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EY Asean managing partner on banking in the pandemic and falling use of cash
Asian Banking and Finance welcomes Liew Nam Soon, EY’s Asean regional managing partner, on to the judging panel for the 2020 ABF Awards.
EY Asean managing partner on banking in the pandemic and falling use of cash
Asian Banking and Finance welcomes Liew Nam Soon, EY’s Asean regional managing partner, on to the judging panel for the 2020 ABF Awards.
Banks' loan delinquency rate falls to record low in June: report
Delinquency rate for loans extended to both companies and households declined.
PwC's John Dovaston on digital banking, contactless payments, and driving growth in a pandemic
The consultancy’s Asia-Pacific financial services leader says he is excited to be part of the judging panel for the ABF Awards in 2020.
Australia's wealth managers lower fees as robo-advisory takes flight
HNW clients are losing trust that the traditional way yields the best returns.
Chart of the Week: Pandemic spurs card payments growth in Singapore
Backing from banks and merchants has made contactless payments mainstream.
Retail financing to anchor Malaysian Islamic banks amidst downturn
Financial growth will drop but will remain higher due to Islamic banking expansion.
Malaysia's need for financing will keep sukuk market afloat: Moody's
Sovereign sukuk issuance soared 39.2% on COVID-related budget pressures in H1.
Weekly Global News Wrap: Goldman Sachs cuts Q2 earnings for 1MDB settlement; Barclays probed for spying claims
And Revolut says losses more than tripled in 2019.
Hong Kong banks move to avoid US sanctions
At least one US bank has suspended accounts linked to affected officials.
Majority of Singaporeans now take professional financial advise: study
More than 80% said that they now prioritise seeking financial advice before a major decision.
Return of private placements boost Chinese regional banks' capital
They allow for tailored government participation in bank recapitalisation.
South Korean bond issuance soared 73.5% to $17.5b in July
This is due to higher sales of low-grade bond issues through private placement.
Hong Kong show growing preference for professional financial advice
But family remains the top source of advice amongst wealthy residents.
Hong Kong regulators pacify fears after US sanctions
"Unilateral sactions" has no legal status in the city, the HKMA said.
OCBC's H1 net profit plunges 42% to S$1.43b
Q2 group net profit picked up 5% from Q1 but crashed 40% from a year earlier.
Asian Banking & Finance Awards holds first ever digital awards presentation
More than 120 banks were awarded in this year’s programme.
DBS' H1 net profit nosedives 26% to S$2.41b
The bank has cast aside S$1.26b to bolster its balance sheet.