Retail Banking

OCBC launches instant account opening for startups

Startups no longer have to wait for a day to have an account.

UOB profits up 8% to $1.12b in Q3

This was driven by a healthy loan growth of 8%.

Thai banks hit by sluggish growth

Earnings rose by a marginal 1% in Q3.

Australian banks may issue euro bonds to meet capital requirements

They will need to raise $34.32-41.87b worth of Tier-2 capital by 2024.

Japanese banks to undergo stress test to assess defenses: source

The banks' capital and liquidity positions will be evaluated.

How can banks WOW the next generation of wealth?

Some might still perceive millennials as a generation of teenagers obsessed with avocado toasts and fancy festivals. However, the upper bracket of...

Singapore bank headcounts rise with tech talent boosting numbers

Banking staff at Singapore’s 18 largest commercial banks grew 5.47% in the last two years.

Hong Kong cuts banks' capital buffer as protests persist

This releases an additional $25.5b into the economy.

Indonesian bank loans to accelerate 13% by 2020

Working capital and consumer loans are set to recover.

Thailand banks' Q3 profits to drop 14% as fee waiver bites

Earnings will take a hit from weak non-interest income.

Myanmar's struggling banks stall growth of car sales

Consumers and businesses find it hard to access credit amidst gaps in the financial system.

Malaysian banks hit by tepid loan growth

Loans grew by just 3.9% in August and loan applications shrunk 3.7%.

Singapore bank loans reverse slowdown in August

Loans grew 1% MoM and 5.1% YoY amidst steady expansion in business loans.

Incumbent lenders rethink business models in race against virtual banks

ZhongAn International, the company behind one of the city's virtual banks, weighs in on the opportunities and challenges ahead.

Massive mergers no fix for Indian banks' near-term challenges

Credit quality and capital shortfalls remain a key problem.