News

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.

Hong Kong bank loans up 0.9% in June

IPO loans worth $1.95b drove lending gains.

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.

Singapore bank lending up 5.9% to $673b in June

Corporate lending drove the monthly loan growth.