Market rebounded in H2 2020 and raised higher capital compared to 2019.

Whilst it may improve payment systems, card firms and payment platforms won’t be happy with the potential new competition.

Additional schemes could stifle growth of cross-provincial borrowing.

In a surging digital economy, the country is poised to make its mark.

Banks in Indonesia, Japan, and Taiwan are likely to consolidate due to weak performances, analysts say.

Ride hailing and e-commerce firms are driving the e-payments revolution, eroding banks’ hold.

But they are unlikely to pose a challenge as newcomers and incumbents target different clients.

Seven in 10 consumers shopping online increased their use of digital payment methods.

WeLab Bank achieved 10,000 sign-ups just 10 days after launch.

Singapore’s big three remain the only ASEAN banks prohibiting financing of new coal-fired power plants.

NPLs will likely rise to 10-11% in of gross loans in the next 12-18 months.

Net interest income accounted for 70% of lenders’ profits during the first half of 2020.

Going digital does not equal better cost benefits, and developed markets are most at risk, says Morgan Stanley.

Joel Fastenberg talks about how Citi rose to the challenge of digitization, work-from-home and diversity.

Is there really a capital exodus from Hong Kong to Singapore?

Lenders are relying too much on past risk data and numbers instead of long-term growth prospects.

Wide credit-to-GDP elevate risks linked to economic imbalances.

The consortium is going big with its dream of meeting the underserved youth’s financial needs globally.

Loan moratoriums are set to expire in H2, putting asset and loan quality at risk.