In Focus

ASEAN banks have a long way to go in decarbonising finance: Moody’s

There is little space for investors to invest more sustainably.

ASEAN banks have a long way to go in decarbonising finance: Moody’s

There is little space for investors to invest more sustainably.

Taiwan’s bad loans shrank by $2.03b in January

NPL ratio for 39 domestic banks is now at 0.16%.

Wait and see tactics: PH central bank holds off on tightening monetary policies

However, a threat from the West makes it seem that the central bank may be overly confident.

Could Bakong pave the way for digital currency in Cambodia?

Similar to its namesake, the platform is now the backbone of the country’s digital payments system.

Uncertainties arising from Ukraine invasion threaten Asian banks’ asset quality: analysts

Impact on the financial market will ultimately depend on how events will unfold in the coming days.

DBS Digital Exchange poised to become key player in digital assets 

The members-only exchange is one of the world’s first bank-backed digital exchanges.

BRI employs AI ‘brain’ to merge its digital and physical presence

BRIBrain has helped the bank reduce loan application times from 2 weeks to 2 minutes

Philippine banks’ credit costs to further decline in 2022

Profits are expected to strengthen throughout the year as the economy recovers.

Hong Kong is the top international financial centre in Asia—survey

Survey respondents also saw Hong Kong as a gateway to mainland China.

Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income

The impact on mortgage loans will not be felt until January 2023.

UOB’s purchase of Citi ASEAN retail assets improves profits, accelerates expansion

It is expected to add S$1b in profits annually, with earnings accretive beginning 2023.

Why Siam Commercial Bank is transforming itself into a fintech group

With its reorganisation, the group plans to expand to a customer base of 200 million.

China’s new foreign-friendly financial market brimming with opportunities, but limits still abound

If authorities remove the “execution-only” restriction in WM Connect, money flows in the channel could grow ten times bigger than the $22.5b quota, says EY’s Christine Lin.

Citi Commercial Bank bridges cultural gap with China Desk initiative

The desk opens Singapore to mid-sized Chinese firms seeking to penetrate ASEAN.

How Hong Kong’s livi bank aims to make banking more rewarding

They are amongst the first bank in the city to roll-out buy now, pay later services.

UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy

The bank seeks to help address the energy crisis and rising electricity costs, says UOB’s Jasper Wong.

Profits of Japan's megabanks to rise in next 12-18 months

All three banks’ profits jumped over 60% for the first six months of the current fiscal year.