Nine of Bangladesh’s banks in ‘red zone’
The banks, including four state-run ones, have fragile financial health, according to a recent report by the central bank of Bangladesh.
Banking crisis
Sharia banking will need ‘a long time’ to take off in Indonesia
Bold ideas, such as converting a major state-owned bank into a sharia lender or pushing for more sharia finance in the housing market, could accelerate the process, analysts argue.
Amid industry-beating growth, Indonesia’s digital banks still lack profitability
According to analysts, digital banks should tap into nontraditional revenue sources, such as business-to-business payroll and payment systems, to manage profitability issues.
Bangladesh’s falling reserves, bad loans worrying
Given the falling reserve, the government should introduce import restrictions on luxury goods, and set a priority as to what goods can be imported in the current situation, says…
China sees loan prime rates fall for first time in 10 months
The market-based lending benchmarks fell for the first time since August 2022 on Tuesday, June 20.
Bank of Korea heeds possibility of US rate hikes later this year
The US Federal Reserve has waived interest rate increase but signalled that two more rate hikes are on the way, the central bank said.
S’pore’s GDP growth forecast for 2023 dips to 1.4%: MAS survey
One key factor cited was that bank loan growth will slow to 0.5 per cent, well down from the estimate of 1.3 per cent made in March.
China’s major State-owned banks adjust deposit rates
The move comes as a subsequent adjustment following last year's rate cuts by some major banks in China.