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COVID disruptions intensify risks for Chinese banks
COVID disruptions intensify risks for Chinese banks
Regional banks are more vulnerable due to weak capitalisation.
Thai banks' Q1 earnings down 8% YoY to $1.12b
The sector saw a 20-25bps growth in loan yield.
Pandemic's impact on APAC banks to stay ‘longer than expected': Fitch
Downturns will be steeper than a normal cyclical downturn and stay until 2021.
Chart of the Week: New Zealand card payments to grow 2.2% annually through 2023
The pandemic will slow card payments adoption as consumers switch to online payments.
Coronavirus drags on Chinese leasing firms' profits
Those with no parent banks to bail them out will be the most severely impacted.
Singapore lenders to report healthy Q1 loan growth as firms amp liquidity
But credit charges are expected to rise further.
Weekly Global News Wrap: Tech issues hamper US banks' bid for $310m small firms aid; EU floats relief to support extra lending
And Allianz inks bancassurance deal with BBVA.
HSBC's Q1 profit halved to $3.2b
Weakening oil prices hurt the bank.
Chinese banks post net profit, operating income growth in 2019: report
Sample size was equivalent to 71.37% of total assets and 76.77% of net profit.
Economic slump will drag Australian banks' loan performance: analysis
Wider effect will depend on stimulus measures and severity of disruption.
Hurdles ahead for Thai banks as Q1 profit drops 13%: analyst
Loan demand and NIMs are under threat because of the pandemic.
Viet banks to shoulder economic shock
The central bank has ordered banks to extend debt relief to affected borrowers.
HSBC axes top managerial posts in investment bank
Last month, the bank announced a temporary hold in redundancies.
Chart of the Week: Japan's card payments to grow 2.6% in 2020
ATM cash withdrawals are expected to fall by 5.5% during the year.
OCBC Singapore to hand out $698m in SME loans by 30 June
The bank will pass all cost savings to SMEs by lowering the interest rate.
Weekly Global News Wrap: World's ten largest banks sued for rigging US bond market; Banks want Europe to mimic US capital easing
And Credit Suisse gets approval to take a majority stake in a Chinese investment bank.
Singapore's big three banks to average 38% fall in Q1 earnings: analyst
Margins are expected to shrink 6-10 bps compared to Q4 2019.
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