In Focus
Singapore banks to see stronger profits in 2021: analysts
Singapore banks to see stronger profits in 2021: analysts
Credit growth is expected to accelerate mildly by 5%, according to Moody’s.
New regulations imperil China's online microlenders
Additional schemes could stifle growth of cross-provincial borrowing.
China’s leading non-banking financial firms face the risk of antitrust investigations and forced divestitures once the country’s new regulations come into play, also potentially hindering cross-provincial lending, consumer borrowing, and the growth of the country’s online microlenders.
Thailand IPO boom to buoy Siam Commercial Bank's bottom line
The country is Asia's second most active IPO market in 2020.
How Philippines' cash management services transformed and thrived in the pandemic
Big businesses are pushing MSMEs to take up digital banking, says Carlo Nazareno, head of cash management at BDO.
How TranSwap helps SMEs expand overseas by cutting FX costs
Their solution was developed with API integration, which enables small transfers in large volumes to be credited in real-time.
Strong growth ahead for China's 2021 retail sales
However, there may be risks over the immediate term due to new COVID-19 wave.
SFC, Police bust alleged ramp and dump scheme
Twelve members of a suspected syndicate were arrested in the joint operation.
Lower credit costs to drive Singapore banks' earnings rebound in 2021
Sufficient provisions, steady capital positions should reduce risks in the near term.
Fintechs' latest acquisitions hint at ASEAN banking sector shake-up
But they are unlikely to pose a challenge as newcomers and incumbents target different clients.
No ‘one-size-fits-all' for mobile bank TMRW
UOB’s mobile-only bank makes use of personalization to attract Thailand, Indonesia’s tech-savvy generation.
Contactless payments shift to overdrive as APAC locks down
Individuals and businesses scramble to adapt, but pitfalls remain.
How Citi ASEAN's workforce champion adaptability, diversity
Joel Fastenberg talks about how Citi rose to the challenge of digitization, work-from-home and diversity.
Debates arise on security law's effects on Hong Kong finance sector
Is there really a capital exodus from Hong Kong to Singapore?
Recovery still not in sight for ASEAN banks
Operational green shoots remain vulnerable as borders are still closed.
What banks are getting wrong in their restructuring plans
Lenders are relying too much on past risk data and numbers instead of long-term growth prospects.
Amidst a crisis, Hong Kong's Mox Bank sees boundless opportunities
The neobank has outlined a bold plan to kickstart a new generation of virtual-savvy customers.
Trials reflect weak economic ground for Cambodian banks
Wide credit-to-GDP elevate risks linked to economic imbalances.