News
Vietnamese banks' problem loan ratio to fall to 4.8% by 2020 as lenders wipe slate clean
Vietnamese banks' problem loan ratio to fall to 4.8% by 2020 as lenders wipe slate clean
Most banks are expected to fully write off bonds from VAMC.
How RHB Bank aims to plug Malaysia's $20b SME funding gap
The bank aims to extend $7.5b in new and additional loans for SMEs by 2021.
Big Thai banks keep payouts low to boost capital
Capital positions are well beyond regulatory requirements.
P2P money transfers take off in underbanked Myanmar
Market leader Wave Money has amassed around 7 million subscribers.
Thai banks' credit costs to fall to 1.16% by end-2019
NPL ratio has been stable at 3.9-4.0% since 2017.
Singapore banks hit average dividend yield of 4.5% in H1
DBS led the pack with a dividend yield of 4.9%.
Thai banks' loan growth may slow to 4.1% by end-2019
SME loans and mortgages will grow at a slower pace.
New prime rate mechanism poses risk to Chinese bank profitability
With narrower loan margins, some banks may turn to riskier activities to boost earnings.
ASEAN banks perform poorly in environment sustainability survey
However, banks in Singapore outperformed their peers.
Rising risks hit Indian banks as regulators call to save NBFIs
The defaults of Infrastructure Leasing & Financial Services and Dewan Housing has investors spooked.
SWIFT banks on gpi and blockchain in APAC expansion as it trials DLT in Singapore
SWIFT gpi is carrying over $300b a day in 145 currencies across more than 1,200 country corridors.
Singapore fintech funding nearly quadrupled to US$453m in first six months of 2019
The number of deals surged 55% to 48.
Singapore bank NIMs hit 1.84% in H1
Margins widened in tandem with rising interest rates.
Weekly Global News Wrap Up: Mobile money takes over Africa; US regulators mull changes to Volcker Rule
And Nordic banks hit by negative rates may pass on the burden to customers.
Chart of the Week: Korea's internet-only banks still sparring for market share
The two players only account for 0.6% of the loan market in Q1.
Banks in Singapore brace for mounting asset risks
New NPL formation rose for all three banks in Q2 due to large overseas exposures.
OneConnect's Rohit Chowdhry to grace the ABF Digital & Open Banking Conference 2019
He will discuss how partnerships with ecosystem players can create open banking models.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?
The Asian connection: China's path to sustainable growth