Retail Banking
Former HSBC Philippines CEO Jose Arnulfo Veloso to be appointed as PNB chief
He will replace Reynaldo Maclang who’s retiring by November.
Former HSBC Philippines CEO Jose Arnulfo Veloso to be appointed as PNB chief
He will replace Reynaldo Maclang who’s retiring by November.
Chinese banks' asset pool hits $37t in July
Asset growth picked up at a faster pace on an MoM basis.
South Korea's big banks poised to hit year-end offshore profit record
This would mark the first time the KRW1t ($897.5m) mark has been breached.
China Construction Bank sells 27 rural lenders to BOC
The village banks failed to generate significant contribution to their parent bank's bottomline.
Philippine big banks half-year profits up 7.7% to $1.45b
The combined assets of the banking sector also hit $301.58b.
RHB Bank to roll out digital loan application platform
It has tapped on fintech iMoney and credit information bureau RAMCI.
Japan's competition watchdog approves merger of Nagasaki banks
Fukuoka Financial Group and Eighteenth Bank are expected to merge in April 2019.
China scraps foreign ownership limits on banks
Foreign stakes were previously capped by up to 25%.
Why risks remain for Asia's top banks
Asia’s banks have been in a sweet spot this year: operating performances, asset quality, and credit quality are all relatively stable, and...
South Korean banks to launch North Korean financial products
Kookmin Bank has unveiled a trust fund for families separated by the border.
Close Chinese ties raise Hong Kong banks' compliance risk
The SAR already faces medium-high money laundering risk.
China urges banks to ramp up government bond purchases
Regulators may scrap the 20% reserve requirement.
DBS and Singtel team up to boost e-marketplace for SMEs
They aim to instantly connect SMEs to an e-commerce platform onboard the 99%SME site.
AMBank profit up 5.9% to $84.93m in Q1
Expenses fell 7% to $125.19m amidst the bank’s efficiency programme.
Weekly Global News Wrap Up: Greek banks' bad loan exposure nearly half of GDP; Canada banks can expect 10% Q3 profit gains
And FBI has notified US banks of a looming cyberheist.
The full-fledged recovery of India's banks hinges on privatisation and mergers
Overseeing 21 public sector banks has proven too difficult a task for the government.
Growing bad loan burden dims Chinese banks' H1 profit outlook
Profits of the country’s top five banks are expected to rise around 4.7% to 7%.