In Focus
APAC banks to have steady financial performance in 2023: Fitch
Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.
APAC banks to have steady financial performance in 2023: Fitch
Sri Lanka will deteriorate; Singapore’s profits may rise to higher than pre-pandemic.
How GCash cornered the Philippines' ‘sachet’ economy
The app has over 66 million users in a country of more than 111 million.
Why a hybrid platform is the answer to banks’ digital advisory woes
Customers seek confidence and clarity from financial advisers.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
Tokenised assets, stable coins central to Singapore’s crypto hub ambitions
Collaboration is key to achieving finance goals, says MAS’ Ravi Menon.
The new brand of personalisation that’s shaping Citi’s digital banking journey
Customers want options, but curate it–don’t just offer it, says Citibank’s Nilesh Kumar.
Vietnam’s card payments market to hit $37.6b in 2022
The government’s cashless payments push is helping the market.
Fintech funding slows as COVID-driven digital hype fades
Valuations of technology stocks, both public and private, are down 60%, analysts said.
Does the future of banking lie in the metaverse?
Virtual reality may be the answer to more digitally optimized financial services that does not sacrifice personalisation.
ANEXT Bank’s Toh Su Mei on how to stay ahead of SMEs needs
The CEO of Singapore’s newest digital bank talks about why banks find it challenging to meet the SMEs needs, and why digital banks are the answer.
APAC banking markets to tighten macroprudential policies in 2023: Fitch
Malaysia and Thailand will take steps to strengthen their mortgage sectors, said Fitch.
UNO Digital Bank sets its sights on being Filipinos' top virtual bank
CEO Manish Bhai said they want to be first for their Filipino customers’ financial needs.
Rising interest rates births more challenges for Asia's digital banks
Few manage to break even, and those that do are back by conglomerates.
DBS Hong Kong shows off greener branch outfits
The bank is making a statement about the future not through a new product, but with its uniforms.
Earnings remain key weakness of Japanese banks: Fitch
Impact of rising interest rates in the US will be mixed, the ratings agency said.
Retail bank sales fall as digital struggles to fill branch banking hole
Digital sales rose to a new record, but could not offset fall in branch sales.
South Korean banks’ NIMs to support stable profitability in H2
The four biggest banks’ NIMs climbed to levels higher than pre-COVID.
Commentary
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Empowering green growth through sustainable finance in Bangladesh
The Transformative Power of Finance for the People