In Focus

India's weakened banking sector awaits stronger credit growth as it tucks bad loans away
From 4.7% in end-2016, loans booked double-digit growth of 14.9% in November.

Top News

Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study
Banking Technology
4 days ago
Only 2 in 5 industry professionals have gone through fintech training courses.
More than half of Hong Kong banking professionals willing to work in GBA cities
Retail Banking
4 days ago
Those employed in senior management positions are the most willing to transfer.
Philippine banks' bad loan ratio to hold steady at 3.5% in 2019
Retail Banking
5 days ago
Strong capital buffers can help weather volatile currency risks.
Australia's big banks profited $792m by subverting mortgage cap: regulator
Retail Banking
5 days ago
The banks were accused of accomodative pricing behaviour.
Dementia sufferers catch Japanese banks off guard
Retail Banking
5 days ago
Japanese residents with dementia will hold $2t in financial assets by 2030.
Chart of the Week: Australia and Hong Kong banks hit by negative property sentiment
Lending & Credit
6 days ago
The decline in property prices may drive loan impairments up.
Weekly Global News Wrap Up: US banks brace for deal frenzy as 2017 M&As doubled to $196.5b; JP Morgan targets mid-sized firms in European pivot
Retail Banking
6 days ago
And UAE and Saudi Arabia have deployed digitla currency for settlements.
Thailand mulls harsher stance against cash transactions
Cards & Payments
6 days ago
Banks are considering additional fees as it aims to speed up e-payment adoption.
India's ATM industry struggles with steep compliance costs
Retail Banking
1 week ago
Half of the infrastructure may close down by March 2019.
Chinese regulator refuses to let up on banking crackdown with $22m fine
Retail Banking
1 week ago
This represents one of the largest penalties in 2018.

More News

OCBC rolls out digital account opening service for MNCs
1 day ago
The time taken to set up an account will be cut 75% from months to weeks.
Kasikornbank ties up with Japan mobile chap operator Line
6 days ago
The bank will tap on the latter's 44 million users to grow personal loans.
Citi adds full Apple product suite to rewards redemption platform
1 week ago
It is initially available in Australia, Hong Kong, the Philippines and Thailand.
HSBC installs ‘dementia' specialist staff in Hong Kong
1 week ago
They will assist the elderly with their finances.
CIMB Group profits rose 4.1% to $283.8m in Q3
1 week ago
Non-interest income surged 19.9%.
Maybank profits down 3.5% to $471.31m in Q3
1 week ago
It was hit by the profit decline in the insurance division over higher contract liabilities.
Hong Leong Bank profits dip 0.6% to $154.75m in Q1
1 week ago
Net interest income declined 5.7%.
British challenger bank Revolut receives green light to expand to Singapore and Japan
2 weeks ago
It will launch in APAC in Q1 2019.
Singapore launches $30m cybersecurity capabilities grant
2 weeks ago
It will co-fund up to $3m to support cybersecurity advancement in the financial sector.
Standard Chartered moves to cut Dubai and Singapore jobs
2 weeks ago
Employees in the priority banking business will be affected.

Exclusive

Event Coverage
Global wealth managers double down to capture Asia's tech-savvy crazy rich millennials
Innovative fintechs are filling in gaps in order to meet the complex digital demands of this booming client base.
by Staff Reporter
5 Dec 2018
Event Coverage
Asian banks rev up fintech partnerships to keep China's tech titans at bay
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
by Sandra Sendingan
28 Nov 2018

People

Citi Private Bank announces top-level appointments for Indian business
Citi appoints Fabio Fontainha as head of retail banking for Asia Pacific and EMEA
CIMB Group appoints Datuk Mohd Nasir Ahmad as group chairman
Citi Private Bank appoints Sally Yeh as global market manager for Taiwan
CIMB group chairman Dato' Sri Nazir Razak to retire
Deutsche Bank appoints Kaushik Shaparia as APAC head of corporate banking coverage

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ABF Priority Banking & Wealth Management Conference 2018 Event Photos
04 December 2018 | Shangri-La Hotel Singapore

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Open APIs threats
BY Eiichiro Yanagawa

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