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Weekly Global News Wrap Up: Mobile money takes over Africa; US regulators mull changes to Volcker Rule
Weekly Global News Wrap Up: Mobile money takes over Africa; US regulators mull changes to Volcker Rule
And Nordic banks hit by negative rates may pass on the burden to customers.
Chart of the Week: Korea's internet-only banks still sparring for market share
The two players only account for 0.6% of the loan market in Q1.
Banks in Singapore brace for mounting asset risks
New NPL formation rose for all three banks in Q2 due to large overseas exposures.
OneConnect's Rohit Chowdhry to grace the ABF Digital & Open Banking Conference 2019
He will discuss how partnerships with ecosystem players can create open banking models.
Simple is smart: Here's how UnionBank tied up smart banking with innovative rebranding
Its new logo is part of its attempt to pursue a brand with an iteration of ‘Power the Future of Banking’.
Philippine banks' half-year profits up 26% to $2.11b
Net interest income hit $8.24b and non-interest income rose to $1.69b.
Hong Kong banks' loan growth up 1.1% in June
Loans for mortgages, building, and construction drove quarterly gains.
Thai banks' bad loan balance hits 1.8% in Q2
Weaker debt servicing abilities reflected the slowing economy.
Bangkok Bank's Chusacultanachai maps out Thailand's cashless journey
Integrating digital payments into a larger digital economy lies in collaboration between public and private sectors.
Weekly Global News Wrap Up: EU regulator rejects calls for lower capital rules; Colombia must pay $61m to banks involved in Odebrecht project
And a regulator in South Africa slapped a fine on an Indian bank.
Credit card spend in Taiwan hits $10.42b in June
The tax season drove monthly gains.
Indonesia moves to ease bank merger rules
It would relax the requirement for acquiring banks to merge local operations into one entity.
Tech upstarts woo locals as Singapore retail banking customer satisfaction falls
65% are interested in opening digital bank accounts, up from 52% in the previous year.
Malaysian e-payment transactions nearly tripled in 2018
It hit 125 transactions per capita last year.
Singapore banks face risk of rising credit costs as bad assets mount
Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.
Malaysian bank earnings growth to slow to 1% as loans falter
Loans continued to trend downwards in June, falling 4.2%.
Thai banks' credit growth falls to 1% in H1 as demand wanes
Retail loan growth fell to 3.1% as auto sales and mortgage growth stumble.
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