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Indonesia cautions against excessive bank withdrawals
Its banking watchdog assured that the sector is well-capitalised, on aggregate.
Indonesia cautions against excessive bank withdrawals
Its banking watchdog assured that the sector is well-capitalised, on aggregate.
Eight in 10 SMEs in ASEAN rely on technology for cash flow woes
Technology is the top investment priority by most of the respondents.
Australia's fintech deal activity slumps anew in Q2
Only 12 transactions were recorded compared to 18 in Q1.
Time deposits at South Korean banks down by $8.83b in June
More people are holding on to their money amidst record-low rates.
Hong Kong, Singapore play catch-up with mobile banking apps
European financial firms dominated the global top ten of Sia Partners’ study.
Roadblocks ahead for Japanese banks as credit costs balloon
NPLs will rise as SME default rates stack up.
South Korean fresh loan rates up to 2.82% in May
The expansion follows four consecutive months of declines.
Pandemic may set back Indian banking sector's recovery for years
Nonperforming loans are expected to hit 13-14% of total loans for FY2020-21.
ADB inks $200m loan to improve Nepal's power supply
It will fund the reinforcement of Kathmandu Valley’s supply system.
Weekly Global News Wrap: Goldman Sachs boosts capital measures; Charges filed against Wirecard ex-bosses
And the UK allows TransferWise to offer retail investment services.
Chart of the Week: Australian major banks' commercial property loan quality to deteriorate
Demand for consumer commercial real estate may weaken over the next two years.
Greater Bay Area regulators float wealth management connect scheme
It allows residents to invest in wealth products offered by banks in the area.
Japan's second-biggest bank pushes through with overseas expansion
The move contrasts the downsizing planned by other global firms HSBC and Deutsche.
Singapore central bank, local police probing Wirecard's operations
The regulator is also working with foreign agencies for cross-border transactions.
Indonesian banks to reflect COVID's fatal impact on Q2 results: Fitch
But the loosening of loan restructuring rules should help alleviate negative effects.
Taiwanese financial institutions' loans hike 0.67% at end-May
Annual growth rate rose to 5.71% due to reduced bank claims.
South Korean banks to begin implementing Basel III by end-June
Kwangju Bank and JB will be the first to make the shift.
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