News

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.

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.

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.