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Weekly Global News Wrap Up: Mobile money takes over Africa; US regulators mull changes to Volcker Rule
14 Aug 19
And Nordic banks hit by negative rates may pass on the burden to customers.
Chart of the Week: Korea's internet-only banks still sparring for market share
14 Aug 19
The two players only account for 0.6% of the loan market in Q1.
Banks in Singapore brace for mounting asset risks
14 Aug 19
New NPL formation rose for all three banks in Q2 due to large overseas exposures.
OneConnect's Rohit Chowdhry to grace the ABF Digital & Open Banking Conference 2019
14 Aug 19
He will discuss how partnerships with ecosystem players can create open banking models.
Simple is smart: Here's how UnionBank tied up smart banking with innovative rebranding
14 Aug 19
Its new logo is part of its attempt to pursue a brand with an iteration of ‘Power the Future of Banking’.
Philippine banks' half-year profits up 26% to $2.11b
13 Aug 19
Net interest income hit $8.24b and non-interest income rose to $1.69b.
Hong Kong banks' loan growth up 1.1% in June
13 Aug 19
Loans for mortgages, building, and construction drove quarterly gains.
Thai banks' bad loan balance hits 1.8% in Q2
9 Aug 19
Weaker debt servicing abilities reflected the slowing economy.
Bangkok Bank's Chusacultanachai maps out Thailand's cashless journey
7 Aug 19
Integrating digital payments into a larger digital economy lies in collaboration between public and private sectors.
Weekly Global News Wrap Up: EU regulator rejects calls for lower capital rules; Colombia must pay $61m to banks involved in Odebrecht project
7 Aug 19
And a regulator in South Africa slapped a fine on an Indian bank.
Credit card spend in Taiwan hits $10.42b in June
7 Aug 19
The tax season drove monthly gains.
Indonesia moves to ease bank merger rules
7 Aug 19
It would relax the requirement for acquiring banks to merge local operations into one entity.
Tech upstarts woo locals as Singapore retail banking customer satisfaction falls
7 Aug 19
65% are interested in opening digital bank accounts, up from 52% in the previous year.
Malaysian e-payment transactions nearly tripled in 2018
7 Aug 19
It hit 125 transactions per capita last year.
Singapore banks face risk of rising credit costs as bad assets mount
6 Aug 19
Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.
Malaysian bank earnings growth to slow to 1% as loans falter
6 Aug 19
Loans continued to trend downwards in June, falling 4.2%.
SWIFT banks on gpi and blockchain in APAC expansion as it trials DLT in Singapore
5 Aug 19
SWIFT gpi is carrying over $300b a day in 145 currencies across more than 1,200 country corridors.
How RHB Bank aims to plug Malaysia's $20b SME funding gap
5 Aug 19
The bank aims to extend $7.5b in new and additional loans for SMEs by 2021.
Thai banks' credit growth falls to 1% in H1 as demand wanes
31 Jul 19
Retail loan growth fell to 3.1% as auto sales and mortgage growth stumble.
Chart of the Week: Singapore's virtual banks can't rely on the branchless advantage for long
30 Jul 19
Facilities costs as a proportion of incumbent lenders' assets is only 7bps compared to 103bps.
iFAST eyes Singapore virtual banking license
30 Jul 19
The move will expand its service scope to include e-payment and lending.
Taiwanese banks struggle with muted profit outlook
26 Jul 19
ROAA from 2016-2018 stood at 0.6%.
Can Philippine banks ride out the bad loan wave?
26 Jul 19
Systemwide non-performing loans rose sharply by 22.5% in January.
China tightens ownership rules of unlisted banks
26 Jul 19
The move comes after the takeover of Baoshang Bank.
US dollar deposits accounted for a third of Singapore's total bank deposits in March
26 Jul 19
USD deposits rose at a CAGR of 20% over the past nine years.
Why you shouldn't miss the ABF Digital & Open Banking Conference
25 Jul 19
Top executives from Standard Chartered, Revolut and EY will attend the prestigious event.
International banking heads take home highest salaries in Singapore's financial sector
25 Jul 19
The average base monthly salary for this role can hit $24,000.
Meet Musheer Ahmed of FTAHK at the 2019 ABF Digital Payments Summit
25 Jul 19
He will discuss key drivers for fintech innovation and why coopetition will be the new norm for the payments industry.
Chart of the Week: Philippine banks' loan growth to slow to 11% in 2019
24 Jul 19
Lending growth fell to an eight-year low in May.
Weekly Global News Wrap Up: UBS Q2 profit hits five-year-high; BofAML shells out $40m fine: report
24 Jul 19
And Spain’s Banco Santander finds refuge in the Americas.
Bankers are earning less than construction workers in Japan
24 Jul 19
The average wage of 102 listed banks and insurers dropped 1.4% since 2016.
Chinese bank branches hit 228,600 in 2018
24 Jul 19
Around 5,600 branches were set up in far-flung communities.
ZhongAn International's Ken Lo joins panel at the 2019 ABF Digital Payments Summit
23 Jul 19
He will discuss key strategies on how players can adapt amidst the emergence of virtual banks.
Digital consumers power up Singapore's big three banks
22 Jul 19
DBS and OCBC generate twice or thice as much revenue from digital retail and SME customers than traditional customers, on average.
Taiwanese banks' loan book hit $940.4b in May
22 Jul 19
Loans granted by local banks grew $357.6b in May YTD.
Singapore banks' NIM expansion could hit 1-2bp in Q2
22 Jul 19
Both OCBC and UOB could have a NIM expansion of 2bp during the period.
Finda helps on-the-go Koreans in securing loans
21 Jul 19
It offers evaluation of personal loans without having to submit hard copy of documents.
Thai bank loans could grow 7% by end-2019
19 Jul 19
It will be supported by government projects paired with private investments.
Michael Ho of Oliver Wyman to grace the 2019 ABF Digital Payments Summit
19 Jul 19
He will share how to compete across the payments industry amidst its digital shift.
Asian Banking & Finance Awards recognises record number of outstanding companies
18 Jul 19
More than 270 senior banking executives graced the event.

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Events Calendar

Aug 28
ABF Digital Payments Summit 2019
Hotel ICON, Level 1, Silverbox Ballroom 1-3, 17 Science Museum Rd, Tsim Sha Tsui, Hong Kong
Oct 22
ABF Digital & Open Banking Conference 2019, Singapore
Singapore
Nov 19
ATMIA Asia ATM Innovation & Security Congress 2019
Shangri-La Hotel, Kuala Lumpur, Malaysia