News

21 Feb 19
Hawker centres, food courts and wet markets remain heavily dependent on cash.
20 Feb 19
US heavyweights may be in a stronger position to advise on foreign targets.
20 Feb 19
And the market rout weighed on HSBC's full-year earnings.
20 Feb 19
Total capital adequacy ratios hit 18% in November 2018.
20 Feb 19
Earnings hit $21.56m with private banks leading the quarterly gains.
19 Feb 19
Regulators have encouraged banks to lend more to firms hit by the deleveraging.
19 Feb 19
Both Instapay and Pesonet have seen banks grow to 47 and 42 respectively.
18 Feb 19
J-Coin enables transactions without the need to install readers.
18 Feb 19
The five creditors have agreed to swap debt for shares in the parent firm.
15 Feb 19
Lenders have been shifting to on-balance sheet activities.
15 Feb 19
Corporation Bank’s penalty hit $282,000.
14 Feb 19
Soured assets held by Philippine banks hit $430m in November 2018.
14 Feb 19
The growth of gross NPAs fell to 8.4% from 30.4% the previous year.
14 Feb 19
The number of defaults quadrupled to hit a record $17.68b in 2018.
13 Feb 19
There were 62 cases of phishing last year.
13 Feb 19
Shinhan Financial Group and mobile app maker Viva Republica are forming a consortium.
13 Feb 19
Vietinbank, for instance, reports an NPL ratio of 1.4% but the true figure is at least 3%.
13 Feb 19
Average fees for equity deals fell to 3.9%.
12 Feb 19
Lenders are eager to meet capital requirements.
12 Feb 19
It has been proposed that a FHC will have the main bank as subsidiary.
12 Feb 19
The move comes after looser rules on AM activities.
11 Feb 19
Interest earnings buoyed yearly profits despite higher borrowing costs.
11 Feb 19
Weakening property demand weighed on loan growth.
8 Feb 19
The growth was its lowest since November 2017.
8 Feb 19
The share of trading and investment securities income shrunk to 36% in 2018 from 47% in 2009.
8 Feb 19
Some local brokers had to make do with a lai see.
8 Feb 19
Working capital, construction, home and auto loans weakened.
6 Feb 19
Such levels are higher than banks in Indonesia and the Philippines.
6 Feb 19
This brings the bad loan ratio to 1.89% in 2018 from 1.99% in 2017.
4 Feb 19
Around 13% even believe that fintechs deserve more trust than old-guard lenders.
4 Feb 19
The number of unbanked local government units also dipped to 554 from 582.
4 Feb 19
Banks typically front-load loans early in the year.
4 Feb 19
It aims to boost local currency usage of both the riel and baht.
4 Feb 19
They can hold up to 35% stake in local lenders.
4 Feb 19
They have successfully met capital and bad loan requirements.
1 Feb 19
Business lending grew to 4.1% even as loans to consumers softened.
31 Jan 19
The four state banks will be put under the holding company, PT Danareska.
31 Jan 19
Strong capital inflow boosted yearly figures.