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Siam Commercial Bank's NPLs fell by only US$113m in 4Q16
Siam Commercial Bank's NPLs fell by only US$113m in 4Q16
NPLs among SMEs increased in 4Q16.
Standard Chartered Bank enters 15-year bancassurance agreement with Allianz
The arrangements will be implemented in Hong Kong, Singapore, Malaysia, Indonesia and China.
POSB to enable fund transfers, card payments via chat banking on Facebook Messenger by 2Q17
For now, the AI-driven virtual assistant answers enquiries about products and services.
KBANK not comfortable with having a lower coverage ratio than its competitors: analyst
It now stands at 130%.
2 risks that TMB Bank must face in 2017
Export-oriented SME loans is one.
Bank Mandiri to propose a 10-20% special dividend for 2016
That’s on top of its 30% regular payout ratio.
CIMB's loan growth target of 6% for 2016 still within reach: analysts
Thanks to a possible pick-up in domestic corporate lending in 4Q16.
Metrobank's gross NPLs down 9% to US$178m in 3Q16
NPL ratio improved to 0.93%.
OCBC's loan growth in Chongqing tripled in November 2016
Thanks to the launch of the Chongqing Connectivity Initiative.
UOB unveils Young Professionals Solution to help millennials build wealth
Its 3 components are UOB One Account, UOB YOLO credit card, and the United SGD Fund.
Public Bank launches new lifestyle debit card for frequent travellers
The bank partnered with UnionPay International.
IndusInd Bank's CASA deposits up 46% in 3QFY17
All thanks to the demonetisation.
Siam Commercial Bank seeking foreign partner for its insurance arm
A deal could give the life insurance business a valuation of at least US$3b.
Bank of Singapore mulls setting up private bank in London
Its CEO says London has become 20% cheaper.
Citi gets new license to expand trustee services in Singapore
It will now be able to act as trustee for Singapore collective investment schemes.
Bangkok Bank sued by Fox for not paying bank guarantees worth US$71m
But the bank insists it does not have to pay.
HSBC launches US$290m lending scheme in China
It's to finance startups in Guangdong.
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Value migration to non-bank players with a "focused" model is accelerating.
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Why high capital levels are a double-edged sword for Singapore banks