Lenders in Thailand are expected to adopt a cautious position in the coming months, keeping a close watch on household debt levels and monitoring the local economy’s return to growth following a contraction earlier this year.
Asia Financial Services
Displaying 91 - 96 of 160
Lenders in the Philippines are readying themselves for a further tightening of regulatory oversight, with the requirements of Basel III, as adapted by the Bangko Sentral ng Pilipinas (BSP), the central bank, due to come into effect at the beginning of next year. While the transition is not expected to be overly burdensome, the cost of greater security could be a short-term dip in profits.
The collapse of a leading Mongolian bank has underscored both the weaknesses and strengths of the banking system, with an apparent failure of corporate governance prompting a swift reaction from regulatory authorities.
After several years of strong credit growth in Indonesia, recent interest rate increases are expected to slow lending, allowing banks to take stock and reducing the risk of exposure to bad loans.
Fresh legislation has paved the way for a major shift in Myanmar’s financial sector, spearheaded by the separation of the central bank from the Ministry of Finance and Revenue.
An overhaul of Malaysia’s Islamic finance regulations is expected to increase take-up of sharia-compliant insurance (takaful) products, although the new rules could encourage smaller operators to join forces with more established rivals.