News
South Korean banks’ bad loan ratio hits record low in Q
South Korean banks’ bad loan ratio hits record low in Q
Ratio of bad loans to total lending came at only 0.62% as of end-March.
Singapore’s fintech top-dog envisions city as Asian hub for capital raising: report
The country hit a record for fintech investments last year, and more is expected, says MAS’ Mohanty.
Standard Chartered Singapore launches digital relationship manager app
It allows clients and managers to connect and authorise transactions.
China’s Huarong likely to receive extraordinary government support: S&P
This also bodes well for its overseas bond issuer Huarong International.
Taiwan’s banking sector stable despite recent COVID infection spike: Fitch
All local banks’ outlooks remain stable thanks to Taiwan’s economic resilience.
India, Philippines banks in trouble amidst renewed infection surge
Emerging banks in Asia continue to be in a tough operating environment, says Fitch.
Significant gaps remain in financial accessibility, awareness: study
Over half of both unbanked and banked individuals feel that they are underserved, Mambu’s study found.
Pandemic accelerates Singapore’s cashless push by four years: Visa study
About 31% of locals pick contactless cards as their most preferred payment options.
Vietnamese banks’ profits to improve: Moody’s
Higher yields from their retail loans will push up earnings.
Singapore banks' full-year loan forecast still at 'modest' 0.3%: report
Whether the uptick can be sustained remains to be seen.
Bank Jago partners with Mambu to enhance digital banking services
The bank will use Mambu’s SaaS banking platform.
BRI Agro partners with Payfazz to offer digital banking solutions
Payfazz agents can now offer Pinang’s savings, lending solutions to their 10 million customers.
Bank of Korea to carry out mock test on functionality of digital currency: report
The test will reportedly start in August and run until June 2022.
Deutsche Bank appoints new regional treasurer for APAC
Ip first joined the bank’s London branch in 2004.
APAC banks face time bomb of risks amidst new climate change policies
Those who drag their feet when it comes to ESG compliance face a future of impairments, reputational damage.
Indonesia mulls digital rupiah: report
The central bank is looking at how it will help monetary policy goals.
HSBC exits US mass market retail banking, sells 90 branches
All personal, advance, and retail business banking customers with turnover below $5m are affected.
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1. Singapore big three banks to sustain strong dividends in 2026: report 2. Banks shift deposit strategy from rates to relationships 3. Australia big four banks hold majority of loans in mortgages 4. Why APAC banks must rethink their approach to the cost reduction challenge 5. Indonesia’s big four banks to hit 9.3% loan growth in 2026Resource Center
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
Bhagavi Sridharan explains how the ABCD app offers a seamless, unified experience across diverse financial products.
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Why APAC banks must rethink their approach to the cost reduction challenge
Thailand backs major conglomerates for digital banks but risks stifling innovation