Frances Gagua

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.

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.