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Philippine banks' credit weakness to persist throughout 2021
Non-performing assets ratio is expected to rise to 5.5%-6% by the end of the year.
Philippine banks' credit weakness to persist throughout 2021
Non-performing assets ratio is expected to rise to 5.5%-6% by the end of the year.
Social Media Wrap Up: Pizza Hut's Singapore's Souper value sets; A&W's latest tropical burgers; McDonald's Singapore's McGriddles return
Find out what QSRs have been up to on social media this week.
Grill'd, streaming service BINGE, team up for lamb brain burger
The companies celebrated the return of The Walking Dead’s tenth season.
Two digital banks in every APAC market to challenge incumbents: study
Need for new capabilities to push bank-fintech collaborations in the region.
E-wallets to overtake cash in Singapore's in-store payments by 2024
Cards will remain king, but e-wallets will overtake them in online purchases.
Mizuho Bank's latest system failure unveils control, operational risks: Moody's
Half of its ATMs in Japan shut down on 28 February despite a $3.7b system upgrade just two years ago.
Five of world's 10 largest banks are in China: report
The Industrial & Commercial Bank of China has almost $5t in total assets.
Chart of the Week: APAC card payments to grow 19.2% in 2021
Banks and payment firms are stepping up their card game to encourage cashless spending.
Bank accounts of suspected scammers can be frozen within a day: Singapore minister
Singapore Minister Desmond Tan lays out plans to prevent scams.
MAS unveils joint paper on managing remote working risks
Financial institutions are called to benchmark their practices against examples in the study.
Weekly Global News Wrap: EU banks to float 'green' indicator next year; Citigroup revises earnings after Revlon ruling
And Goldman Sachs reboots cryptocurrency desk following Bitcoin boost.
Chinese fintechs must meet capital requirements within two years: CBIRC
Regulators have set various grace periods for different platforms.
HDFC Bank says internet banking issues 'resolved'
Its repeated technical glitches pushed India’s central bank to take action.
Commerzbank mulls exit from Hong Kong, other Asian locations
Asia sales activities will be bundled in Singapore.
CIMB posts $293.5m net profit for FY2020
Higher loan provisions affected the bank's performance.
OCBC net profits down 26% to $3.59b in FY2020
CEO Samuel Tsien maintained a cautious outlook for the economy’s recovery.
Demand for Islamic banking set to soar in South Asia, SEA
The large untapped population in these regions and government support will drive long-term expansion.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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