Despite the buzz surrounding the rise of virtual banks, Thailand’s existing financial institutions appear to retain a safe buffer against potential disruption, at least in the near term. Moody’s Ratings recently indicated that the new entrants, set to launch…
Malaysia’s digital banking landscape is shifting, as the nation’s new players in the sector are reassessing their approaches to deposit gathering amidst challenges in lending growth, which has turned out to be more costly and sluggish than initially…
Digital banks in Singapore are striding confidently into the future by expanding their portfolios with higher-margin products like investments and loans, but two years after their debut, they still face significant challenges. A recent report from…
They got here late and when they did arrive, they faced fierce rivalries from strongly entrenched incumbents. And given that they have to follow all the regulations traditional banks do, they are not getting a break from regulators either. It was just a short…