News

And banks in the EU have paid $24.2b to central bank since 2014. From Reuters: 

It is offered to investors in the $289m worth of six-month certificates of deposit.

The hottest roles will include data scientists, UI engineers, and full stack developers.

KEB Hana will create a taskforce to focus on premium pension products.

Blame higher delinquencies from SMEs and non-financial firms.

Taishin Bank will utilise the technology for clients with iPhone X by Q3.

It will create a financial data exchange for financial players in the country.

It will be used to speed up overseas money transfers.

The big four banks will be required to make data available for transactions by February 2020.

They have already clinched more than $2b worth of overseas bonds and loans in 2019. Bloomberg reports that shadow banks in India are looking outside the country in search for earnings amidst lenders that have been hesitating in extending funds.

It lags behind the Philippines and Indonesia.

And PayPal injects $11m in Swedish financial startup Tink.

Housing loans fell to a three-month low at $202.76b.

Exits for the trial period of the service could start in Q3 2018.

The scheme is an attempt to help stabilise home prices. Korean second-tier banks will be subject to more stringent mortgage rules called Debt Service Ratio (DSR) by June, reports Yonhap. The move is an attempt from authorities to dent the growth of household debt and stabilise home prices.

The land of GoPay and OVO is no man’s land for banks.