News

Chart of the Week: Pandemic spurs digital payment take-up in Singapore

Electronic payments are expected to take up 61% of transactions by 2023.

Chart of the Week: Pandemic spurs digital payment take-up in Singapore

Electronic payments are expected to take up 61% of transactions by 2023.

Japan's banks exposed to higher property risk as buffers dwindle

Property prices may collapse if supply exceeds actual demand.

Singapore monetary board relaxes regulations for COVID-hit banks

Banks can now adjust their capital buffers to support lending activities.

Commercial banks key to protecting COVID-hit Malaysian economy

The sector has enough liquidity to buttress embattled businesses.

Bank of China HK's NIM contracts despite cross-border growth

The bank will likely focus on loan mix and deposit adjustment to reduce impact.

Challenging times ahead for Singapore's banking industry

Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.

Korean banks face irreversible headwinds as disruptions persist

Four regional banks are particularly at risk of asset-quality deterioration.

India directs banks to operate during lockdown

This is to ensure that the government’s relief package reaches the poor.

Government shift, surge in COVID cases drags on Malaysian banks

Credit growth is likely to flatline this year from the record low of 3.9% in 2019.

MUFG sees surge in firms needing COVID-related funding

Cash flow is evidently becoming a problem for Japanese companies.

Chart of the Week: Data & analytics firms clinched 34.4% of Singapore's fintech deals since 2015

Local fintech companies raised more than $9.2b across 389 deals during this period.

Xiaomi and AMTD-backed neobank Airstar starts pilot service

It will on-board 2,000 customers from acquaintances and families of staff.

Sri Lanka's banks face dampened outlook for 2020

Announced regulatory policies aren’t enough to shield the sector from the pandemic’s punches.

COVID-19 spells trouble for Indonesian non-bank finance firms

It will complicate domestic consumption and cash collections, analysts said.

New Zealand banks will still be profitable despite lockdown: S&P

The earlier announced fiscal measures should provide ample support to banks.