News
Here's why foreign bank ownership cap is a boon for Vietnamese fintech
Here's why foreign bank ownership cap is a boon for Vietnamese fintech
Investors may tie up with fintechs instead of banks.
The Philippines steps up rural bank shutdowns
A total of 10 smaller banks were closed in 2018 alone.
China's shadow banking assets plunged to $393.40b in H1
It crashed from a peak of $9.16t.
Krungsri's Sam Tanskul to reveal updates on global fintech at ABF's Digital & Open Banking Conference
He will be speaking from the perspective of the bank's own fintech subsidiary.
Celent's Eiichiro Yanagawa to take the floor on open APIs at ABF's Digital & Open Banking Conference
He will tackle the latest trends, emerging threats, and opportunities in digital banking.
South Korean banks' foreign currency deposits rebounds to $68.51b in July
A surge in euro-denominated savings boosted foreign deposits.
Vietnam steps up efforts to boost weakened banking sector
The government aims to have up to five banks listed on foreign bourses.
Can China's payment titans crack Hong Kong's mobile wallet market?
AlipayHK users have doubled to 1.5 million since March.
Foreign Islamic banks may soon be able to set up shop in the Philippines
A bill seeking to organise such lenders has passed committee level.
Chinese banks' new loans hit $211b in July
The central bank has been encouraging lenders to step up lending.
Property curbs and trade war a double whammy for Singapore banks
The Big 3 unanimously expressed concern over heightened trade risks.
Weekly Global News Wrap Up: UK banks eye customised alerts to boost customer loyalty; Turkey eases banks' capital rules
And US fintechs remain cautious after the US banking charter plan.
Chart of the Week: Which Singapore bank pays their staff the most?
Despite a 5% decline in pay per head, this bank still has the largest pay.
Mega infra projects to boost Thai banks loan growth to 5% in 2018
Around $14b worth of construction projects will break ground this year.
Can foreign lenders break Vietnamese banks' legacy problem?
Foreign ownership caps and regulatory constraints block foreign bank entry.
Foreign banks in Korea cut asset pools amidst domestic rate hikes
Lenders slashed asset holdings by $5.93b in 2016.
Chinese commercial banks profit up 6.37% to $149.58b in H1
However, bad loans also rose from $26.56b to $284.64b in Q2.
Commentary
Why APAC banks must rethink their approach to the cost reduction challenge
Thailand backs major conglomerates for digital banks but risks stifling innovation