Techcombank, one of the leading banks in Vietnam, launched its Green Bond Framework, marking a pioneering milestone as the first private bank in Vietnam to take this significant step toward sustainability. The framework aligns with the International Capital Market Association’s (ICMA) Green Bond ...
“Banks in Japan, Singapore and South Korea have made significant strides in the last two years, but more decisive action is needed to align with global climate commitments,” says Peter Kiernan, ARE’s energy transition research manager and author of the report. “As the demand for fossil fu...
Being the first large-scale international financial and business event in the region this year, the forum assembled more than 3,000 financial officials, representatives of central banks and regulators, senior executives from international financial and multilateral organisations, financial and business ...
Prejudice against Asian-owned business can originate from customers, banks, and suppliers, which can have profound impacts on their survival rate (Becker1957; Borjas and Bronars1989). Customers may reduce their interactions with these businesses, leading to a substantial decline in business revenues....
As NPLs rise across the sector, some banks are struggling to meet profitability targets, with NPL ratios increasing over the past two years. Canadia Bank’s prudent lending strategy has insulated it from these challenges to a degree, though Sia noted that consolidation may be...
and facilities in the long run. Financial organisations are not obligated to alter their capital distribution approach in a green finance plan that aids green industries. Thus, they need more guidance regarding green investing. The economic sector needs to help transition to a carbon–neutral economy...
Within the financial regulatory space, Selwyn works regularly with banks, insurers, fund managers, payments companies, crypto firms and other fintech entrants to navigate the business and regulatory environment, including to structure new and novel business cooperation models. ...
An injection of which via central bank money creation (or via banks within the reserves system) expands the stock of monetary base with government debt issuance shrinking the monetary base (debt-financed fiscal spending, not absorbed via money creation by either the central bank/banks within the ...
“The leading firms in the region are not playing the … role that they should,” he added. A key risk is that the U.S. Federal Reserve and other major central banks might keep interest rates higher than before the pandemic. Another comes from the nearly 3,000 trade-distorting measures,...
cooperation with the established MDBs, governments and enterprises of the recipient countries has enabled the AIIB to diversify its lending risks by sharing the financial burden. Through such co-financing initiatives with other MDBs, the AIIB can draw on and learn from the partnering banks’ rich ...