In Focus
Typhoon debt relief to squeeze Vietnamese banks profitability
Typhoon debt relief to squeeze Vietnamese banks profitability
It will delay the formation of bad loans.
Funding freeze hits BNPLs
Investors are putting less cash towards BNPL providers, who already grapple with thin margins.
Thai banks’ weak loan problem starts to bite: analyst
Provisions for expected credit losses now average 30%.
Bank-fintech alliance a win-win, says HSBC
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
China’s big four banks face $100b shortfall in loss-absorbing capital
The banks have not yet met their required loss-absorbing capacity levels.
Singapore, Hong Kong banks tap APAC family office boom
They can help manage costs, which could balloon to 3% of assets.
Malaysian banks improve margins in Q2 as deposit costs ease
CIMB leads Malaysian banks in H1 2024 returns.
Regulators' push to curb tech outages may boost bank expenses by 20%
Banks in South and Southeast Asia must enhance tech systems or face firmer penalties.
Aussie mutual lenders may consolidate to fewer than 10: analyst
Up to 40 mutual lenders may consolidate and potentially disappear, said S&P analyst Lisa Barrett.
Bangladesh’s political situation exacerbates banking system’s problems
Much-needed policy changes may be delayed.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Philippine central bank to grant up to 4 new digital bank licenses
The moratorium for new licenses will be lifted on 1 January 2025.
Mergers and closures loom for China's 3,800 rural banks
About 70 rural banks have already undergone mergers since 2023.
Fees lift Singapore banks’ Q2 profits
But their Q2 profits are likely to be lower compared to Q1, analysts said.
Ecosystem, data key for banks to keep up with disruptors
Banks must become the main choice of the customer, an analyst said.
Let China’s small banks fail– analyst
China should follow Spain's footsteps and establish a fund pool against bankruptcies.
Data analytics key to SEA digital banks' profitability and retention
After the initial novelty and rewards, digibank users are likely to revert to their old bank.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections