News
Chart of the Week: Data & analytics firms clinched 34.4% of Singapore's fintech deals since 2015
Chart of the Week: Data & analytics firms clinched 34.4% of Singapore's fintech deals since 2015
Local fintech companies raised more than $9.2b across 389 deals during this period.
Xiaomi and AMTD-backed neobank Airstar starts pilot service
It will on-board 2,000 customers from acquaintances and families of staff.
Sri Lanka's banks face dampened outlook for 2020
Announced regulatory policies aren’t enough to shield the sector from the pandemic’s punches.
COVID-19 spells trouble for Indonesian non-bank finance firms
It will complicate domestic consumption and cash collections, analysts said.
New Zealand banks will still be profitable despite lockdown: S&P
The earlier announced fiscal measures should provide ample support to banks.
China shadow banking credit down $42b amidst pandemic disruption
A 5% dip in core shadow credit triggered the fall.
MAS establishes $60b USD facility for banks
It aims to support more stable USD funding conditions in Singapore.
Chart of the Week: Philippines may cut policy rate further by 50bps in Q2
A further 200bps cut may happen in 2020 if the pandemic extends beyond June.
Hong Kong's first virtual bank starts operations
The firm is offering a savings rate of 1% for deposits up to $500,000.
Weekly Global News Wrap: European banks' loan blues; US urge banks to aide COVID-hit customers
And some US lenders hand out bonuses to staff amidst the pandemic.
Australian banks feel the pinch despite stimulus package
Not enough cushion for impairment charges and bad debts.
Asian banks stuck in an unprofitable bind
Market profitability and credit demand are likely to be affected.
Volatile market tests Hong Kong banks' buffers
Local lenders face losses as stock markets globally fall to bear market.
Singapore's investment banking fee revenue down 58.7% to $91.9 in Q1
Advisory fees for M&A deals plunged 80.4% YoY to $11m.
Bank Indonesia eases rate by 25bps
Two more rate cuts may be on the horizon.
NZ banks have ample buffers against pandemic storm: analyst
They come from a strong asset-quality position and have sound capitalisation.
Chinese central bank's RRR cut raises banks' asset yields: analysts
Higher asset yields will relieve pressure on profitability.
Thought Leadership Centre
In Association with
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Lorem Ipsum Three
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
