News

India to put nearly $14b into state banks by March

India to put nearly $14b into state banks by March

In return, the banks must implement reforms to boost lending and solve bad debt.

Chart of the Week: Find out how big Thai banks' bancassurance partnerships boost fee income

It's a win for overall profitability that has been under high credit costs.

Indonesian banks have no more room for rate cuts in 2018

Cutting their reference rate twice in June and September 2017 is enough.

Big thai banks to suffer weak FY17F results

No thanks to higher provision expenses and lower non-interest income.

India's rising government bond yields to slam public sector banks

The banks are exposed to losses from the bonds' reduced investment value.

Philippines' new leverage framework to boost banks' resilience

Banks will be required to hold more capital and curb excessive credit growth.

Hong Kong banks to benefit from HKMA's proposed loss-absorbing capacity rules

These will facilitate loss absorption and recapitalization in case of bank failure.

South Korea unveils task force to monitor and study cryptocurrencies

This will help banks in risk management, digital currency, and blockchain.

APAC financial services employment in 2017 increased 12% YoY

It provides an ideal springboard for more growth in 2018.

China banks' regulator probes shadow banking woe

Outstanding assets of shadow banking in China reached $4.3t in December.

Australian banks' profit growth to slow in 2018

No thanks to mounting pressure on business volumes and compliance cost.

Chinese banks' profit growth to hit double digits in 2018

It’s back to black after four years of stagnant earnings.

Digitalisation in Malaysian banks creates 4,500 new jobs

New opportunities are focused on automation and IT.

IFRS 9 has ‘volatile' impact on Singapore banks' earnings

This is due to the change in calculating expected credit loss (ECL).

Chart of the Week: Here's how Chinese banks respond to fintech

They are developing new services and strengthening existing ones.