India’s banking sector soars with higher profit growth
Kotak Mahindra Bank is the most profitable bank in India, while State Bank of India reports the largest net profit. Indian banks place fourth globally...
Kotak Mahindra Bank is the most profitable bank in India, while State Bank of India reports the largest net profit. Indian banks place fourth globally...
Chinese banks dominate the world’s top 10 banks by net profit, but their profit growth lagged behind US and UK banks, mainly due to rate cuts, narro...
The Middle East and Africa lead in bank profitability, benefiting from considerable non-interest-bearing deposits and elevated oil prices in the Middl...
From 2019 to 2023, the share of consumer finance relative to total retail lending declined in Hong Kong and South Korea, but increased significantly i...
Philippine digital banks saw rapid growth in 2023 alongside mounting concerns over credit quality as gross NPL ratios soared...
While India led in fintech funding between 2020 and 2022, Singapore outpaced India in the first half of 2023, driven by the digital lending and insurt...
Despite efforts to cap financial sector pay, 17 out of the 25 largest commercial banks in China saw a rise in average remuneration for their directors...
Softening bank loan growth in some markets but Asia Pacific expected to sustain momentum in 2023 with post-COVID-19 recovery in China boosting lending...
The mBridge pilot has tested the issuance of over $12 million in central bank digital currencies (CBDCs) and payments of over $22 million on bridge. I...
Ethereum’s recent software upgrade the ‘Merge’ is a key step in its future roadmap of development, but there remain several challenges that this...
Alternative credit is flourishing in Thailand as big technology platforms fill in the lending gaps left by traditional financial institutions. Known f...
Banks have not experienced a significant deterioration in asset quality of their MSME exposure, supported by various policy measures. An uptick in the...
Banks have not experienced a significant deterioration in asset quality of their MSME exposure, supported by various policy measures. An uptick in the...
The weak sales growth for this year’s Double 11 shopping festival was largely driven by the depressed consumer sentiment and logistical disruptions ...
DBS CEO Piyush Gupta, Public Bank CEO Tay Ah Lek and UOB CEO Wee Ee Cheong are the top three highest-paid bank chief executives in Asia Pacific in FY ...
Despite the impressive figures, the banking industry has been slow in partnering with the United Nations Environment Programme Finance Initiative to ...
Softening bank loan growth in some markets but Asia Pacific expected to sustain momentum in 2023 with post-COVID-19 recovery in China boosting lending...
Indian banks still dominate the list of the top 10 banks with the highest nonperforming loan (NPL)ratio among the 500 largest banks in Asia Pacific, d...
Some countries in Asia Pacific posted stronger growth in bank lending to small businesses between 2019 and 2021 as compared to the period from 2017 to...
Qatar Islamic Bank is the most efficient bank in the Middle East and Africa, emerging first among the largest 100 banks in the MEA 200 rankings in 202...
Hong Kong's banking industry has remained resilient amid the pandemic, and its retail banking sector is expected to grow slowly but steadily until 202...
All the top 10 most efficient banks in Asia Pacific are from China. Bank of Shanghai is the most efficient in the region, followed closely by Bank of ...
Banks in most Asian markets booked lower provisions to cover potential loan losses as economies recover, which has contributed to the improved profita...
Tay Ah Lek saw a 6.5% rise in total remuneration to $9.2 million in 2020 despite the pandemic, which was 250 times the average pay Public Bank’s emp...
The United Nations (UN) Emissions Gap report states that the richest 1% account for 15% of the global greenhouse gas (GHG) emissions. The world’s ri...
Ethereum, Terra and Binance Smart Chain (BSC), the top three largest DeFi blockchain networks, represented 76.5% of all DeFi activity. Ethereum is fac...
China is cracking down on big techs’ monopoly in financial data to curb abuses of power and protect consumers’ privacy, according to the country�...
In the recently released Global Fintech Hub Report 2021, Beijing was named the best fintech hub, followed by San Francisco, New York, Shanghai, Shenzh...
The number of unicorns has increased dramatically amid a surge in venture capital investments, making 2021 a record year for privately held startup co...
China’s pilot of the central bank digital currency has made promising progress. However, the digital RMB system collects and share less transaction ...
In June 2021, Chinese ride hailing giant Didi and digital freight platform Full Truck Alliance made their debuts in the US amid the volatile initial p...
Some companies have acquired cryptocurrencies for their corporate treasuries despite the volatility. MicroStrategy, the public company that holds the ...
Standard Bank of South Africa gained market share in home loans, while FirstRand Bank only grew its home loans by 0.2%. ...
The crypto market is becoming more mature and many mainstream companies have shown interest in the crypto ecosystem.. The impressive rise of cryptocur...
We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade. ...
The COVID-19 pandemic has exerted substantial impact on the profitability of banks in Asia Pacific, although most are better positioned to weather thi...
In addition to leading their institutions to support customers and communities, some bank bosses are also taking pay cuts or making charitable donatio...
Digital banks in Asia Pacific witnessed improving overall profitability in FY2019. Although some digital banks’ net profit in FY2020 has been affect...
The US Net International Investment Position (NIIP) has posted a deteriorating trend for over a decade now, raising concerns of the financial conditio...
Countries are eager to strike a balance between mitigating the economic damage from lockdowns and keeping the coronavirus outbreak under control....
With the COVID-19 pandemic in full swing, many people are staying at home and doing their shopping through mobile phones and computers. As a result, e...
The hiring activity in the banking and financial services market will be driven by factors such as continuous digital transformation, new regulatio...
The market for charitable giving is evolving like other forms of commerce and establishing a firm digital presence...
Vietnam is likely to emerge as a significant consumer-driven market, placing it in the Asian consuming class of Indonesia and the Philippines with a ...
Big four banks to tidy up various messes coming from renewed pressure from regulators...
ING and Suncorp emerge as victors from the fallout in regards to net promoter score while smaller banks are in danger to lose the most with the entry ...
Australian households are struggling with the record amount of outstanding debt, and the sliding housing market fuels concerns over shrinking economi...
Asian stock markets attracted less investible funds in 2018 and more went into bond markets, banking institutions and managed funds ...
These are the leading countries where new payment options are creating new opportunities and disrupting the incumbents ...
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