News
Credit card spending in Taiwan hits $47.05b in H1
Credit card spending in Taiwan hits $47.05b in H1
Purchases via credit card nearly hit the $200b in all six months except February.
Ailing Indian banks shore up on fees from non-maintenance of minimum balance
State Bank of India led the pack in collecting customer penalties.
Singapore retail and wealth banks shun digital as they ramp up Q2 hiring
Relationship managers in bancassurance were in hot demand.
Japanese banks jumpstart SEA expansion in bid for survival
Juroku Bank and Ashikaga Bank opened a Hanoi and Bangkok unit.
Australia's big banks defy mortgage hike trend
ANZ and CBA have lowered their mortgage rates to boost lending.
Malaysian banks loan growth remains dismal at 5% in June
Working capital loans failed to recover fast enough.
New AM rules to halt rapid slowdown in Chinese bank credit
Authorities are softening the impact of deleveraging through looser guidelines.
Bloated corporate loan books drag down Philippine banks
The retail loan segment offers a way to diversify their lending.
Thailand's Big 4 onboard SWIFT gpi for faster cross-border payments
They join around 10,000 other banks on the platform.
South Korea to allow payment via QR code by 2019
The central bank is aiming to create a local version of Alipay or WeChat Pay.
Myanmar to allow 13 foreign banks to offer import financing services
Only trade financing was previously allowed for foreign lenders.
Hong Kong trails behind Singapore in ease of bank account opening for non-locals
Startups, SMEs, and foreign nationals lament the inefficiency.
Philippine banking assets up 12.2% to $292.95b in May
A surge in deposits drove banking gains.
Hong Kong bank loans up 0.9% in June
IPO loans worth $1.95b drove lending gains.
Weekly Global News Wrap Up: Fintech firms can soon win US bank charters; Credit Suisse charged with rigging forex rates
And here's the key behind Standard Chartered's profit surge.
Chart of the Week: Which Singapore bank enjoys the highest customer satisfaction?
Lenders with attractive interest rates stand the best chance.
Hong Kong's asset and wealth management business hit $24.27t in 2017
The private banking unit and fund advisory business performed strongly.
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