Asia-Pacific’s credit environment has entered a transitional phase. With the default rate for speculative-grade corporates in APAC projected to rise from 1.5% to 2% by March 2026 , financial institutions must enhance their risk frameworks to future-proof portfolios. While non-financial corporate debt issuance surged 27% year on year, reaching USD 38.1 billion in Q3 2024, bank credit remains dominant at 143% of GDP far above the global average of 96%.
Singapore’s banking sector is preparing for tougher headwinds. In Q1 2025, OCBC raised S$212 million in credit allowances (a 25% increase) in anticipation of economic and trade policy uncertainties . At the same time, Asia’s private credit market is expected to balloon to USD 2.6 trillion by 2029, up from USD 1.5 trillion in 2024 signalling a seismic shift in credit provision strategies across the region.
With nearly one-fifth of APAC corporate debt tied to interest coverage ratios below 2, compared to a 15% global benchmark, and corporate bond spreads trending upward in early 2025, Singapore serves as the ideal location for risk professionals to explore evolving credit dynamics blending regulatory strength with regional relevance.
Join us at the Credit Risk Conference by Trueventus in Singapore, convening risk managers, financial institutions, regulators, fintech disruptors, and corporate treasury leaders. Uncover forward-thinking strategies for navigating credit growth, rising defaults, and the expanding role of private credit.
The Asian Bankers Association (ABA) serves as a platform to advance the banking and finance industry in the Asia-Pacific region and promote regional economic cooperation. Its key goals include facilitating the exchange of views on banking opportunities, fostering fellowship among regional bankers, encouraging collaborative activities to support members’ roles in economic development, and initiating projects that boost trade, industry, and investment cooperation across the region.
www.aba.org.tw/
The Association of Trade and Commerce (ATC) is a business association dedicated to advocating and representing the interests of Singapore’s enterprises across diverse industries and trade sectors. As an enterprise-centric and community-based organisation, ATC actively advocates for the growth and development of businesses, focusing on key pillars such as capability building, transformation, globalisation, and community engagement.
www.atc.sg
The Financial Institutions Association of Bhutan (FIAB) is a Civil Society Organization established in January 2022. The association currently has 13 members including all the major banks and non-bank financial institutions. FIAB serves as a collective platform to address common challenges, promote industry best practices for its members, and strengthen the overall financial sector. The association works closely with regulatory authorities, government agencies, and other stakeholders to support policy development, capacity building, advocacy, and sector-wide initiatives.
www.fiab.bt
ERMA established as a global learning centre for professionals in Enterprise Risk Management. ERMA provides a comprehensive set of Enterprise Risk Management courses, certifications, and facilitates collaboration efforts of in Enterprise Risk Management professionals around the world.
www.erm-academy.org/
