Retail Banking

Credit Suisse sets up family office unit in China
17 May 19
The Swiss lender named Tan Mae Shen as senior specialist for family office services in APAC.
Singapore bank NIMs up 3bps in Q1
17 May 19
UOB was the only weak link as margins shrunk 5bps.
Malaysian banks flex digital muscle to catch up with Asian peers
16 May 19
Employee upskilling is also a priority to ensure that workers can keep up with digital developments.
Japanese megabanks still reeling from lower net income
16 May 19
Sumitomo Mitsui projects a net income decrease of 4% to $6.39b in 2019.
UOB to reduce reliance on Singapore
15 May 19
Nearly half or 40% of total group operating profit already comes outside Singapore.
Chart of the Week: What annoys APAC bank users the most?
15 May 19
Frozen credit cards no longer spark as much annoyance.
Weekly Global News Wrap Up: HSBC, Citi, JPMorgan amongst those facing EU fines over forex rigging: report; UniCredit gears up for Commerzbank's bid
15 May 19
And Austrian Post is venturing into branch banking.
Philippine banks' profits surge 28% in Q1
15 May 19
Strong gains from trading and lending pushed up earnings.
Chinese banks stem lending in April as debt worries rise
15 May 19
Banks extended $150.16b in net new yuan loans.
Taiwan intensifies financial consultant oversight amidst theft reports
15 May 19
Fines for thefts committed by financial consultants since 2012 hit $2.78m.
Thailand banks' loan growth to slow to 4.5% by end-2019 as mortgages take hit
15 May 19
The LTV limit of 80% on home loans will cool demand for mortgages.
Maybank Singapore targets the elderly in new integrated banking package
10 May 19
They will have access to products such as endowment and retirement plans.
Asset quality risks grow as Taiwanese banks grapple with China's slowdown
10 May 19
Delinquencies climbed in the overseas loans of cyclical sectors as well as loans to China and Southeast Asia.
Thailand embraces facial recognition tech for e-KYC
10 May 19
FR is part of the broader shift towards the smart bank branch model.
Banks caught in Beijing's risky balancing act as second largest economy stutters
10 May 19
The People’s Bank of China has launched a Central Bank Bill Swap to help banks actively lend more.
Hong Kong grants four more virtual banking licenses with Ant Financial and Tencent entering fray
10 May 19
A unit backed by Chinese insurer Ping An also scored a license.
OCBC's profit up 11% to $900m in Q1
10 May 19
Non-interest income surged 24% to $1.12b.
Citi banks on unrivalled expertise to service Asia's mobile and international millionaires
9 May 19
Affluent clients in the region can unlock sophisticated and customised investment opportunities in the U.S.
3 in 5 Hong Kongers prioritise data security over fast banking
8 May 19
Only 47% cited quick and easy banking as their top priority.
Chart of the Week: Malaysian banks' bad loan ratio down to 1.46% in March
8 May 19
Non-residential property loans were the only segment with deteriorating asset quality.
Weekly Global News Wrap Up: Barclays unveils new electronic trading platform; South African banks strengthen defense against armed robberies
8 May 19
And UniCredit Bank sells 17% stake in online broker FinecoBank.
UOB unveils online utility marketplace
7 May 19
Consumers can choose from a wide array of electricity, gas, water, broadband and TV service providers.
China cuts small banks' RRR to 8% in funding boost for credit-starved firms
6 May 19
The latest cut will unleash around $41.23b in long-term funding.
Korea trials drive-thru banking in fintech sandbox
6 May 19
Woori Bank aims to make the service available in restaurants and car parks near the airports.
Singapore may soon allow virtual banks: DBS CEO
6 May 19
Gupta, however, believed that they may not pose a significant threat.
Malaysian banks hit by lower loan demand
3 May 19
New loan applications shrunk 6% in March.
Singapore banks turn to corporates for loan boost as mortgages weaken
3 May 19
Housing loan limits granted in Q1 fell to its lowest since Q4 2015 around $5.36b.
UOB profit up 8% to $770m in Q1
3 May 19
The earning boost came from strong income figures which hit $1.77b.
Japanese bank woes to persist as ultra-low rates to last until 2020
2 May 19
The negative rates will continue to eat away at profitability.
Neurogine's Jew Kee Lim to talk about how banks can expand e-wallet reach
2 May 19
Lim hopes to illuminate how tourists can still use e-wallets beyond their home countries.
China relaxes ownership regulations further in financial opening
2 May 19
Billion-dollar asset requirements have been removed.
India zeroes in on new bank merger candidates
2 May 19
Punjab National Bank, Union Bank of India and Bank of India are possible targets.
Hong Kong bank loans up 1.1% in March
2 May 19
Loans for use inside Hong Kong rose by 1.2%.
Singapore bank loans shrink to 2.9% in Q1
30 Apr 19
Consumer loan growth slowed to just 0.3% in March.
Global Weekly News Wrap Up: Credit Suisse sued for alleged $2b loan arrangement fraud; StanChart marks recovery in $1b share buyback plan
30 Apr 19
And 300,000 users signed up for HSBC's new money management app.
UOB ties up with SGX and CCOIC to support Chinese firms
30 Apr 19
The tripartite alliance aims to help Chinese firms expand to ASEAN.
Chart of the Week: Indian banks' credit growth hit 13.2% in mid-April
30 Apr 19
Deposits grew by 10%.
DBS Q1 profit up 9% to $1.21b
30 Apr 19
Strong interest income offset declining wealth management, brokerage and investment banking fees.
Chinese megabanks hit ‘modest' profit growth in Q1
30 Apr 19
New loans reached a record amount of $862.89b.
BancNet taps Mastercard and Vocalink to enhance payments technology in the Philippines
29 Apr 19
The use of Vocalink will extend InstaPay’s reach to include government and commercial payments.

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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