News

Hang Seng Bank adjusts branch hours

From 14 September, street-level branches will be open from 9AM-4:30 PM on weekdays.

Chinese banking sector's net profits down 24.6% YoY in Q2

Improvement in sight for H2, but lenders may face capital shortfall.

Singapore regulator floats guidelines to boost FIs' ethics, accountability

Senior managers responsible for core functions should be identified.

Indian banks now face less risks from corporate loans

Current performing loans can now better handle stress.

Chart of the Week: Pandemic drives e-commerce adoption in Malaysia

International e-wallets such as Google Pay and Masterpass are gaining steam.

Malaysia drops criminal charges vs Goldman Sachs over 1MDB

The bank has earlier agreed to pay $3.9b as settlement.

Singapore regulator floats new SGD facility for banks

It will be launched in the week of 28 September.

South Korean banks' credit loans hit $105b in August

Consumers rushed to buy apartments or to simply make ends meet.

More profit woes for Chinese banks as regulators plan NPL hike

$160.9m of targeted full-year NPL resolution were completed in H1.

New measures spur Thai financial institutions to restructure debts

It will cut the amount of reserved provisions, but lower future interest income.

South Korea's corporate loans jump to $1.12t in Q2

This is the largest amount on record for a second quarter period.

Gabriel Seow, BDO, on the emerging trends in Asian finance

The latest member of the Asian Banking and Finance Awards judging panel shares his expertise in this exclusive interview.

Citibank granted domestic fund custody licence in China

The bank can now provide custody services to Chinese mutual and private funds.

Qualtrics brings together industry leaders in a series of events supporting businesses in the fin-services industry

As part of its ‘Work Different’ initiative, Qualtrics is organising a week-long series of events bringing together industry leaders from financial services. The programmes will be from 8 September all the way to 10 September.