Retail Banking
Asian banks rev up fintech partnerships to keep China's tech titans at bay
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
Asian banks rev up fintech partnerships to keep China's tech titans at bay
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
Japanese banks tie up for QR code payment service
A trial will begin in October 2019 with full launch slated by April 2020.
Vietnamese banks' capital shortfalls triggers bond issuance frenzy
BIDV has approved the issuance of 400,000 bonds to raise $170.5m.
Korean banks shun traditional business as population ages
The share of non-bank assets hit 20.3% from 14.5% in 2013.
Lower capital G-SIB requirements loom for Chinese megabanks amidst shadow banking crackdown
CCB’s extra CET1 requirements fell to 1% from 1.5%.
Will Philippine banks' rapid lending activities drain capital?
Funding will also tighten as banks ramp up credit extensions.
Weekly Global News Wrap Up: US banks' profits hit $62b in Q3; FSB unveils global list of systemic lenders
And here's why Societe Generale is shelling out $1.4b.
Chart of the Week: Taiwanese banks' capitalisation hit 11.4% in H1
This is above the prescribed tier 1 capital ratio of 8.5%.
Philippine thrift banks reverse loss with Q3 $235.64m profit gain
Net interest income hit $890.79m.
Vietnamese banks cash in on $44b consumer finance market
The pivot to retail has boosted NIMs, loan growth and operational efficiency.
Singapore unveils framework to enhance payment services regulation
It will regulate systemically important payment systems and focus on retail payment services.
Taiwanese banks move to plug money laundering shortfalls
There were insufficient safeguards in their offshore banking units.
South Korean banks take a breather from rapid expansion plans
Lenders will focus on domestic exposure to SMEs and households.
Small Chinese banks struggle to strike balance between curbing risk and lending
Megabanks have easier access to funding and have more stable asset quality.
Chart of the Week: Chinese bank settlement fees fall as nonbanks steal share
However, the downtrend is likely to stabilise soon.
Weekly Global News Wrap Up: Greece cracks down on $47b bad debt burden; HSBC Africa fined $1.1m
And foreigners can now own up to 25% of Abu Dhabi Islamic bank.
Thai banks' Q3 loan growth up 6.4% as consumers snap up credit
Consumer loans outpaced industry average at 8.4%.