Retail Banking

Indonesia imposes new capital surcharge for top lenders

Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.

China's big banks profits surge 4.9% to $30.5b in 2017

ICBC, CCB, and Agricultural Bank of China all posted improved profitability.

China banks expand household lending and wealth management business

Bank lending to households represent half of GDP and 82% of disposable income in 2017.

Korean banks net income rose 23.9% to $807m in 2017

Cash inflow from overseas business in China ballooned 389.3% to $110.9m.

DBS to hire future-ready tech talents via hackathon

The Hack2Hire programme will hire up to 100 qualified candidates.

OCBC's tech investments poised to boost growth prospects

Its in house AI unit is set to improve operating efficiency.

More than 70 delegates graced the Retail Banking Forum 2018 in Jakarta

The forum focused on digital transformation and emerging technologies.

9 in 10 Singaporeans want to use fingerprint and facial recognition in banks

Only 1 in 5 are currently using the technology in banking services.

Standard Chartered realigns commercial banking, private banking, and wealth reporting lines

This follows Anna Marrs' decision to leave the group in September 2018.

DBS to launch retail electricity online platform in April

DBS Electricity Marketplace will enable 108,000 households to apply for energy plans.

Experienced foreign banks are thriving in Taiwan

The country's competitive loan market is opening new doors of opportunities.

BEA launches "Super-Fast" loan application platform

Customers can now use eKYC technology to obtain funds as quickly as one day.