News

Weekly Global News Wrap Up: Credit Suisse to sell B2B investment fund platform; Citi kills some card perks
26 Jun 19
And German banks could face $695m over dividend tax concerns.
Chart of the Week: How many branches do Korean banks have left?
25 Jun 19
The number fell from as high as over 7,500 in 2014.
ICBC's Jimmy Chan to outline the threats and opportunities of open API
24 Jun 19
Competition and cooperation will shape the interaction between incumbents and TSPs.
Korea's virtual banks still struggle to find footing
24 Jun 19
Lenders grapple with low profitability and limited capital two years since they kicked off.
Philippine banks conquer mounting bad loan risk
24 Jun 19
Corporates, which account for 76% of loans, have strong debt-servicing abilities.
Will virtual banks threaten Singapore's big three?
24 Jun 19
Newcomers still have to create large funding and capital bases to contend with incumbents.
Malaysian banks bear weight of $234b household debt burden
21 Jun 19
Lower income borrowers account for 37% of household loans.
Thai bank profits to fall 1% in Q2
21 Jun 19
Thanachart Bank will get hit the hardest as earnings will fall 13%.
Singapore investment banking fees down 15.9% to $366.3m
21 Jun 19
Advisory fees for M&A deals shrank 49% to $76m.
Online bank hiring in Malaysia up 15% in March
21 Jun 19
It recovered from 9% decrease in the first two months of the year.
Korean regional banks look to SEA for growth
20 Jun 19
DGB Financial Group is aiming to open a bank branch in Vietnam.
Millennials are snapping up Asia's short-term online loans
20 Jun 19
They are the top borrowers in India, Indonesia, Vietnam and the Philippines.
Japan's regional banks cash in on middle-risk loans
20 Jun 19
The share of real estate in total loans hit a record high 16%, thanks to regional lenders.
Can Australian banks meet heavier capital requirements?
19 Jun 19
The regulator is proposing an aggregate-level risk-weight floor based on internal ratings-based approach.
Malaysian banks lead Southeast Asia in board diversity
19 Jun 19
Women make up over a third of boards compared to only 9% in the Philippines.
Weekly Global News Wrap Up: Deutsche Bank to build $56b bad bank; Big Nordic banks cut compliance jobs
19 Jun 19
And banks in Nigeria are tapping on a growing youth demographic.
Chart of the Week: Indian banks' credit growth hit 13% in May
19 Jun 19
Home and retail sectors drove lending gains.
Singapore slaps three-year prohibition orders against former UBS banker
18 Jun 19
Paris Michele was discovered to have falsified company emails and forged documents.
Singapore banks step up buyback spree to rescue share price
17 Jun 19
Most of the buybacks by DBS were done in May, when the share price fell 14%.
Are Indonesian banks' digital journeys paying off?
16 Jun 19
Lenders are introducing self-service lounges, cardless withdrawals and biometrics to grow their millennial client base.
Malaysian banks earnings slipped 0.5% in Q1
13 Jun 19
The sector’s pre-provision operating profit is at its lowest since Q1 2017.
Chinese banks' loan growth up 15% to $170.7b in May
13 Jun 19
It was lower compared to the $180b worth of new loans expected by analysts.
Chart of the Week: Here's where Japanese banks' shrinking loan balances are hitting harder
11 Jun 19
More than half of lenders based in Chugoku, Koshinetsu, Shikoku and Tohoku earned less revenue.
Global Weekly News Wrap Up: Wells Fargo to shell out $386m to customers; JP Morgan kills mobile banking app a year after launch
11 Jun 19
And banks in the EU have paid $24.2b to central bank since 2014.
China launches risk hedging tool to ease jitters after Baoshang Bank takeover
11 Jun 19
It is offered to investors in the $289m worth of six-month certificates of deposit.
New Hong Kong virtual banking licenses spur demand for data jobs
11 Jun 19
The hottest roles will include data scientists, UI engineers, and full stack developers.
Korean banks step up game to lure baby boomers
10 Jun 19
KEB Hana will create a taskforce to focus on premium pension products.
Singapore banks' bad loan ratio to hit 1.7% by 2020
7 Jun 19
Blame higher delinquencies from SMEs and non-financial firms.
Taiwan embraces facial recognition in online banking
6 Jun 19
Taishin Bank will utilise the technology for clients with iPhone X by Q3.
Korea banks on big data infrastructure
6 Jun 19
It will create a financial data exchange for financial players in the country.
Japanese lenders team up with global banks for blockchain-based digital coin
6 Jun 19
It will be used to speed up overseas money transfers.
Open banking could uplift Australian banks
4 Jun 19
The big four banks will be required to make data available for transactions by February 2020.
Here's why Indian shadow banks are looking overseas
4 Jun 19
They have already clinched more than $2b worth of overseas bonds and loans in 2019.
Chart of the Week: Check out Vietnamese banks' return on average assets
4 Jun 19
It lags behind the Philippines and Indonesia.
Weekly Global News Wrap Up: JPMorgan faces deposit growth slowdown; Estonia to expedite crackdown on Europe's $230b dirty money scandal
4 Jun 19
And PayPal injects $11m in Swedish financial startup Tink.
Singapore banks' loan growth slows further to 1.37% in April
3 Jun 19
Housing loans fell to a three-month low at $202.76b.
Thailand eyes integrating biometrics into account openings by Q3
3 Jun 19
Exits for the trial period of the service could start in Q3 2018.
Tougher mortgage rules await smaller Korean banks
31 May 19
The scheme is an attempt to help stabilise home prices.
Jason Ekberg of Oliver Wyman to grace the 2019 ABF Digital Payments Summit
31 May 19
He will share how to compete across the payments industry amidst its digital shift.
Here's where alternative lending thrives in Asia
30 May 19
The land of GoPay and OVO is no man’s land for banks.

Sign Up For Newsletter

 

Follow Us

Commentary

Foreign Exchange
Too crowded bets on “7” for USDCNY could be dangerous
BY Alicia Garcia Herrero

MORE ››

Events Calendar

Jul 18
ABF Wholesale Banking Awards 2019
Singapore
Jul 18
ABF Retail Banking Awards 2019
Singapore
Jul 18
ABF Corporate and Investment Banking Awards 2019
Shangri-La Hotel Singapore
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