News
Philippine banks profits up 17.8% in Q1
Philippine banks profits up 17.8% in Q1
Higher earnings from trading buoyed non interest income to $691.53m.
Chinese banks' money supply received boost from RRR cut
Net interest margins are poised to widen amidst more loans to deploy.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
Limited oil and gas exposure cuts Singapore banks' bad loans in Q1
New NPL formation eased for DBS by 63%, 24% for OCBC, and 1.9% for UOB.
Wealth management fees buoy Singapore banks earnings in Q1
DBS, OCBC, and UOB all registered double-digit growth in fee income.
Hong Kong banks authorised to apply fintech in credit assessment
Instead of collecting income proof, banks may use big data and other fintech.
Housing downturn pushes Australian banks' credit growth down to 5.1% in March
Residential credit accounts for more than 60% of the banking system’s overall credit.
Weekly Global News Wrap Up: BNP Paribas profit falls 17% in Q1; BofA pushes for cashless payments
And Greece's top banks would lose $18.6b of capital under stress.
Chart of the Week: Check out the growth of AUM held by China's asset management industry
Assets under management exceeded $15.69t.
Australian banks face heated competition as first digital-only player enters fray
The country’s regulator has granted fintech bank Volt license to operate.
China regulator slaps three banks with $29m fine for industry malpractice
The banks violated proper lending practices amongst other multiple transgressions.
Hong Kong loan growth extends climb after rising 15% in March
This represents the fourteenth consecutive month of double-digit annual growth.
Singapore banks poised for widening NIMs
DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.
Can trade finance plug the gap left by Australian banks' retreat from wealth?
Over a third of businesses expect trade finance demand to rise in the coming year.
Hong Kong amends bank disclosure rules to meet Basel III standards
It enhances transparency and comparability requirements.
China banks' time deposits up but loans slow in Q1
Accounts with specified maturity dates rose 11.8% for ICBC, 7.5% for CCB, and 6.2% for ABC.
India's private banks profit from demonetisation drive
The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.
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Asian Banking & Finance Fintech Awards 2025 Winner: Bhagavi Sridharan of Aditya Birla Capital Digital
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