PH Banks Snub Growing Middle Class Market

The Philippines has been identified as one of the world’s largest greenfield markets for digital financial services— but local banks are not rising up to attain its true potential.

Japanese Banks' Assets Drop As China Thrives

S&P Global's 2023 report reflect how lower deposits and a drop in lending has taken their toll on Japanese lenders and other banks in the list.

One In Five Of OCBC's Home, Renovation, And Car Loans Are Now Green

The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.

Maybank's YES Fuels Tech-Driven Growth Of Small Businesses

Getting the right funds to grow their business remains a challenge for SMEs.

Why Malaysian Banks Will Never Build A Superapp

It is unlikely that there will ever be a banking superapp, as consumers have no issue switching between apps to accommodate their financial and non-financial needs.

Job Losses Loom In Hong Kong Banks As Focus Turns To Productivity

Many senior roles were laid off, and banks also set informal hiring freezes, experts said.

SG banks strong and stable despite uncertain AT-1 issuance market - experts

They may face higher funding costs as lenders could demand higher risk premiums on AT-1 papers.

Bank of the Philippine Islands' President talks reinvention and digital ambitions

CEO TG Limcaoco says that 6 million of BPI's clients now use digital channels.

BNI Prioritises Business Transformation To Boost National Economic Contribution

The bank aims to maintain credit growth and expand to blue-chip customers.

RHB Refreshes Cecil Branch, Channels Old-Time Singapore Sophistication

The design integrates a facade of a historical shophouse with a modern twist.

DBS' Lareina Wang On Why Role Models Matter To Women In Banking

Only 20% of bankers in C-Suite and senior leadership roles in Hong Kong are women.

ESG-Focused FinTechs Will Be Key To Global Net-Zero Transformation

Financial technology (fintech) companies play a key role in achieving the US$275t capital spending needed to achieve net zero by 2050, or US$9.2t needed per year between 2026 to 2050.

Banks Offer Flexiwork, Mentor Programmes To Uplift Women's Careers

On International Women's Day, Asian Banking & Finance spoke with Singapore's industry experts on how they are helping close the gender gap in their workforces.

Banks Urged To Integrate ESG Data Into IT

Banks are called to integrate ESGrelated data into their IT systems and processes in order to keep pace with regulator changes and consumer needs, McKinsey said in a report.

Fintechs Scale Back And Fold As Funding Channels Dissipate

Financial technology (fintech) companies are facing a funding shortage that has forced many to scale back or fold operations, as venture capital and private equity firms turn more selective on their funding.

Banks' Fee Income Plummets As Loan Demand Dwindles

Border reopening to benefit banks, but economic challenges remain.

Overcoming Biases To Succeed In The Banking Industry

Tan shares how she strikes the balance between leading 7,000 people and her personal life.

WealthTechs Succeed By Managing Wealth And Not The Wealthy

Firms are breaking down barriers to entry by fractionalising costs of assets, analysts said.

Why Digital Mortgages Will Overhaul Traditional Banking Models

Digital mortgages are expected to displace today’s traditional mortgages, and this phenomenon will both be an opportunity and a threat to traditional banks.

Banks Still Lag Behind Net-Zero Energy Goals

Only 7% of energy-related financing went to green energy projects.

Did Digital Banks Fail To Disrupt

Most became niche players, yet served their regulatory purpose, said McKinsey & Company Associate Partner Hernán Gerson.