News

Indian banks seizing bonds in hopes of government support

A support for the bond market is vital for India's record borrowing plan.

Indonesia mulls returning banking regulation to central bank

The president is reportedly unhappy about the Financial Services Authority's performance.

Japan's regional banks gain lifeline with regulator's strategy switch

The Financial Services Agency has let go of its bank inspection manual.

How BPI fused heritage and future in revamped Makati branch

This is the bank’s first branch to have an interactive screen.

Indonesia cautions against excessive bank withdrawals

Its banking watchdog assured that the sector is well-capitalised, on aggregate.

Eight in 10 SMEs in ASEAN rely on technology for cash flow woes

Technology is the top investment priority by most of the respondents.

Australia's fintech deal activity slumps anew in Q2

Only 12 transactions were recorded compared to 18 in Q1.

Time deposits at South Korean banks down by $8.83b in June

More people are holding on to their money amidst record-low rates.

Hong Kong, Singapore play catch-up with mobile banking apps

European financial firms dominated the global top ten of Sia Partners’ study.

South Korean fresh loan rates up to 2.82% in May

The expansion follows four consecutive months of declines.

Pandemic may set back Indian banking sector's recovery for years

Nonperforming loans are expected to hit 13-14% of total loans for FY2020-21.

ADB inks $200m loan to improve Nepal's power supply

It will fund the reinforcement of Kathmandu Valley’s supply system.

Chart of the Week: Australian major banks' commercial property loan quality to deteriorate

Demand for consumer commercial real estate may weaken over the next two years.

Greater Bay Area regulators float wealth management connect scheme

It allows residents to invest in wealth products offered by banks in the area.