News
Vietnam intensifies crackdown against bad debt
Vietnam intensifies crackdown against bad debt
Bad loan ratio fell from 2.46% in December 2016 to 2.09% in June.
India starts moving to merge debt-ridden state banks
The government has asked the central bank to prepare a list of merger candidates.
Chinese banks shun in-house tech as they turn to Alibaba and Tencent for help
Nearly all mid-sized and commercial banks have tied up with the three tech titans.
Indian banks urged to have cyber insurance
Smaller banks have insufficient coverage which does not cover cyber heists.
Chinese big banks beat bad loan cloud as half-year profits rise
Agricultural Bank posted the largest earnings growth so far.
Google ties up with Indian banks to launch digital loan solutions
It aims to offer instant pre-approved loans to its app users.
Chart of the Week: Which country dominated Asia's cashless charge?
Mature economies like Hong Kong, Singapore, and Korea are leading the way.
Weekly Global News Wrap Up: German banks may heighten senior preferred bond sales; US moves to rewrite low-income lending rules
And two Kazakh banks just had their licenses revoked.
Will Singapore banks' digital home loans rattle incumbent proptechs?
OCBC has already scored $200m worth of home loans from its digital solution.
Vietnam cracks down on Chinese mobile wallets
Banks are not officially connected to WeChat, making it illegal in the country.
Chinese banks' asset pool hits $37t in July
Asset growth picked up at a faster pace on an MoM basis.
Singapore's big banks are on a buying spree as share buybacks hit $116.5m
DBS led the pack after buying 2.95 million stocks bought for $74.79m.
RHTLaw Taylor Wessing's Benjamin Szeto to discuss how the ultra-rich can monetise lifestyle assets
He will also tackle possible legacy planning approaches art collectors may adopt.
South Korea's big banks poised to hit year-end offshore profit record
This would mark the first time the KRW1t ($897.5m) mark has been breached.
Philippine big banks half-year profits up 7.7% to $1.45b
The combined assets of the banking sector also hit $301.58b.
China scraps foreign ownership limits on banks
Foreign stakes were previously capped by up to 25%.
South Korean banks to launch North Korean financial products
Kookmin Bank has unveiled a trust fund for families separated by the border.
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