Singapore

Singapore bank loan growth slows to 4.5% in September as sentiment sours

This marks the slowest on-year pace since February.

News

Singapore bank loan growth slows to 4.5% in September as sentiment sours

This marks the slowest on-year pace since February.

News

An Asia perspective: A bank branch for the digital age

The bank branch as we know it, with tellers behind windows and bankers huddled in cubicles with desktop computers, needs reinvention. Most customers now carry a bank in their pockets in the form of a smartphone and only visit an actual branch to get advice or buy complex products. Across Asia, digital transactions are 1.6 to 5 times as frequent as branch transactions.

Commentary

The IBOR transition: A certainty, not a choice

As the pace of global regulatory change increases, it is clear that the Inter-Bank Offered Rates (IBORs) of major currencies will evolve or that alternate nearly risk-free reference rates (ARRs) will soon be introduced. These changes will have an impact across a wide range of organisations, including banks, buy-side, sell-side and corporates. In this environment, organisations in Asia-Pacific with IBOR exposures should be taking active steps to understand the scale of the transition and the associated risks in order to prepare for the changes ahead.

Commentary

Next level security measures Asian banks should intensify amidst cyber attacks

Banks need more than just password protection and static identity checks.

Exclusive

Riding the waves of opportunities: Asia to spur infrastructure growth

Urbanisation, together with population growth, is expected to add another 2.5 billion people to urban areas around the world by 2050, according to a United Nations report launched earlier this year. The potential challenges this will bring will be far-reaching, particularly in Asia and Africa where nearly 90 percent of the increase is set to take place.

Commentary