News

Thailand's central bank maintains policy rate at 1.25%

It will likely remain on hold in 2020, although a 25bp cut remains probable.

Chinese banks' asset performance deteriorates

Asset and loan growth slipped to 8.9% and 12.8% YoY in September, respectively.

Chart of the Week: Wealth and retail drive 60% of Singapore banks' fee income

DBS and OCBC’s private wealth AUM grew 15% CAGR in the past 6 years.

Weekly Global News Wrap: Saudi's biggest bank scraps $200b lender; Goldman Sachs to support green projects

And the PNC-Venmo fight highlights issue over who owns customers’ banking data.

Weak regulations heighten risks for Cambodian banks

The banking system is just one point shy of being amongst the highest-risk systems worldwide.

Obscure regulations, cybersecurity hinder adoption of open API: study

Almost two-fifths (38%) cited cybersecurity as the biggest risk.

Economic risks of Indonesian banks decline as per capita income rises

Robust profitability and high capital retention keeps the sector well-capitalised.

Indian asset risks rise amidst NBFC funding stresses

The economy has grown dependent on non-bank lenders.

APAC NBFIs face negative outlook in 2020

Indian and smaller Chinese companies are amongst the most vulnerable.

Chinese financial firms' asset quality under duress amidst sluggish credit growth

Credit pressure variations affect small banks, distressed asset management and leasing firms.

Singapore banks to record flat EPS growth in 2020

Any revenue expansion will be offset by increases in credit costs.

More Indian NBFCs to go overseas amidst funding crunch

Local funding remains constrained as providers pull back amidst a slowing economy.

China's shadow banking assets shrinks to $8.42t in Q3

These assets now only account for 62% of the nominal GDP from 68% in 2018.

South Korean banks stay ahead despite digital surge: report

Fintech companies will stay focused on money transfers and other simple transaction services.

India, China, Thailand lead APAC smart card market adoption

The global smart card market will surpass $65b by 2025.