Retail Banking
Singapore banks register highest loan growth in three years
Singapore banks register highest loan growth in three years
Loans expanded 7.6% year-on-year in June.
UOB loans expected to grow 4.5%
This will push net interest income to grow 8%.
UOB's net profit rises 5.5% to $845m
The strong loan growth contributed to its earnings.
OCBC net profit up 22% to $1.08b
Its wealth management and insurance operations were stellar performers.
Weekly Global News Wrap Up: US banks close to breaking profit record; British banks to be required publish data every quarter
And find out how US regional banks are taking on Wall Street.
Kasikornbank's earnings down 12% to US$269m in Q2
Blame it on the 16% increase in provisioning expenses.
Public Bank's profit up 6% to US$310m in Q2
This brings the bank's profit to US$602m in the first half of 2017.
Chart of the Week: Check out Malaysian banks' loan growth in the past 10 years
Industry loan growth stands at 2.8% on an annualised basis.
Australian banking sector to come under review
It will be lead by King & Wood Mallesons partner Scott Farrell.
China banks' assets up 11.4% to $35.04t as of end-June
Liabilities also rose 11.3%.
Singapore: 1 in 5 customers want to ditch their main bank
They hate the long waiting time for just a single transaction.
DBS at risk of 10.8% profit drop in Q2
Analysts think receding fees would be the likely cause.
Why Siam Commercial Bank's NPL situation is better than its peers'
Only SMEs saw NPLs rose to 7.2% in Q2.
Bangkok Bank's provisioning expenses up 60% to US$342m
Credit cost is expected to remain elevated.
Higher SIBOR to spur growth in Singapore banks' interest income
At the end of June, 3-month SIBOR has risen to 1.115%.
China commits to tighten financial regulatory oversight
The current fragmented framework makes it more difficult for regulators to monitor banks.
PayCommerce's Abdul Naushad to discuss the evolution in the payments space
He will talk about the next generation in global transaction banking at the 2017 Banking Forum.
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