News
Finda helps on-the-go Koreans in securing loans
Finda helps on-the-go Koreans in securing loans
It offers evaluation of personal loans without having to submit hard copy of documents.
Thai bank loans could grow 7% by end-2019
It will be supported by government projects paired with private investments.
Michael Ho of Oliver Wyman to grace the 2019 ABF Digital Payments Summit
He will share how to compete across the payments industry amidst its digital shift.
Asian Banking & Finance Awards recognises record number of outstanding companies
More than 270 senior banking executives graced the event.
Korean banks forge consortium to develop blockchain-based mobile identification
It will allow individuals to store key personal information needed for online transactions.
Full go-live of SWIFT gpi for corporates kicks off
It allows multi-banked corporates to track transactions through a single standardised views.
Hong Kong banks' loan growth rose 3% in May
HKD loans were buoyed by mortgage demand.
Weekly Global News Wrap Up: UK banks hit by Brexit-induced investment slowdown; Deutsche Bank to pay $197m to settle bribery case
And BNP Paribas will pull out from financing private prison firms.
Chart of the Week: Thai banks' bad loan ratio hit 3% in Q1
SMEs’ bad loan ratio continued to grow from 4.4% to 4.6%.
Vietnamese banks eye offshore capital to meet Basel II regulations
Tien Phong Commercial Joint Stock Bank could seal Vietnam’s first USD-denominated note issuance.
Japanese regional lenders tie up to combat low interest rate environment
Bank of Yokohama and Chiba Bank’s agreement include retail banking, database marketing and M&As.
Taiwanese bank branches drop to eight-year low in May
Banks have yet to apply for an application to open a new branch since the start of the year.
Malaysian banks' core net profit fell 2% in Q1
AMMB’s net profit crashed 36%.
Hong Kong's laid off banking expats struggle to find jobs
Expats may turn to lower-paying options following Deutsche and Nomura's job cull.
Virtual banks may only account for less than 1% of Singapore loan market by 2022
Retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.
Korea resumes applications for third internet-only bank
Rejected applicants Toss Bank and Kiwoom Securities are welcome to re-apply.
Chart of the Week: Can households buoy Malaysia banks' loan growth?
The sector makes up 5.7.8% of the total loans.
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Experts explored how hybrid multi-cloud strategies and interconnected data centres are shaping the future of banking in the region.
Commentary
Fighting fraud in the digital banking age
Asian banking’s next frontier: Beyond growth, embracing precision
Rethinking cybersecurity: How APAC banks can safeguard against AI-powered threats
Why Singapore’s fast payments need faster protections