News
Thai lenders bank on revamped apps to sustain growth
Thai lenders bank on revamped apps to sustain growth
Krung Thai Bank and Kasikornbank have updated their apps.
Korea's shrinking bad loan record at risk as SOHO loans turn sour
Such loans accounted for a fifth (22%) of total bank lending as of end-June.
Hong Kong bank loan growth may halve to measly 3% in December
The steep decline is partially due to higher interest rate environment.
South Korea cracks down on bank lending to cool housing market
Banks must cap the volume of high-risk loans they extend.
Hong Kong's blockchain-powered trade finance platform goes live
eTradeConnect will digitise the paper-intensive process.
Singapore bank loan growth slows to 4.5% in September as sentiment sours
This marks the slowest on-year pace since February.
Software AG's Chun Man Hui outlines his vision for the future of banking at the ABF Digital & Open Banking Conference 2018
The future is open and API-enabled.
Weekly Global News Wrap Up: Regulators sound alarm over US leveraged loan market; HSBC Q3 pre-tax profit surges 28%
And British challenger bank Monzo has hit unicorn status.
Chart of the Week: What's dragging the growth of Islamic banks in ASEAN?
Malaysia and Indonesia are still trailing behind their GCC peers.
Chinese banks' profit rally cut short as loans turn sour
The pressure on asset quality will be heavier in 2019.
Australian banks shed $13b in assets in downsizing spree
CBA sold its asset management business for $2.9b.
Japanese banks trial blockchain technology to settle payments
Fujitsu has been tapped to develop the application.
Malaysia lowers cash transaction threshold in fight against dirty money
Hard-cash circulation has ballooned by 150% in the past decade.
Hong Kong beefs up e-wallet identity verification
Enhanced security features include two-factor authentication process.
E-wallet war heats up in Vietnam as banks join fray
Four more banks received clearance to operate e-wallet businesses.
Malaysia moves to enable money transfer via mobile number
Users can transfer money through DuitNow by December.
South Korean bank loans hit $780b in Q3
Household lending outpaced corporate loans but not for long.
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Commentary
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