In Focus
Singapore banks foster growth, boost employee well-being
Asian Banking and Finance’s new ranking of Singapore banks reflects top notchers' steady growth and adaptability to changing landscape.
Singapore banks foster growth, boost employee well-being
Asian Banking and Finance’s new ranking of Singapore banks reflects top notchers' steady growth and adaptability to changing landscape.
End of cheap money era: Maybank’s Alvin Lee on investing in an era of wealth preservation, protectionism
Globalization is no longer the best strategy for banks if they wish to thrive in the new era of investing.
Singapore’s investment banking fees 25% lower in H1 2023
BofA Securities currently leads investment banks in terms of fees generated.
How experts see the digital battleground of banks, payment firms
Industry leaders gather at 2023 Asian Banking and Finance Forum in Kuala Lumpur to discuss digital disruption, financial inclusion, and future trends.
How Maybank SG's YES fuels tech growth of new SMEs
Over 500 business owners discover a groundbreaking e-financing solution that empowers SMEs to thrive in the digital age.
Deposit war squeezes Malaysian banks’ margins
There is a steady outflow of savings deposits into higher-yielding fixed deposits, says S&P.
Indian banks’ profits to stabilize; weak assets to persist for some
Weak assets are expected to make up 5.2% of gross loans for FY2023.
Central bank rate cuts could raise Philippine banks’ earnings by 2.6%
Every 100bp rate cut would free PHP106b of liquidity.
Bankers face sluggish hiring market, layoffs in Hong Kong
Industry insiders reveal how investment banks prioritize cost efficiency and productivity over hiring new employees.
1 in 5 of OCBC’s home, renovation, and car loans now green
The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.
PH banks missing out on revenue from growing middle class market
Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional finance.
Hong Kong banks reminded they may engage with virtual asset entities: central bank
There have been more comments from foreign firms on the difficulties of opening a bank account.
How will China’s new rules on asset classification affect banks?
The new measures expand on classifying asset risks of banks.
Australia, New Zealand’s banks face higher costs, weaker profits in H2 2023
Overall performance will be broadly similar to 2022, according to S&P Global Ratings
Filipinos spent over 4 million hours using e-wallets in 2022: study
The country’s growing population will push the active user base higher.
Revenue pressures to weigh on Chinese banks in 2023
Loan growth will remain tepid at 11%.
Did digital banks fail to disrupt?
Most became niche players, yet served their regulatory purpose, said McKinsey associate partner Hernán Gerson.