News
India to close a third of overseas public sector bank branches
India to close a third of overseas public sector bank branches
Around 70 foreign branches may be shuttered by end 2018.
Here's why the abolition of good and services tax is positive for Malaysian banks
The move might offset pressure on construction loans following the cancellation of the High Speed Rail last May.
More bailouts loom as staggering bad loans batter Chinese rural banks
State firms could end up forcing mergers or share capital injections.
South Korean banks embark on hiring spree amidst thawing Northern ties
KB Kookmin Bank is looking for a North Korean affairs specialist to support this endeavor.
Hong Kong's private banking assets hit $7.81t in 2017
More than half of total assets came from overseas locations.
Chinese banking regulator releases long-awaited draft rules for banks' WMPs
CBIRC urged banks to manage WMPs based on net value.
Singapore banks turn to China's wealthy to offset slumping stock markets
Some banks are eyeing family offices to serve Chinese entrepreneurs.
Hong Kong launches Open API framework for banks
The central bank hopes that lenders start deploying open APIs within six months.
Tightening measures are hitting APAC banks more than Basel reforms
Lenders still need to launch extensive Basel implementation plans.
Japanese banks move to halt all transactions with Iran
The move follows the exit of US from the nuclear agreement deal.
India set to inject $2b into ailing state banks
The latest capital infusion aims to enable banks to build capital buffers.
Chinese banks urged to accelerate lending as economy grinds to a halt
New credit as a percentage of GDP has plunged to a near-three-year low in June.
India needs to trim its bloated banking sector: CEA Subramanian
A healthy system has between three to five public and private sector banks.
Property curbs will hit Singapore banks hard only by 2019
Lenders have one more year of relief amidst previous approvals they drew down.
Indian ATMs and bank branches are falling short of hot demand
Rajasthan village has no banking infrastructure to serve its 5,500 residents.
Steep capital requirements may hit Asian banks holding crypto assets
Regulators are eyeing the same set of capital guidelines used for conventional assets.
Hong Kong to launch blockchain-powered trade finance platform in September
This involves the participation of the central bank and seven other lenders.
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?