emerging markets
APAC emerging market banks to enjoy double digit credit growth: report
APAC emerging market banks to enjoy double digit credit growth: report
China and Thailand will feel the most pressure, especially Chinese banks’ margins.
APAC emerging banks’ profits to benefit from higher rates in 2024
Expect some minor asset-quality deterioration, however.
India, Philippines banks in trouble amidst renewed infection surge
Emerging banks in Asia continue to be in a tough operating environment, says Fitch.
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1. Hang Seng unveils MTR Jordan Station Retail Banking Centre 2. HSBC, Allianz Life launch wealth growth and life protection plan in Malaysia 3. OCBC, Ant Int’t to deliver embedded financial services to Indonesian SMEs 4. ANZ names Stephen White as group executive operations 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?