News
Singapore banks rev up tech hiring to plug digital vacancies
Singapore banks rev up tech hiring to plug digital vacancies
A fifth of job postings are for employees with digital skills.
11 Indian banks to launch blockchain-linked fund for SMEs
YES Bank and Kotak Mahindra Bank are some of the member lenders.
Indonesia urged to cut bank network to 70 lenders
The bank association believes that this is the ideal number to foster competition.
Asian Banking and Finance Wholesale Banking Awards 2019 opens for nominations
Entries are accepted until April 19.
Chart of the Week: Thai banks ramp up lending to risky SMEs
SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.
Weekly Global News Wrap Up: Three-way UAE merger creates $114b banking giant; Standard Chartered slapped with $40m fine
And Kazakhstan is looking for a bank to take over its second largest lender.
Vietnam to put an end to cross-ownership at banks by 2020
The number of cases between direct share ownership between banks and enterprises fell to 4.
1MDB scandal fails to shake trust in Malaysian banks: survey
Banking is still the most trustworthy profession for Malaysians.
South Korea has no plans to issue a digital currency soon
The central bank said there is no immediate need to introduce such currency.
Singapore banks' loan growth to grind to a halt at 0.5% by end-2019
Mortgage loans and business-related loans are caving under pressure.
Chinese banks' property loan growth slows to 20% in 2018
About $3.82t went to individual purchasers.
7 in 10 Hong Kongers believe fintechs are as trustworthy as banks: survey
However, 22% admit that the former are less trustworthy than old-guard lenders.
Korean major banks to cut working hours
The move comes after the country implemented a 40-hour work week.
Singapore mortgages slow sharply as sentiment sours
Home loan growth slowed to 1.9% in January-November 2018 from 4.2% in 2017.
Taiwanese banks' year-end loans receive boost from heated consumer spending
Housing loans rose for the 22nd straight month to $226.97b.
Indonesian banks tie up to launch QR code payment platform with Alipay
'Link Aja' will launch sometime in February to March.
Hong Kong banks' pre-tax profit up 19.4% in 2018
NIM rose to 1.62% from 1.45% in 2017.
Commentary
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