases in household debt.
Ping An Bank profits up 45% in Q2, but NIM contraction to continue
Whilst fee income and loan growth is robust, capital position weakened.
Digital dominance to decide Singapore’s retail banking future
Traditional banks are struggling to keep up.
Hong Kong’s ZA Bank hits 400,000 users
This is equal to 5% of the city’s total population.
Citibank Korea postpones exit plan decisions until September —report
This marks the second delay in its exit plan decision.
Chart of the Week: Australia card payments value to rebound 8.3% in 2021
The rising use of contactless and e-commerce payments will support the growth of the segment.
Deutsche Bank Wealth Management appoints new SEA investment team head
Alania Conception is previously head of investment consulting for Credit Suisse Singapore and Malaysia.
SEA fintechs to shift focus on profits as adoption gains pace: Fitch
The region’s large unbanked population underpins its market potential.
Japan’s Mizuho suffers nationwide ATM glitch
This follows a series of technical problems since Friday.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
Deutsche Bank names APAC head of wealth solutions
Dominique Jooris was CEO of Bank Pictet & Sie in Singapore prior to his new role.
Bank of East Asia profit rebounds nearly 75% to $2.67b in H1
This increased from $1.53m in the same period last year.
Philippine lender SB Finance teams up with FinScore to enhance credit scoring power
SB Finance said it will use FinScore’s solution to predict the creditworthiness of borrowers.
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Navigating liquidity challenges for VCs in Asia Pacific
Show, don’t tell: Asian banks need to prove simplification works – here’s how