News

Chinese commercial banks bad loan ratio hits 10-year high in 2018

Total non-performing loans hit $296.52b (CNY2t) in December.

Philippine bank loans grow 16.8% to $155.85b in November

This represents a slower growth rate compared to October.

Hong Kong banks' 2019 loan growth cut to 2% as trade and mortgage loans take hit

Lending to Mainland firms has been trending downwards to 6.1% in September 2018.

Philippine banks scramble after Korean shipbuilder default

The country’s five biggest banks have a $412m loan exposure.

Malaysian banks hike salaries by up to 12% for 20,000 employees

Banks also have to grant 0% interest for the first $24,414 in staff housing loan.

Are Singapore banks bracing for another O&G nightmare amidst Coastal Oil troubles?

The indebted crude oil supplier owes the three Singapore banks a combined US$172.1m.

Chart of the Week: Singapore bank revenues may rise 9% in 2019

Loans and balance sheet leverage will be the growth drivers.

India's Bandhan Bank gears for $11.7b merger

The deal will create one of India’s largest rural and semi-urban lending platforms.

Hong Kong banks loan growth rebounds 5.2% in November

Business sentiment recovered mildly as corporates ramped up borrowing.

Singapore banks' earnings turnaround hit by steep funding costs

NIMs have inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.

Deutsche Bank sees exodus of 30% of workforce in Singapore and Hong Kong

This translates to almost 50 investment bankers leaving in the past six months.

Chart of the Week: New Zealand proposes ambitious $9b bank capital buffers

The central bank is putting forward a prudential capital buffer of 9-10%.

Hong Kong banking industry needs to amp up skills on fintech and cybersecurity: study

Only 2 in 5 industry professionals have gone through fintech training courses.