News

Singapore regulator defers digital bank licence review to H2 2020

It had earlier planned to announce the successful applicants in June.

HSBC shareholders mull action after dividend payout scrapped

British regulators earlier told the bank to preserve capital as buffers.

Singapore banks urged to use capital buffers

The regulator has eased funding requirements to allow for more losses.

Singapore regulator injects $125m to support finance firms

It will support workforce training, operations and access to digital tools.

Chart of the Week: Pandemic spurs digital payment take-up in Singapore

Electronic payments are expected to take up 61% of transactions by 2023.

Japan's banks exposed to higher property risk as buffers dwindle

Property prices may collapse if supply exceeds actual demand.

Singapore monetary board relaxes regulations for COVID-hit banks

Banks can now adjust their capital buffers to support lending activities.

Commercial banks key to protecting COVID-hit Malaysian economy

The sector has enough liquidity to buttress embattled businesses.

Bank of China HK's NIM contracts despite cross-border growth

The bank will likely focus on loan mix and deposit adjustment to reduce impact.

Challenging times ahead for Singapore's banking industry

Delinquencies are sighted to rise from SMEs, large corporates, and retail customers.

Korean banks face irreversible headwinds as disruptions persist

Four regional banks are particularly at risk of asset-quality deterioration.

India directs banks to operate during lockdown

This is to ensure that the government’s relief package reaches the poor.

Government shift, surge in COVID cases drags on Malaysian banks

Credit growth is likely to flatline this year from the record low of 3.9% in 2019.

MUFG sees surge in firms needing COVID-related funding

Cash flow is evidently becoming a problem for Japanese companies.