Hong Kong
Hong Kong to launch blockchain-powered trade finance platform in September
Hong Kong to launch blockchain-powered trade finance platform in September
This involves the participation of the central bank and seven other lenders.
India's bad debt burden is the second worst globally
Trailing only behind Italy, the country has a bad loan ratio of 11.6%.
Chart of the Week: Check out how profitable Hong Kong banks were in 2017
Average NIMs of the largest lenders from 1.43% in 2016 to 1.54% last year.
Cash is still king in Hong Kong as only a fifth embrace e-payments
Nearly 70% cite that they remain unfamiliar with the tech required to go cashless.
Credit Suisse's Hong Kong unit ordered to pay $369.08m to settle hiring corruption probe
The bank reportedly made preferential hires to win business.
How can Hong Kong banks reconcile third party data sharing with cybersecurity?
Banks need robust cyber resilience strategies to plug risks.
Hong Kong banks' bad loan ratio improves to 0.52% in 2017
Maintaining credit quality is no problem for the city’s top lenders.
Hang Seng Bank to use fintech in credit risk assessment by Q4
Fintech and big data will be used in assessing loan applications.
What can Hong Kong banks gain from turning away from BPOs?
Managed services may just be the way to add further value for banking customers.
Hong Kong banks may lose $14.68m in net assets following HKFRS 9
Replacing the incurred credit loss model is likely to shed off around 1% of net assets.
Hong Kong banks' cost to income ratios improve despite larger digital investments
The figure dipped from 47.9% in 2016 to 42.5% in 2017.
Chart of the Week: Non-bank Chinese exposure of Hong Kong banks doubles to 15% in 2017
Fitch, however, warns against the associated risks of greater Mainland exposure.
Citi hops aboard Hong Kong's chatbot race with planned Facebook Messenger chatbot
Customers will soon be able to check account balance via the messaging app.
Standard Chartered tapped for Alipay's blockchain cross-border remittance service
It will act as the settlement bank for AlipayHK and GCash.
BOC (Hong Kong) moves to beef up private banking business
The bank aims to boosts the number of relationship managers by at least 20%.
Hang Seng Bank onboards SWIFT platform for faster cross-border payments
Payments can be credited within minutes.
HSBC to lift PayMe e-wallet top-up limit
The move aims to ease individual money transfer and purchases.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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Why high capital levels are a double-edged sword for Singapore banks