Datafiles Feb 26 India’s banking sector soars with higher profit growth Kotak Mahindra Bank is the most profitable bank in India, while State Bank of India reports the largest net profit. Indian banks place fourth globally... 294
Datafiles Feb 04 Half of the world’s top 10 banks by net profit are based in China Chinese banks dominate the world’s top 10 banks by net profit, but their profit growth lagged behind US and UK banks, mainly due to rate cuts, narro... 960
Datafiles Dec 23 Banks from Middle East and Africa are the most profitable in the world The Middle East and Africa lead in bank profitability, benefiting from considerable non-interest-bearing deposits and elevated oil prices in the Middl... 1621
Datafiles Jun 05 Asia Pacific consumer finance sees diverse growth due to economic shifts From 2019 to 2023, the share of consumer finance relative to total retail lending declined in Hong Kong and South Korea, but increased significantly i... 1285
Datafiles Mar 06 Philippine digital banks weigh growth against poor credit quality Philippine digital banks saw rapid growth in 2023 alongside mounting concerns over credit quality as gross NPL ratios soared... 1412
Datafiles Aug 12 Singapore surpassed India with 48% share of fintech funding in Asia in 1H2023 While India led in fintech funding between 2020 and 2022, Singapore outpaced India in the first half of 2023, driven by the digital lending and insurt... 1387
Datafiles Jul 03 Average remuneration for senior staff at leading Chinese banks higher in 2022 compared to 2021 Despite efforts to cap financial sector pay, 17 out of the 25 largest commercial banks in China saw a rise in average remuneration for their directors... 2241
Datafiles Jul 03 Bank lending in Asia Pacific to maintain growth of 9% amid China’s reopening Softening bank loan growth in some markets but Asia Pacific expected to sustain momentum in 2023 with post-COVID-19 recovery in China boosting lending... 1729
Datafiles Dec 07 mBridge pilot enables more opportunities in a faster cross-border transaction infrastructure The mBridge pilot has tested the issuance of over $12 million in central bank digital currencies (CBDCs) and payments of over $22 million on bridge. I... 1252
Datafiles Dec 06 Ethereum's Merge ushers in more energy efficient blockchain Ethereum’s recent software upgrade the ‘Merge’ is a key step in its future roadmap of development, but there remain several challenges that this... 1187
Datafiles Dec 06 Big tech and fintech credit disbursement in Thailand to reach $1.6 billion by 2025 Alternative credit is flourishing in Thailand as big technology platforms fill in the lending gaps left by traditional financial institutions. Known f... 595
Datafiles Dec 01 ASEAN's digital economy expected to grow to $330 billion by 2025 Banks have not experienced a significant deterioration in asset quality of their MSME exposure, supported by various policy measures. An uptick in the... 807
Datafiles Dec 01 MSME NPLs remain key concern despite being broadly stable Banks have not experienced a significant deterioration in asset quality of their MSME exposure, supported by various policy measures. An uptick in the... 861
Datafiles Nov 28 Alibaba posts lacklustre Double 11 sales growth as it shifts focus to customer loyalty The weak sales growth for this year’s Double 11 shopping festival was largely driven by the depressed consumer sentiment and logistical disruptions ... 1031
Datafiles Oct 31 DBS CEO Piyush Gupta tops the ranking of CEO remuneration in Asia Pacific as his pay up 48% DBS CEO Piyush Gupta, Public Bank CEO Tay Ah Lek and UOB CEO Wee Ee Cheong are the top three highest-paid bank chief executives in Asia Pacific in FY ... 10075
Datafiles Oct 13 Leading towards a more responsible and sustainable future Despite the impressive figures, the banking industry has been slow in partnering with the United Nations Environment Programme Finance Initiative to ... 2765
Datafiles Jul 03 Bank lending in Asia Pacific to maintain growth of 9% amid China’s reopening Softening bank loan growth in some markets but Asia Pacific expected to sustain momentum in 2023 with post-COVID-19 recovery in China boosting lending... 1172
Datafiles Jun 07 South Asian banks register highest NPLs Indian banks still dominate the list of the top 10 banks with the highest nonperforming loan (NPL)ratio among the 500 largest banks in Asia Pacific, d... 10048
Datafiles May 10 Bank lending to small businesses in Asia Pacific grew 15.4% in 2021 Some countries in Asia Pacific posted stronger growth in bank lending to small businesses between 2019 and 2021 as compared to the period from 2017 to... 8145
Datafiles Mar 10 Qatar banks most efficient in Middle East and Africa Qatar Islamic Bank is the most efficient bank in the Middle East and Africa, emerging first among the largest 100 banks in the MEA 200 rankings in 202... 4692
Datafiles Mar 04 Hong Kong retail credit market expected to grow 9% by 2023 Hong Kong's banking industry has remained resilient amid the pandemic, and its retail banking sector is expected to grow slowly but steadily until 202... 19606
Datafiles Feb 18 Chinese banks are the most efficient in Asia Pacific All the top 10 most efficient banks in Asia Pacific are from China. Bank of Shanghai is the most efficient in the region, followed closely by Bank of ... 6218
Datafiles Feb 17 Chinese, Hong Kong and Singapore banks reduce loan loss provisions to below pre-COVID levels Banks in most Asian markets booked lower provisions to cover potential loan losses as economies recover, which has contributed to the improved profita... 31934
Datafiles Jan 28 Public Bank CEO Tay Ah Lek overtakes DBS CEO Piyush Gupta as the Asia Pacific’s highest-paid bank chief executive Tay Ah Lek saw a 6.5% rise in total remuneration to $9.2 million in 2020 despite the pandemic, which was 250 times the average pay Public Bank’s emp... 18168
Datafiles Jan 25 Are billionaires doing enough to save the planet? The United Nations (UN) Emissions Gap report states that the richest 1% account for 15% of the global greenhouse gas (GHG) emissions. The world’s ri... 5288
Datafiles Jan 04 Ethereum dominates DeFi market, while Terra overtakes BSC as the second largest DeFi blockchain Ethereum, Terra and Binance Smart Chain (BSC), the top three largest DeFi blockchain networks, represented 76.5% of all DeFi activity. Ethereum is fac... 6563
Datafiles Oct 13 China tightens anti-monopoly regulations to limit tech giants’ majority share in market China is cracking down on big techs’ monopoly in financial data to curb abuses of power and protect consumers’ privacy, according to the country... 6118
Datafiles Sep 30 US and Chinese cities lead global fintech hub rankings In the recently released Global Fintech Hub Report 2021, Beijing was named the best fintech hub, followed by San Francisco, New York, Shanghai, Shenzh... 11826
Datafiles Sep 02 Almost 40% of current unicorns were created in the first eight months of 2021 The number of unicorns has increased dramatically amid a surge in venture capital investments, making 2021 a record year for privately held startup co... 21337
Datafiles Aug 21 China's digital RMB trial surpassed $5.3B in transactions China’s pilot of the central bank digital currency has made promising progress. However, the digital RMB system collects and share less transaction ... 5697
Datafiles Jul 09 DiDi’s $4.4 bn listing largest Chinese IPO in US since 2014 as regulation tightens In June 2021, Chinese ride hailing giant Didi and digital freight platform Full Truck Alliance made their debuts in the US amid the volatile initial p... 11401
Datafiles Jun 30 Top ten companies with most bitcoin hold over 204,000 in total Some companies have acquired cryptocurrencies for their corporate treasuries despite the volatility. MicroStrategy, the public company that holds the ... 107195
Datafiles Jun 29 South African banks grew home loans by 4.1% amid record low interest rates Standard Bank of South Africa gained market share in home loans, while FirstRand Bank only grew its home loans by 0.2%. ... 8169
Datafiles May 22 Bitcoin’s market dominance falls to 38% as crypto asset trading grows The crypto market is becoming more mature and many mainstream companies have shown interest in the crypto ecosystem.. The impressive rise of cryptocur... 24177
Datafiles Mar 31 Can impact investing play a part in war zones? We are living in the most peaceful time in human history, with the lowest number of deaths from war in the last decade. ... 6706
Datafiles Mar 16 Indonesian banks’ profitability hardest hit amid COVID-19 but remained highest in Asia Pacific The COVID-19 pandemic has exerted substantial impact on the profitability of banks in Asia Pacific, although most are better positioned to weather thi... 7564
Datafiles Dec 10 Santander Group's Ana Botin and Jose Alvarez made the largest contributions in COVID-19 response In addition to leading their institutions to support customers and communities, some bank bosses are also taking pay cuts or making charitable donatio... 7904
Datafiles Oct 15 Thirteen most profitable digital banks in Asia Pacific upped earnings by 49% in 2019 Digital banks in Asia Pacific witnessed improving overall profitability in FY2019. Although some digital banks’ net profit in FY2020 has been affect... 13701
Datafiles Aug 17 Weakening US net international investment position and its implications for holders of US assets The US Net International Investment Position (NIIP) has posted a deteriorating trend for over a decade now, raising concerns of the financial conditio... 9263
Datafiles Jun 10 Asia Pacific cautiously resumes economic activity amid unfolding pandemic Countries are eager to strike a balance between mitigating the economic damage from lockdowns and keeping the coronavirus outbreak under control.... 6030
Datafiles May 13 Cashless payments in leading economies forecasted to grow 9% in 2020 due to COVID-19 With the COVID-19 pandemic in full swing, many people are staying at home and doing their shopping through mobile phones and computers. As a result, e... 14056
Datafiles Mar 06 Recruitment of digital and technology talent remains active The hiring activity in the banking and financial services market will be driven by factors such as continuous digital transformation, new regulatio... 6262
Datafiles Jan 21 Nonprofit organisations receive increased support through online giving The market for charitable giving is evolving like other forms of commerce and establishing a firm digital presence... 5853
Datafiles Oct 18 Banks continue to hold the commercial strings in Vietnam’s rapidly developing payments landscape Vietnam is likely to emerge as a significant consumer-driven market, placing it in the Asian consuming class of Indonesia and the Philippines with a ... 10881
Datafiles Aug 27 Will Australian consumers ditch their big bank relationships in the face of new digital banks? Big four banks to tidy up various messes coming from renewed pressure from regulators... 8750
Datafiles Jul 19 Regional and digital banks gained the most from Australia's banking royal commission inquiry ING and Suncorp emerge as victors from the fallout in regards to net promoter score while smaller banks are in danger to lose the most with the entry ... 9243
Datafiles Jun 27 Household debt highest in Australia, while China sees fastest growth Australian households are struggling with the record amount of outstanding debt, and the sliding housing market fuels concerns over shrinking economi... 15629
Datafiles Mar 18 Asian intermediation shifts from stocks into bonds and bank deposits for most countries Asian stock markets attracted less investible funds in 2018 and more went into bond markets, banking institutions and managed funds ... 5193
Datafiles Dec 20 China, India and Thailand payments surge ahead These are the leading countries where new payment options are creating new opportunities and disrupting the incumbents ... 11316
Datafiles Jul 16 Whither digital transformation? The emergence of global digital finance institutions ... 21142
Datafiles Jun 01 Digital-only banks face issues of licensing, scale and profitability as it aims to challenge traditional banks ... 9484
Datafiles Nov 08 CEO remuneration 2016: Piyush Gupta of DBS is highest paid executive in APAC ... 7264