Retail Banking
Pandemic's impact on APAC banks to stay ‘longer than expected': Fitch
Pandemic's impact on APAC banks to stay ‘longer than expected': Fitch
Downturns will be steeper than a normal cyclical downturn and stay until 2021.
Singapore lenders to report healthy Q1 loan growth as firms amp liquidity
But credit charges are expected to rise further.
Weekly Global News Wrap: Tech issues hamper US banks' bid for $310m small firms aid; EU floats relief to support extra lending
And Allianz inks bancassurance deal with BBVA.
Krung Thai Bank's Q1 net profit slips 17% YoY to $187m
Higher provisions against rising NPLs triggered the fall.
HSBC's Q1 profit halved to $3.2b
Weakening oil prices hurt the bank.
Chinese banks post net profit, operating income growth in 2019: report
Sample size was equivalent to 71.37% of total assets and 76.77% of net profit.
Hurdles ahead for Thai banks as Q1 profit drops 13%: analyst
Loan demand and NIMs are under threat because of the pandemic.
Viet banks to shoulder economic shock
The central bank has ordered banks to extend debt relief to affected borrowers.
Weekly Global News Wrap: World's ten largest banks sued for rigging US bond market; Banks want Europe to mimic US capital easing
And Credit Suisse gets approval to take a majority stake in a Chinese investment bank.
Citibank Hong Kong launches special personal loan
Clients can apply for loans up to $30,000.
Singapore regulator urges clients to refrain from visiting financial firms
They are encouraged to use digital channels for their financial needs.
Singapore's big three banks to average 38% fall in Q1 earnings: analyst
Margins are expected to shrink 6-10 bps compared to Q4 2019.
Impact of COVID-19 on Indian Banks in the Near-Term
The COVID crisis has resulted in an unprecedented disruption to the economic activity, and will lead to major changes in operations of most industries...
A third of Malaysians will have digital-only bank accounts by 2025
About 4.7 million adult locals currently have a digital-only account.
Malaysian banks stick with dividend payouts
The regulator has yet to order a delay in doing so.
DBS to hold annual general meeting digitally on 30 April
It will focus on the agenda indicated in the original 9 March notice.
MUFG names new head of transaction banking for East Asia
Belinda Han previously worked for Standard Chartered Hong Kong and HSBC China.
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