News

China's new funding facilities carries risk asset for eligible banks

Credit risks will still accumulate from inclusive loans, analysts warned.

China's new funding facilities carries risk asset for eligible banks

Credit risks will still accumulate from inclusive loans, analysts warned.

Hong Kong regulator launch job programme for local financial industry

It will offer 300 roles for students graduating in 2020 with a bachelor’s degree.

MAS debunks report of large deposit flow from Hong Kong to Singapore

Don’t just refer to foreign currency deposits, Singapore's regulator said.

CBA rolls out ‘acceptable use policy' to restrict abusive digital banking

Transactions can be refused and services suspended if a customer is found harassing others.

ADB, UN ESCAP boost partnership amidst pandemic

The two organisations will work together to address COVID-caused issues in Asia.

South Korea's fiscal stimulus to carry lasting headwinds

It will reduce loan defaulting, but also loosens credit standards.

Finance firms must prepare for extended period of risk management: MAS

Close to 85% of the financial industry worked from home during the circuit breaker.

Chinese regulator's MSE loans buy won't help regional banks' capital

But ChongQing Rural Commercial Bank and Bank of ChongQing will slightly benefit.

Risk-averse investors push Singapore bank deposits up

Foreign currency deposits skyrocketed to $19b (S$27b) in April.

Personal loans, NBFCs anchor surge in Indian outstanding bank credit

Both segments comprised 73% of incremental credit in April.

China shuns ‘clean coal' in new green financing guidelines

Billions of yuan have been used in green financing of coal-related projects.

Indian credit demand surges but recovery still far ahead

Gross non-performing loans drove the increase in credit.

Indonesian banks face aggravated headwinds as pandemic grows

Restructured loans have grown considerably and will increase further.

ADB inks $300m loan to boost Indonesia's geothermal capacity

It will support the construction and commissioning of two geothermal plants in Java.

Malaysian firms lose 40% of new accounts as locals look to open online

Only 6-9% of customer finish applying for a non-fully digital account opening service.