FSA commissioner urges regional banks, whose profits are down 30% from 5 years ago, to explore ways to manage low interest environment, other than blaming monetary policy.
Government wants central bank to review criteria for releasing banks from PCA framework, shift to Basel III capital standards.
Three state-run banks were among those that received local and foreign currency ratings upgrades following a notch up in Vietnam's sovereign rating earlier this year.
APRA is seeking industry feedback on potential new approaches to the capital framework for banks to make them more internationally comparable and flexible.
Vietnam is looking to potentially stop issuing licenses to foreign banks even as the State Bank of Vietnam is proposing to ease requirements for the establishment of domestic banks.
Loans classified as non-performing jumped to $284bn at banks, up 10% during the second quarter. Banking regulator says asset quality is "stable".
The rating agency has changed its outlook for Indonesia’s banking system to stable for positive on the back of strong operating environment, capitalisation and liquidity levels.
Under Basel III rules, banks would need to hold CET1 capital of 4.5% of RWAs, compared to the 4.5% now required of Indian banks.
Moody’s reported that DBS, OCBC and UOB have seen improved profitability and stable asset quality going into the second half of the year.
The Thai banking industry will see improved operating environment given robust economic growth along with strong capitalisation and government support, according to an assessment by Moody’s.
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