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.

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.

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.