Retail Banking
Weekly Global News Wrap Up: US banks face trouble beefing up mobile base; Embattled Wells Fargo's earnings crash to $5.19b in Q2
And an Islamic banking entity with about $92b in assets may be in the works. From Bloomberg: The biggest banks’ push into mobile is running out of...
Weekly Global News Wrap Up: US banks face trouble beefing up mobile base; Embattled Wells Fargo's earnings crash to $5.19b in Q2
And an Islamic banking entity with about $92b in assets may be in the works. From Bloomberg: The biggest banks’ push into mobile is running out of...
Chinese banks new loans hit $274.91b in June
Household loans dominated monthly lending.
SIBOR set to buoy Singapore banks from slow mortgage growth
Every 10bps rise in SIBOR could offset a 1ppt slowdown in loan growth.
Myanmar steps up oversight over share acquisitions by foreign banks
Foreign investors are allowed to acquire up to 35% stake in local firms.
Australian customers embrace smaller banks as top four bear brunt of scandal
Customer satisfaction was high for mid-sized lenders like Bendigo and ING.
India's PNB aims to reverse steep downfall with one-off share sale
The bank reportedly plans on selling its stake in its housing finance unit.
Over three fourths of the Philippine population is unbanked
This translates to only 15.8 million Filipinos out of 103.3 million.
Asian Banking & Finance Awards 2018 recognises record number of outstanding companies
Over 250 trophies were awarded to winning banks and insurers.
Chart of the Week: Check out how profitable Hong Kong banks were in 2017
Average NIMs of the largest lenders from 1.43% in 2016 to 1.54% last year.
Weekly Global News Wrap Up: Mastercard in talks to launch biometric payment cards; Uzbekistan opens door to Kazakh lenders
And here's how Citi's hoping to lure deposits without opening branches.
Vietnamese banks' strong lending dampens capital raising activities
Loan growth of about 20% is outpacing internal capital generation.
Lending crunch fails to cripple Japan's mega banks as they join world's largest 20 lenders
MUFG is the ninth largest bank globally with a tier 1 capital of $153.04b.
7-Eleven stores in Thailand to start offering banking services
The convenience store operator is aiming to be a commercial bank agent.
Regulator zeroes in on misbehaving Australian banks issuing pension products
CBA and ANZ have agreed to pay a total $1.85m in community payments.
Property cooling measures threaten Singapore's healthy bank lending
UOB may bear the brunt of the fallout due to its greater property exposure.
Indian banks' loan growth up 12.84% in June
Lending to retail and SME buoyed embattled banking sector.
BPI revenues up 6.7% to $1.33b in Q4
Higher net interest income contributed to strong quarterly earnings.