Staff Reporter

Digital lenders are currently at a loss-making and some may fold over the next few years.

BOC’s non-performing asset ratio is expected to steadily decline in the next 24 months.

SmartStream’s Robin Hasson and Andy Burner, together with Standard Chartered’s Vikram Gupta discussed their thoughts on the increased demand and dependability on artificial intelligence and machine learning, as well as the opportunities and threats that come with its adoption. 

The proactive fraud detection system helped OCBC recover $8m worth of fraudulent transactions.

The Pakistani bank is set to continue promoting financial inclusion in rural areas.

The PBOC has injected a net CN¥120b into the system for this week.

Its ESG Charity credit card feature highlights the bank’s commitment to sustainability.

This reflects an almost four-fold increase from the same period last year.

Several factors will help Indian banks mitigate their risks.

The merger was approved by the Bank of Mongolia last July.

SAP tells Asian Banking and Finance how to manage climate risks in the financial industry.

Two mergers were announced in August alone, and as regulatory costs remain high, more might seek to consolidate.

Koh also reiterated his commitment to curb increases in household debt.

Whilst fee income and loan growth is robust, capital position weakened.

Traditional banks are struggling to keep up.

This is equal to 5% of the city’s total population.