Banking Research & Consulting

Thursday, 26 December 2024

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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 in the Philippines.

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Record earnings despite rising cost of funds and credit

Banks in Asia’s mature markets beat rising costs, deteriorating credit quality and higher interest rates, focusing on digital experiences, GenAI, green finance and fraud prevention

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Our archives on finance

Asia Pacific consumer finance sees diverse growth due to economic shifts

Record earnings despite rising cost of funds and credit