China’s banks have proved irrepressible during the pandemic because of their robust structure and the country's rapid response to the economic impact of Covid-19.
Asia-Pacific
Digitisation helps Indian banks to survive pandemic stresses
June 23, 2021India’s banks have continued to evolve during the Covid-19 crisis, leading to hopes of a quick bounceback.
Taiwan’s economy helps banks to strong results
June 18, 2021Taiwan’s banks have performed well in the rankings, after the government’s fast response to the pandemic and a tech boom led to GDP growth.
China’s CBDC rollout gathers momentum
June 16, 2021The People’s Bank of China has set up a joint venture with Swift, and has conducted experiments with other central banks.
A lesson in adapting from Asian banks
June 16, 2021Asian banks have met a range of pandemic-related challenges with notable resilience.
Philippine banks squeezed as Covid-19 ravages economy
June 11, 2021Weak credit growth and rising non-performing loans among concerns, as authorities struggle to get virus under control.
Rebounding economy boosts scaled-down Australian banks
June 7, 2021The country’s leading banks have endured a tricky period following a series of misconduct cases.
Exports surge bolsters South Korean banks
June 4, 2021As growth rebounds, central bank may look at raising rates which could boost bank profits, but add to household debt risks.
Asian Islamic finance plugs into fintech future
May 19, 2021Asia’s Muslim population is held back by the lack of faith-based financial services.
Corporate default risk on the rise in Japan
May 14, 2021As some sectors struggle, banks’ provisions for loan losses are equivalent to just 0.3% of assets.