Asian Banks

Asian banks lure investors with safety amid US-led banking turmoil

Economists say one factor working in favour of Asia-Pacific is generally softer pivot in monetary policy, with central banks in Australia, S Korea, Indonesia and India pausing their tightening cycles

S&P to include hacking risks in credit rating of Asia-Pacific banks

Negative ratings momentum could result in jurisdictions where the entire industry suffers serious data breaches repeatedly, or where regulators are particularly lax, the agency said

Dwindling foreign exchange reserves spells risk for EM currencies

Thailand saw the biggest drop in reserves as a percentage of the gross domestic product, followed by Malaysia and India, according to data compiled by Bloomberg

Asia's central banks forced to play catch-up in global rush to raise rates

Having bucked a global dash to tighten monetary policy for a year, Asian central banks find themselves scrambling to catch up in order to tackle rising inflation and defend weakening currencies

HDFC Bank sees profits more than doubling to $15 bn in 5 years after merger

CEO Jagdishan tells analysts merger with HDFC gives the lender the opportunity to double balance sheet every five years

Asian banks 'falling short' on decarbonisation efforts, new study finds

Banks in Asia are "falling short" when it comes to meeting global pledges to tackle climate change and aligning with the decarbonisation aims of their nations, a new study says

Asian banks' trials with 'tokenised securities' stuck in silos: ASIFMA

Asian financial regulators should do more to support large-scale trials of "tokenised securities", an industry body said

Unchanged landscape

More than two years after two Asian multilateral banks were set up for green financing, there's little change in the way such projects are financed