As Asia’s banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year.
As Asia's banking sector navigates a peak in global interest rates and risks of slower growth, investors are wagering that banks in India and Indonesia have the strongest loan and profitability profiles to provide returns next year. Over the past 18 months Asian central banks tracked the U.S. Federal Reserve tightening monetary policy to battle inflation, but their interest rates hikes were smaller and slower, resulting in better interest income for the region's banks without loan growth suffering. Banking indexes in India, Indonesia and Thailand have all outperformed the broader MSCI Asia ex-Japan index as well as the S&P banks index since March 2022, when the Fed started raising rates.
As Asia s banking sector
navigates a peak in global interest rates and risks of slower
growth, investors are wagering that banks in India and Indonesia
have the strongest loan and profitability.
San Miguel Brewery’s Red Horse ranked among the most powerful brands in Southeast Asia according to the inaugural Kantar BrandZ Top 30 Southeast Asian Brands report. The Top 30 – covering Vietnam, Thailand, Indonesia, Malaysia, the Philippines, and Singapore – covers brands from categories such as alcoholic beverages, telecommunications, banks,…