News
China banks are the sixth largest creditor group globally
China banks are the sixth largest creditor group globally
Its cross border financial assets was valued at US$2t in Q3.
Smart card dominance dampens Hong Kong's mobile payments growth
Smaller e-payments players are finding it hard to gain traction against the ubiquitous card.
Malaysian banks poised for greater profitability amidst loan demand recovery
Improved asset quality is also in store for banks with O&G exposure.
Hong Kong and China amongst the most vulnerable to a banking crisis
Hong Kong has one of the worst credit-to-GDP gaps globally.
What are the big shifts that have deep implications on Asian banks?
These include the rise of Chinese tech giants, growing migration, and the boom of small businesses.
How can community shops become a growing woe for Indian banks?
They perform money transfer, deposits, and withdrawals largely for the low-income segment.
China eases banks' bad-loan coverage ratio to 120%
The lower non-performing loan rules will allow banks to extend more credit.
Japan Bank Consortium to launch blockchain-powered app for domestic payments
“MoneyTap” will be available to their users 24/7.
Weekly Global News Wrap Up: World's shadow banks expand; US Senate banking bill clears procedural hurdle
And France rejects UK bid to include banks in EU trade deal.
Chart of the week: Check out how Vietnam banks' profitability improved in 2017
Stable economic conditions and a robust core income segment buoyed earnings.
India's largest bank fraud likely to swell beyond $2b
Most relevant documents on LoUs have not yet been recovered which may push the fraud value higher.
Mobile wallets dominate Hong Kong payments in early 2018
Even though half of consumers encountered difficulties with the mobile app.
Indian banking apps are losing to mobile wallets big time
Nearly 9 in 10 consumers have a mobile wallet to pay for utilities, transport, and movies.
China $7b shadow banking industry threatens economic stability: FSB
Shadow lenders in the country account for about 15% of global high-risk non-bank loans.
India to merge 35 overseas branches of state banks after $2b fraud case
Nearly 70 more banks are under review.
Vietnam banks' average asset return rose to 0.9% in 2017
The healthy figures are partially due to strong core income segment.
Singapore banks' P2P funds transfer to extend to businesses
Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.
Commentary
Why APAC banks must rethink their approach to the cost reduction challenge
Thailand backs major conglomerates for digital banks but risks stifling innovation