News
Myanmar's struggling banks stall growth of car sales
Myanmar's struggling banks stall growth of car sales
Consumers and businesses find it hard to access credit amidst gaps in the financial system.
Malaysian banks' bad loans hit 1.61% in August
On an absolute basis, gross impaired loans rose to $80m.
Regulatory uncertainty fails to cripple Bangladesh's Islamic banks
Islamic financing accounted for more than 24% of total financing in Bangladesh.
China's tech titans leave little space for foreign players
AliPay and WeChat command 93.7% of the fintech market.
Card payments in Vietnam to hit over 522 million in 2023
The number of card payments have already rose more than fivefold in 2015-2019.
Foreign currency loans extended by Philippine banks up 11.6% in June
Low interest rates attracted borrowers.
Mobile banking transactions in Korea hit $5b in H1 2019
Internet-only banks drove robust adoption.
Approved mortgage loans in Hong Kong dipped 2.8% in August
The number of mortgage applications also fell by 26.5%.
Malaysian banks hit by tepid loan growth
Loans grew by just 3.9% in August and loan applications shrunk 3.7%.
Bangkok Bank's Charamporn Jotikasthira to grace ABF Digital & Open Banking Conference 2019
The executive director makes the case for forging strategic ties in the financial ecosystem.
Singapore bank loans reverse slowdown in August
Loans grew 1% MoM and 5.1% YoY amidst steady expansion in business loans.
APAC banks grapple with rising risk as corporate debt swells
Lenders in India and Indonesia are most vulnerable to a deterioration in corporate debt repayment capacity.
Massive mergers no fix for Indian banks' near-term challenges
Credit quality and capital shortfalls remain a key problem.
Will property stress threaten to undo Malaysia's banking resilience?
Unsold housing stock may pressure asset quality.
Singapore investment banking fees down 2% to $796.12m
Advisory fees for completed M&A dropped 16.5%.
Indonesian P2P lenders to disburse $30.63b in loans by 2024
The rapid growth of e-commerce will support alternative lending options.
Singapore banks embark on risky overseas pivot
Loan exposure to China has grown although loan quality has yet to be tested.