With few opportunities for expansion, many of Japan’s banks are looking overseas, and towards the green sector, for growth.
China’s digital banks have rocketed up The Banker’s best-performing table, overtaking the mega state-owned lenders.
Integrating an AI tool for cash-flow forecasting seems like a treasurer's dream, providing a detailed analysis of their cash positions with existing data. While this can be achieved, it requires detailed background work to get the best from the tool.
The governor of the Astana International Financial Centre talks about the centre’s growth, the development of Kazakhstan’s capital markets, and how the centre has benefited from sanctions against Russia.
VinaCapital Fund Management’s deputy managing director speaks about the outlook for Vietnam’s economy and the areas that are ripe for investment.
Under the Monetary Authority of Singapore’s Project Guardian, the development of a digital asset class could help relieve liquidity issues in trade finance. Kimberley Long reports.
While China’s banks continue on their growth path, they must adapt to new banking rules and a more challenging economy.
China’s largest state-owned banks have retained their places at the top of the Top 1000 ranking, despite the strength of the US dollar affecting their core capital levels.
Indonesia’s banks have a weaker showing in the 2023 Top 1000 World Banks ranking, following a stellar 2022.
Japan’s banks continue to struggle in the Top 1000 World Banks ranking, with all 82 banks except one seeing a decline in Tier 1 capital.
South Korea’s banks remain well capitalised, but economic issues have impacted Tier 1 capital growth.
Taiwan’s banks have been affected by the country’s weak economic growth, which has seen the largest banks slip down the rankings.
In Asia-Pacific (excluding China and Japan), Australia’s Commonwealth Bank has held firm at the top, but State Bank of India is nipping at its heels.
While headline economic growth figures appear to indicate a country enjoying a return to health, issues beneath the surface are weighing down market sentiment.
Rhee Chang Yong, governor of the Bank of Korea, talks about concerns for economic growth, the impact of geopolitics and plans for a central bank digital currency.
Singapore’s banks take the top spots again in the Tier 1 ranking, but Indonesia’s banks continue their strong showing across the performance metrics.
The Asian Development Bank’s annual meeting focused on the threat of climate change and provided real solutions and the steps that must be taken to prevent the situation worsening.
While fintechs in other regions are facing a more challenging environment, Asian fintechs are still seeing considerable growth opportunities, especially in B2B lending, payments and digital banking.
Singapore has called for fintechs to provide stronger safety support for their staff, but globally, gig economy workers are often let down by the banking sector.
Thailand’s finance minister Arkhom Termpittayapaisith speaks to The Banker about the country’s plans for inflation and meeting its impressive GDP goals for 2023.