Frances Gagua

Stable outlook for Australia’s Defence Bank: Moody’s

Asset quality pressures will remain contained.

Australia’s Alex Bank raising $20m

The bank’s lending strategy focuses on the consumer finance market.

OCBC launches net zero loan for corporates

Companies get a reduced interest rate on their loans when they meet targets.

UBS buys Credit Suisse in “emergency rescue”

The $3.2b acquisition has the full support of Swiss financial regulators, UBS said.

Low risk of bank runs in Asia: analyst

Japanese banks are the most vulnerable and face flat NIM growth.

Indonesia’s Bank BTN names Nixon LP Napitupulu as CEO

They have also decided that 20% of net profits for 2022 will be used as dividends.

US banking fallout has little impact on APAC banks, but contagion risks linger

The evolving situation means that problems from secondary effects may rise in the near future.

MAS in “close contact” with Swiss regulators over Credit Suisse

Credit Suisse recently announced that it is borrowing up to CHF50b.

Corporate banks ramp up data analytics to boost customer acquisition

They also plan to use data and analytics to assess productivity of relationship managers.

How Asian banks can retain their cross-border dominance

The emergence of fintechs is whittling down their dominance.

Value of CBDC payments to reach $213b annually by 2030: study

Adoption will be driven by governments boosting financial inclusion.

Japan bank lending up 3.3% in February

Average outstanding amount totalled JPY598.9t for the month.

NIM, higher expenses drag on Malaysian banks’ earnings growth in 2023

Mid- to high-single digit NIM compression will offset loan growth, an analyst said.

Security Bank face higher funding costs, lower margins in 2023

Loan growth is expected to fall by 9% year-on-year.