News
Regulator reins in Philippine banks deemed 'too big to fail'
The central bank will adopt threshold levels and new indicators.
Regulator reins in Philippine banks deemed 'too big to fail'
The central bank will adopt threshold levels and new indicators.
India's retail-focused NBFCs to outgrow banks: analyst
Large NBFCs grew at a CAGR of 20% in FY2014-2019.
Chinese banks extended $238.92b loans in September
This exceeded analysts’ expectations of $197.9b.
Malaysia mulls merger of four development institutions
The move is expected to boost efficiency.
Australia's big banks may need to raise $12.6b to plug steep capital requirements
ANZ may see its CET1 ratio cut by about 75 bps.
Hong Kong cuts banks' capital buffer as protests persist
This releases an additional $25.5b into the economy.
Singapore fintech deals hit record $735m in 9M 2019
Investment value in mature fintechs expanded to $604.97m despite the lower number of deals.
How Asean Financial Innovation Network can help banks play catch-up
The managing director will share how to speed up digitisation through the APIX platform.
BearingPoint's Vasant Chaudhry to join panel at ABF Digital & Open Banking Conference 2019
He looks to explore blockchain’s potential in bankrolling SMEs.
Japanese regional banks assume more risk to boost bottomline
A crisis or similar shock would lead to downturns more impactful than the GFC.
Indonesian bank loans to accelerate 13% by 2020
Working capital and consumer loans are set to recover.
Thailand banks' Q3 profits to drop 14% as fee waiver bites
Earnings will take a hit from weak non-interest income.
Myanmar's struggling banks stall growth of car sales
Consumers and businesses find it hard to access credit amidst gaps in the financial system.
Malaysian banks' bad loans hit 1.61% in August
On an absolute basis, gross impaired loans rose to $80m.
Regulatory uncertainty fails to cripple Bangladesh's Islamic banks
Islamic financing accounted for more than 24% of total financing in Bangladesh.
China's tech titans leave little space for foreign players
AliPay and WeChat command 93.7% of the fintech market.
Card payments in Vietnam to hit over 522 million in 2023
The number of card payments have already rose more than fivefold in 2015-2019.