In Focus
Asian equities lost up to $3.5t in investor wealth due to pandemic
Asian equities lost up to $3.5t in investor wealth due to pandemic
Safeguarding wealth and low-risk assets will be investors’ focus.
Falling oil prices exacerbate asset risks in Asian banks
The downturn has exposed issues in governance and operating practices.
APAC banks face shocking $1.8t credit hit
Axis Bank in India has seen a quarter of its loan book stop repayments.
CIMB Singapore plays to its strengths, targets SMEs as industry turns digital
The bank is gearing up its tech and customer-employee experience as neobanks loom.
Sustainability takes centre stage in ASEAN corporate banking
But 51% of ASEAN banks have yet to fulfill even a quarter of ESG criteria.
How CredoLab reduces banks' credit risks through smartphone metadata
The platform generates a credit scorecard in just one second, based on 1.3 million features from opt-in smartphone metadata.
Mastercard APAC's winning strategy in the digital age
The payments provider has been forging new tech-based products and partnerships to keep up.
Singapore big three banks' impaired loans ratio to rise to 2.5% in 2021
The pandemic’s full brunt won’t set in until later in 2020.
Crunch time for Malaysia's e-wallets as big firms impose merchant fees
They are charging 0.5% from merchants who use their services as subscriptions soar.
Digital banking to flourish in APAC by 2025: study
Over three-fifths of clients are willing to switch to neobanks.
Coronavirus to amplify hierarchy in Chinese banks: analysis
Banks with high exposure to SMEs will bear the brunt of the epidemic.
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
Hong Kong banks' asset quality battered by COVID-19 and protests
Exodus of corporate clients, mortgage risks, and dropping credit card use pose a big threat on revenues.
Philippine banks' asset quality face decay amidst region-wide lockdown
The monetary board’s 50bp policy cut will put additional pressure on NIMs.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
Data and automation will help Hong Kong banks survive until the next decade
Emerging technology and customer data will help banks weather low interest rates and new competition.
Tokyo is banking on foreign fintechs to reinvigorate its financial sector
Fintechs may tap into US$9.07t (¥984t) of individual cash sitting in banks, says the Tokyo Metropolitan Government.
Commentary
Singapore's next payments opportunity
DIFC's reforms open new doors for Asian businesses: Is yours ready?
Why Asia’s private wealth industry requires a new era of governance
APAC has mastered domestic payments. The next challenge is connecting them.
Why fragmented communications are becoming a hidden governance risk for Asia Pacific banks