Asian Banking & Finance
China’s big four banks face $100b shortfall in loss-absorbing capital
![]()
The banks have not yet met their required loss-absorbing capacity levels.
China’s big four banks face $100b shortfall in loss-absorbing capital
The banks have not yet met their required loss-absorbing capacity levels.
Hong Kong, Macau establish direct link for bond clearing and settlement
Investors in Macao and Hong Kong will benefit from the arrangement.
Mizuho Bank invests $3.5m in metal parts and 3D printer startup
The metal parts produced are used in various sectors, like aerospace.
Australia’s P&N, Beyond Bank likely to seek other merger opportunities
S&P foresees further consolidation in Australia’s mutual banking sector.
Australia’s P&N Bank scraps proposed merger with Beyond Bank
The merged entity would have been worth about $23.8b.
MAS, IBF working on gen AI job impact map
Separately, the IBF has given out skills badges to 3,000 professionals.
Singapore’s financial sector employment rose 4,800 in 2023
The financial sector made up 14% of Singapore’s GDP in 2023.
Labour force upskilling needed as SG nears 'super-aged' status
The future growth must be productivity-led, said DPM Gan Kim Yong.
SCB taps Baker & McKenzie for inheritance asset legal support
The partnership aims to provide clients with legal and tax advisory services.
Is the BNPL market really booming?
"https://vimeo.com/1009099792"
BNPL faces consolidation due to rising rates, while growth continues in emerging markets.
Cambodian banks breach covenants as bad loans surge
ACLEDA, Hattha Bank, and LOLC have all breached their covenants.
GXS Bank launches term deposit product Boost Pocket
It is currently on offer with an interest rate of up to 3.48% per annum.
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
Bank Danamon struggles with credit costs due to subsidiary challenges
Credit costs rose to 2.8% in H1 2024.
Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partner
The partnership will also incorporate associated brands Alipay+, WorldFirst, and Antom.
Crypto ownership down to 26% despite resilience
However, 23% are likely to reenter the market.
Highlights
Highlights
Partner Content
Partner Content
Exclusives
Exclusives
Banking Technology
Tokenization of trade assets to bridge financing gap
Blockchain technology could decentralize finance operations and allow easier credit access.
BCA walks the talk on sustainable finance
![BCA walks the talk on sustainable finance]()
![BCA walks the talk on sustainable finance]()
The Indonesian bank considers the environment and governance in its lending decisions.
Cards & Payments
Why UNOBank champions embedded finance for growth in the Philippines
![Why UNOBank champions embedded finance for growth in the Philippines]()
![Why UNOBank champions embedded finance for growth in the Philippines]()
The unified banking interface is both a growth strategy and a financial inclusion effort for UnoBank.
Markets
OCBC tries to bridge benefit gap among Singapore’s realty agents
![OCBC tries to bridge benefit gap among Singapore’s realty agents]()
![OCBC tries to bridge benefit gap among Singapore’s realty agents]()
Its latest product offers financial benefits across banking, insurance and trading.
MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth
![MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth]()
![MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth]()
It seeks to disprove doubters of digital banking, which has struggled to live up to the hype.
Banking Technology
Malaysia's bid for BRICS membership to spur banking overhaul
![Malaysia's bid for BRICS membership to spur banking overhaul]()
![Malaysia's bid for BRICS membership to spur banking overhaul]()
However, challenges abound when moving away from U.S. and SWIFT reliance.
Retail Banking
Mergers and closures loom for China's 3,800 rural banks
![Mergers and closures loom for China's 3,800 rural banks]()
![Mergers and closures loom for China's 3,800 rural banks]()
About 70 rural banks have already undergone mergers since 2023.
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Top News
China’s big four banks face $100b shortfall in loss-absorbing capital
![]()
The banks have not yet met their required loss-absorbing capacity levels.
China’s big four banks face $100b shortfall in loss-absorbing capital
The banks have not yet met their required loss-absorbing capacity levels.
Hong Kong, Macau establish direct link for bond clearing and settlement
Investors in Macao and Hong Kong will benefit from the arrangement.
Mizuho Bank invests $3.5m in metal parts and 3D printer startup
The metal parts produced are used in various sectors, like aerospace.
Australia’s P&N, Beyond Bank likely to seek other merger opportunities
S&P foresees further consolidation in Australia’s mutual banking sector.
Australia’s P&N Bank scraps proposed merger with Beyond Bank
The merged entity would have been worth about $23.8b.
MAS, IBF working on gen AI job impact map
Separately, the IBF has given out skills badges to 3,000 professionals.
Singapore’s financial sector employment rose 4,800 in 2023
The financial sector made up 14% of Singapore’s GDP in 2023.
Labour force upskilling needed as SG nears 'super-aged' status
The future growth must be productivity-led, said DPM Gan Kim Yong.
SCB taps Baker & McKenzie for inheritance asset legal support
The partnership aims to provide clients with legal and tax advisory services.
Is the BNPL market really booming?
"https://vimeo.com/1009099792"
BNPL faces consolidation due to rising rates, while growth continues in emerging markets.
Cambodian banks breach covenants as bad loans surge
ACLEDA, Hattha Bank, and LOLC have all breached their covenants.
GXS Bank launches term deposit product Boost Pocket
It is currently on offer with an interest rate of up to 3.48% per annum.
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
Bank Danamon struggles with credit costs due to subsidiary challenges
Credit costs rose to 2.8% in H1 2024.
Tottenham Hotspur taps Ant International as global payment solutions, digital wallet partner
The partnership will also incorporate associated brands Alipay+, WorldFirst, and Antom.
Crypto ownership down to 26% despite resilience
However, 23% are likely to reenter the market.
Partner Content
Partner Content
Highlights
Highlights
Exclusives
Banking Technology
Tokenization of trade assets to bridge financing gap
Blockchain technology could decentralize finance operations and allow easier credit access.
BCA walks the talk on sustainable finance
![BCA walks the talk on sustainable finance]()
![BCA walks the talk on sustainable finance]()
The Indonesian bank considers the environment and governance in its lending decisions.
Cards & Payments
Why UNOBank champions embedded finance for growth in the Philippines
![Why UNOBank champions embedded finance for growth in the Philippines]()
![Why UNOBank champions embedded finance for growth in the Philippines]()
The unified banking interface is both a growth strategy and a financial inclusion effort for UnoBank.
Markets
OCBC tries to bridge benefit gap among Singapore’s realty agents
![OCBC tries to bridge benefit gap among Singapore’s realty agents]()
![OCBC tries to bridge benefit gap among Singapore’s realty agents]()
Its latest product offers financial benefits across banking, insurance and trading.
MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth
![MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth]()
![MariBank touts dual retail-SME focus, leverages Shopee ties to scale growth]()
It seeks to disprove doubters of digital banking, which has struggled to live up to the hype.
Banking Technology
Malaysia's bid for BRICS membership to spur banking overhaul
![Malaysia's bid for BRICS membership to spur banking overhaul]()
![Malaysia's bid for BRICS membership to spur banking overhaul]()
However, challenges abound when moving away from U.S. and SWIFT reliance.
Retail Banking
Mergers and closures loom for China's 3,800 rural banks
![Mergers and closures loom for China's 3,800 rural banks]()
![Mergers and closures loom for China's 3,800 rural banks]()
About 70 rural banks have already undergone mergers since 2023.
Event News
Event News
Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
Co-Written / Partner
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
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In Association with
Event News
Event News
Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024
![Standard Chartered Hong Kong wins big at ABF Retail Banking Awards 2024]()
Co-Written / Partner
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
The bank’s efforts and achievements have become a testament to its commitment to its colleagues and the communities it serves in.
Resource Center
Videos
Partner Sites
Thought Leadership Centre
In Association with
In Association with