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.

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.

Singapore banks embark on risky overseas pivot

Loan exposure to China has grown although loan quality has yet to be tested.