News

Singapore banks face risk of rising credit costs as bad assets mount

Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.

Singapore banks face risk of rising credit costs as bad assets mount

Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.

Malaysian bank earnings growth to slow to 1% as loans falter

Loans continued to trend downwards in June, falling 4.2%.

Thai banks' credit growth falls to 1% in H1 as demand wanes

Retail loan growth fell to 3.1% as auto sales and mortgage growth stumble.

Chart of the Week: Singapore's virtual banks can't rely on the branchless advantage for long

Facilities costs as a proportion of incumbent lenders' assets is only 7bps compared to 103bps.

iFAST eyes Singapore virtual banking license

The move will expand its service scope to include e-payment and lending.

Can Philippine banks ride out the bad loan wave?

Systemwide non-performing loans rose sharply by 22.5% in January.

China tightens ownership rules of unlisted banks

The move comes after the takeover of Baoshang Bank.

Why you shouldn't miss the ABF Digital & Open Banking Conference

Top executives from Standard Chartered, Revolut and EY will attend the prestigious event.

Meet Musheer Ahmed of FTAHK at the 2019 ABF Digital Payments Summit

He will discuss key drivers for fintech innovation and why coopetition will be the new norm for the payments industry.

Bankers are earning less than construction workers in Japan

The average wage of 102 listed banks and insurers dropped 1.4% since 2016.

Chinese bank branches hit 228,600 in 2018

Around 5,600 branches were set up in far-flung communities.

ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit

He will discuss key strategies on how players can adapt amidst the emergence of virtual banks.