credit losses
Global banks’ credit losses expected to rise by 7% in 2025
Global banks’ credit losses expected to rise by 7% in 2025
About 80% of global banking groups have stable rating outlooks.
APAC banks face lower credit losses: S&P
Credit losses in 86 banking systems globally are expected to equal $635b in 2022.
Hong Kong banks’ credit losses to revert to pre-COVID levels before end-2022
The increase in credit losses in 2020 was manageable compared globally.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. ANZ names Stephen White as group executive operations 3. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 4. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 5. Citi nabs BofA banker to lead Chinese banking operationsResource Center
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
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Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?