Leading banks significantly increased loan impairment provisions last year, ahead of a projected rise in bad loans this year.
Asia-Pacific
World
/ Asia-Pacific
/ Vietnam
Pandemic pauses financial services jobs boom in Vietnam
October 12, 2021Riding on wings of strong economic growth, 6750 financial services and fintech jobs were created in Vietnam in 2018. However, momentum slowed in the past two years and has not yet recovered.
Cambodia’s pre-pandemic boom drives banks’ total assets
October 11, 2021The south-east Asian country was one of the fastest-growing economies in the world prior to Covid-19.
World
/ Asia-Pacific
/ China
What risks does Evergrande pose for China's banking sector?
October 9, 2021As the debt-laden Chinese developer stands on the brink of collapse, the fallout poses risks across the financial system.
Regulatory fears hit Hong Kong's stock market
October 6, 2021The Hang Seng Index has been the worst-performing stock market in Asia this year amid concerns over anti-sanctions law.
World
/ Asia-Pacific
/ Vietnam
Vietnamese banking sector's decade of expansion
October 4, 2021In 2011 Vietnam had just eight banks in The Banker’s Top 1000 World Banks ranking; this has doubled to 16 in 2021.
Rate challenges squeeze interest income at Bangladeshi banks
October 1, 2021Standard Chartered Bank Bangladesh saw net interest income decline 12% year-on-year to $179m in 2020.
NPLs rising at Indonesian banks amid pandemic
September 30, 2021Bank Negara Indonesia saw its non-performing loan ratio increase from 2.3% in 2019 to 4.2% last year.
World
/ Asia-Pacific
/ Brunei
ROA holds up at Brunei banks despite pandemic
September 29, 2021The recent rise in the oil price bodes well for the country’s financial sector.
Fintechs look beyond unicorn status
September 27, 2021A whole industry has been built around helping Asian fintech start-ups achieve a $1bn valuation.
What impact did the global pandemic have on banks?
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