Banks in Asia received a record number of regulatory fines this year. What’s behind the rise?

Central bank and government efforts to stave off the worst of Covid-19’s financial impact may just postpone the inevitable.

As Asia grapples with the aftermath of Covid-19, previous challenges have returned to the fore. 

Noripah Kamso, former chairwoman of Bank Rakyat, explains to Kimberley Long how Islamic finance could become mainstream if it prioritises its environmental and social credentials. 

Asia’s multiple payment methods have been widely adopted, but can leave companies struggling with numerous providers and cash flows. 

Nowhere has the pivot towards digital transactions been more successful than in Asia. Coronavirus has been an unexpected boon, driving greater adoption of digital banking and mobile payments.

The coronavirus shutdowns brought Asia’s supply chains to a halt, requiring quick action to adapt them and their financing. Kimberley Long reports.