News
Weekly Global News Wrap Up: Mexico's banks misplaced about $20m in e-transfers; Deutsche Bank waves off Asian exit rumors
Weekly Global News Wrap Up: Mexico's banks misplaced about $20m in e-transfers; Deutsche Bank waves off Asian exit rumors
And it's a bad Q1 for German lender Commerzbank as profits drop 12%.
Chart of the Week: Check out the breakdown of Thai banks' bad loans
New NPL formation dropped to 66.4% of total bad loans in 2017.
Vietnam's loan growth beats new year slump after rising 5% from January to April
The government is doubling down on the country’s bad debt.
Australian bank inquiry could cut 8% of the country's finance jobs
Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.
Non mortgage loans dominate Korean bank lending in April
The government’s efforts to tighten home-backed lending appear to be paying off.
Japanese banks reportedly mulling joint ATMs to cut massive losses
Declining loan demand is squeezing the profits of the country's lenders.
Indonesia eyes tighter fintech regulations to curb loan shark activity
Fintech firms will be compelled to be registered with authorities.
Bad loans bog down Indian state banks with $1.4b loss in Q4
The banking sector is saddled with a massive $210b in problematic loans.
Number of Taiwanese bank branches plunge to five-year low in 2017
This translates to 3,417 branches still in operation.
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.
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?