Retail Banking

Malaysian banks earnings slipped 0.5% in Q1
13 Jun 19
The sector’s pre-provision operating profit is at its lowest since Q1 2017.
Chinese banks' loan growth up 15% to $170.7b in May
13 Jun 19
It was lower compared to the $180b worth of new loans expected by analysts.
Chart of the Week: Here's where Japanese banks' shrinking loan balances are hitting harder
11 Jun 19
More than half of lenders based in Chugoku, Koshinetsu, Shikoku and Tohoku earned less revenue.
Which Asian banks have the freest credit line for POEs?
11 Jun 19
China is lagging behind with share of POE bank loans just at 26%.
Global Weekly News Wrap Up: Wells Fargo to shell out $386m to customers; JP Morgan kills mobile banking app a year after launch
11 Jun 19
And banks in the EU have paid $24.2b to central bank since 2014.
China launches risk hedging tool to ease jitters after Baoshang Bank takeover
11 Jun 19
It is offered to investors in the $289m worth of six-month certificates of deposit.
DBS is betting big on India
10 Jun 19
By refusing to ditch the physical bank branch and prioritising the improvement of its mobile offerings, DBS has fully embraced the phygital...
Philippine banks boost tech in push for financial inclusion
10 Jun 19
Lenders are offering digital loans for farmers, a 10-minute paperless account opening process, and money transfers through mobile numbers.
Are Indonesian banks' digital journeys paying off?
10 Jun 19
Lenders are introducing self-service lounges, cardless withdrawals and biometrics to grow their millennial client base.
Korean banks step up game to lure baby boomers
10 Jun 19
KEB Hana will create a taskforce to focus on premium pension products.
Singapore banks' bad loan ratio to hit 1.7% by 2020
7 Jun 19
Blame higher delinquencies from SMEs and non-financial firms.
QR payment deployment boosts DBS' SME cashless transactions by 70%
7 Jun 19
It only launched the feature four months ago.
Japanese lenders team up with global banks for blockchain-based digital coin
6 Jun 19
It will be used to speed up overseas money transfers.
Open banking could uplift Australian banks
4 Jun 19
The big four banks will be required to make data available for transactions by February 2020.
Here's why Indian shadow banks are looking overseas
4 Jun 19
They have already clinched more than $2b worth of overseas bonds and loans in 2019.
Chart of the Week: Check out Vietnamese banks' return on average assets
4 Jun 19
It lags behind the Philippines and Indonesia.
Weekly Global News Wrap Up: JPMorgan faces deposit growth slowdown; Estonia to expedite crackdown on Europe's $230b dirty money scandal
4 Jun 19
And PayPal injects $11m in Swedish financial startup Tink.
Singapore banks' loan growth slows further to 1.37% in April
3 Jun 19
Housing loans fell to a three-month low at $202.76b.
Thailand eyes integrating biometrics into account openings by Q3
3 Jun 19
Exits for the trial period of the service could start in Q3 2018.
Maybank's Q1 net profit down 3.20% to $430m
3 Jun 19
Its Singapore unit was hit by a loss before taxation of $19.05m.
Tougher mortgage rules await smaller Korean banks
31 May 19
The scheme is an attempt to help stabilise home prices.
Taiwanese banks eye shorter banking hours as more clients opt for online banking
30 May 19
A number of branches by Taiwan Business Bank will close an hour-and-a-half minutes earlier.
Chart of the Day: Japan banks' profitability still lag behind G7 peers
29 May 19
The sector’s return on assets hit 0.4% in H1 2018, below 1.2% in the US and over 0.8% in Australia.
Weekly Global News Wrap Up: German banks need $5.9b additional capital buffer; Citigroup ditched Apple Card partnership talks: report
29 May 19
And UniCredit eyes to sell $5.6b worth of bad loans.
China's first bank seizure in decades highlights growing small bank risk
29 May 19
State-owned CCB will ba taking over the business of Baoshang Bank.
Indian banks maintain strong earnings momentum in Q4
28 May 19
Year-end interest income rose 15.6% amidst sustained credit recovery.
Bank of East Asia chief executive David Li to retire
27 May 19
His sons, Adrian David Li Man-kiu and Brian David Li Man-kiu, will pick up in their father's stead.
Singapore banks brace for higher risk weighted assets
27 May 19
RWAs could increase by 25% by 2022 and 80% by 2027.
Chinese regulators to take over regional lender Baoshang Bank
27 May 19
The regulators identified serious credit risks.
Singapore banks' fixed deposit rates to maintain sustained easing
24 May 19
FD rates have already started tapering off in April.
India makes headway with public bank mergers
24 May 19
India is reportedly aiming to merge Punjab National Bank with up to three other banks.
HSBC to add over 1,000 China tech jobs
24 May 19
It will boost headcount at Guangzhou, Shanghai and Xi'an by 14% from the current 7,000.
ING unveils digital bank in the Philippines
24 May 19
It offers 2.5% interest rate on savings.
Singapore sets up banking conduct committee
23 May 19
It will serve as a platform for banks to self-asses and update industry codes of conduct.
Chart of the Week: Global ATM numbers drop for first time as China, India and Japan shun cash
22 May 19
The growing popularity of mobile payments is partially to blame.
Citibank appoints Brendan Carney as Singapore CEO
21 May 19
He was previously the consumer business manager (CBM) for South Korea.
How Thai lenders are building the bank branch of the future
20 May 19
Paperless applications and facial recognition tech for eKYC are key components.
Japanese megabanks' annual profits fall as ultra-low rates take toll
20 May 19
Mizuho's profits plunged 83% to $877m.
Which Singapore bank pays its staff the most?
20 May 19
This lender enjoys higher income from its institutional banking and treasury markets units.
Singapore banks stand strong against bad loan wave in Q1
20 May 19
The formation of new bad loans in Q1 was the lowest in five years.

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Events Calendar

Jul 18
ABF Wholesale Banking Awards 2019
Singapore
Jul 18
ABF Retail Banking Awards 2019
Singapore
Jul 18
ABF Corporate and Investment Banking Awards 2019
Shangri-La Hotel Singapore
Aug 28
ABF Digital Payments Summit 2019
Hotel ICON, Level 1, Silverbox Ballroom 1-3, 17 Science Museum Rd, Tsim Sha Tsui, Hong Kong
Oct 22
ABF Digital & Open Banking Conference 2019, Singapore
Singapore
Nov 19
ATMIA Asia ATM Innovation & Security Congress 2019
Shangri-La Hotel, Kuala Lumpur, Malaysia