News

Japanese banks' US dollar assets balloon 88% to $2.5t in 2017

They have become the most significant, non-US dollar banking player in terms of size.

More than 70 delegates graced the Retail Banking Forum 2018 in Jakarta

The forum focused on digital transformation and emerging technologies.

14 Thai banks collaborate to develop shared blockchain platform

The banks make up the Thailand Blockchain Community Initiative.

9 in 10 Singaporeans want to use fingerprint and facial recognition in banks

Only 1 in 5 are currently using the technology in banking services.

Chart of the Week: Here's how the younger generation in China pushes fintech growth

They are likely to help the continued penetration and popularity of e-payment systems.

Experienced foreign banks are thriving in Taiwan

The country's competitive loan market is opening new doors of opportunities.

Foreign banks outperform local Singapore banks in resolving customer woes

Local Singapore banks need to step up their omnichannel game.

Lower core lending and fees hit Japanese regional banks' profits

Japan’s rapidly ageing population is eliminating opportunities for banks to grow their loan portfolios.

Future-ready: Singapore banks target inclusive hiring

They aim to comply with an advisory that covers HR issues like retrenchments.

Hong Kong banks can hold firm against another housing crash

They can maintain their credit profiles even if prices were to plunge by 30%.

Southeast Asian fintech growth hampered by funding woes

Almost three quarters believe they only have less than a year to raise funds.

Home loans buoy Malaysian banks' growth prospects

It’s the only bright spot amidst the rest of the underperforming pack.

Lack of regulatory clarity in open banking impedes ASEAN banks

They are unable to formulate clear strategies in open API creation for third party use.

Malaysia expected to ride Islamic finance boom

Sukuk issuance amongst banks may grow as much as 13% in 2018.