Financial Services

More consumers in Asia Pacific becoming late-paying clients: survey

2 in 5 collection managers say more consumers are paying 60-days past-due.

Singapore bond market faces $22b refinancing bill

This came as Fed raised policy rates by 25bp.

UOB allows customers to use phones as security token

It launched the UOB Mighty Secure feature.

Chart of the Day: Check out the banking sector's NPL ratios by sector

Overall NPL ratio increased to 2.1%, led by manufacturing, and transport, storage and communications.

Fitch bearish on Singapore banks amidst worsening asset quality

Total exposure to O&G sector stood at $16.1bn or 17% of core capital.

South Korean banks face increased performance uncertainty: Fitch

Blame it on higher credit costs from ongoing restructuring.

Singapore banks set for 11% earnings rebound next year

Thanks to an estimated 8-10bps rise in net interest margins.

Credit card usage in Singapore could collapse by 2020: study

Usage is expected to contract by nearly a quarter.

Infrastracture-driven economy to boost Indonesia's insurance

The country's infrasture budget for 2017 rose to IDR387t.

DBS profits could grow by up to 7% through 2018

Thanks to better than expected cost management.