News
Chinese banks should brace for bad loans: CBIRC
Chinese banks should brace for bad loans: CBIRC
Outstanding non-performing loans totalled $514b in end-June.
Banks seek trade finance revamp after billions in losses: report
Lenders are struggling to reclaim loans as big traders trick banks with empty promises.
Australian banks' loan deferral extension targets 'cliff' risks: Fitch
It will also give borrowers headroom to examine their financial conditions.
Taiwanese banks' impaired loans may rise 2.5%
Weaker profitability will inhibit capital momentum.
Banks with “shattered” business models warned by regulator to adapt: report
The FSA has targeted some local lenders for “intensive dialogue”.
Australia's big banks to extend loan repayments for select customers
But customers who can resume paying their loans are required to do so.
Credit Suisse wants whole stake in China securities venture
China has become a significant market for the bank.
Liquidity to buoy rising momentum of Chinese banks: analysts
The economy has rebounded but demand roadblocks are still present.
New Zealand banks' profits drop 20.4% in Q1
Lending remained strong in Q1 but recorded dramatic plunges in April and May.
Eight in 10 Singaporeans will stick to online banking after the pandemic
Almost 70% of those aged 54 and above have grown comfortable to online banking.
Thai central bank not dismissing further monetary easing
It has already cut the interest rate thrice to 0.5%.
Weekly Global News Wrap: Britain, EU must settle financial market access; HSBC to slash 255 jobs in France
And embattled payments firm Wirecard attracts potential buyers.
COVID-19 exposes pitfalls in Indonesia's finance sector
NBFIs have been the main source of problematic defaults.
China imposes pre-checks on large bank transactions
The PBOC hopes to keep systematic risks at bay.
Japan's bank lending surges at record pace in May
Pandemic-struck companies turn to loans to meet funding needs.
Strong industrial sector brings robust capital to Taiwanese banks
Current lower-for-longer interest rates will support fragile profits.
APAC investment banking fees reach record $11.6b in H1
This is the highest value attained for a first half period since 2000.