Australia

Chart of the Week: What annoys APAC bank users the most?

Frozen credit cards no longer spark as much annoyance.

Chart of the Week: What annoys APAC bank users the most?

Frozen credit cards no longer spark as much annoyance.

Australian banks cut term deposit rates amidst cheaper funding

About 130 interest rate cuts were recorded in individual term deposit products in March.

Australian banks blame tighter credit checks for home loan decline

Applications dwindled despite unchanged loan success rate.

Australian banks slammed over repayment delays

Customers had to pay for services they did not receive.

NAB names Philip Chronican as next chairman

He will also serve as interim group CEO for the bank.

ABN AMRO unveils branch in Sydney

Peter Davis will lead the Dutch lender's operations in Australia.

Regulatory scrutiny weighs on Australian banks earnings

Lenders already struggle with weak loan growth amidst the housing downturn.

Should New Zealand banks brace for earnings blow amidst higher capital requirements?

Major banks would need around $4,55b if the proposal is implemented.

Citi appoints Keith Tuffley as vice chairman for Australia and New Zealand

He will also serve as senior inernational adviser to the BCMA team.

Australia's lending incumbents face threat as challenger banks enter fray

Volt Bank has finally managed to nab a full banking license.

Australia's big banks profited $792m by subverting mortgage cap: regulator

The banks were accused of accomodative pricing behaviour.

Chart of the Week: Mortgage slowdown to hit Australian bank loans in 2019

Housing loans constitute over 60% of their overall banking credit.

Appian's low-code platform promise efficiency breakthroughs for APAC banks

Fresh from its success in helping Australia-based Bendigo Bank transform into a more customer-focused operation, Appian is looking to bring its low-code platform to more banks in Asia Pacific who need to deliver enterprise applications in a quicker, more efficient manner.

Australian banks shed $13b in assets in downsizing spree

CBA sold its asset management business for $2.9b.

Sibos 2018: China and Australia put APAC on the map in global fintech league

Three of the top five in KPMG's Fintech100 were nabbed by Chinese firms.

Sibos 2018: APAC fuels global payments boom with $900b in 2017 revenue

Strong balance growth in China is cementing the region's dominance.