bank outlook

Financial institutions face four emerging challenges as digitisation ramps up

FIs role as the middleman is under threat as tech firms mull offering financial services.

Financial institutions face four emerging challenges as digitisation ramps up

FIs role as the middleman is under threat as tech firms mull offering financial services.

Japan’s new PM a positive for banks’ earnings outlook: Jefferies

Banks’ credit costs are expected to undershoot their guidance.

India’s COVID surge to impede borrowers’ debt repayment capacity: Moody’s

The economy will return to growth by end of the fiscal year, but asset quality will remain in doldrums.

Improved outlooks on the horizon for Chinese finance companies

Policies to slow debt growth and control property prices appear to be working, abating economic risks.

Thai banks sufficiently buffered against ongoing risks: Fitch

Escalation of the pandemic in Thailand will significantly affect business activity in H2.

Secret Sauce for the Banking Industry

According to Singapore’s largest bank DBS, the volume of cash deposits and withdrawals fell by an unprecedented 11% in the first 3 months of 2020, a 6% fall from where the figure had been since 2017. Coupled with extraordinary growth in the adoption of e-payments, it’s safe to say that COVID-19 has altered consumer behaviour—and fast. 

South Korean incumbent banks’ profits at risk as Kakao Bank expand loan services

The internet-only bank plans to launch mortgages and merchant loan products.

SEA banks’ asset quality visibility still cloudy amidst extended loan relief schemes

Non-performing loan ratios will likely peak only by end-2021 or 2022, when relief measures expire.

Risks for Sri Lankan banks may rise when ISB investment suspension lifts: Fitch

Even with the suspension lifted, banks will still have difficulties accessing foreign currency funding.

Baiduri Bank’s margins likely tepid in 2021, but with profits satisfactory: S&P

The bank is expected to see moderate credit growth and satisfactory profits.