Retail Banking

Thai banks set to feel pain from waived digital fees in Q2

There is an estimated 1% impact to FY18 earnings.

Thai banks set to feel pain from waived digital fees in Q2

There is an estimated 1% impact to FY18 earnings.

Indian state banks flounder amidst lack of leadership

The power vacuum adds to a growing list of woes plaguing the sector.

Weak payment culture raises credit risk of Philippine banks

The country’s financial resilience is also frail due to low-income levels.

India's Capital First receives go signal for IDFC Bank merger

This follows approval from the competition commission.

Weekly Global News Wrap Up: Wells Fargo sells 52 branches in Midwest exit; Societe Generale to pay $1.3b fine to end Libyan and US probe

And here’s why the British government sold 7.7% stake in Royal Bank of Scotland. From Reuters: Wells Fargo & Co is pulling back from retail banking...

Losses mount for Japanese banks as foreign bonds weaken

Lenders are running out of options to combat the ultra-low interest rate environment.

OCBC debuts all-digital account application

There will be no need to provide documents as it can easily link to national data repository MyInfo.

Blockbuster IPOs buoy Hong Kong loans 17.1% in April

The city is hosting the back-to-back flotations of Xiaomi and China Tower.

Philippine bank lending surges 20% to $141.95b in April

Loans to wholesale and retail trade rose 22.7% to $19.43b.

2018 Retail Banking Forum concludes 4-city road show in Bangkok

More than 90 delegates from Thailand's major banks graced the event.

Embattled ANZ faces criminal cartel charges

The bank is grappling with a $2.3b share issue alongside underwriters Deutsche and Citigroup.

Thai bank loans up 4.7% in Q1 as SME lending strengthens

The monthly growth was led by lending to the food and energy sectors.

Myanmar to grant license to 4 private banks

The move is the latest in the government’s push to liberalise the financial sector.

CIMB debuts one-minute car financing approval feature

A notification via text and email is delivered to the customer upon approval.

New accounting standards pose risks to Singapore banks' profitability

Lenders face higher credit reserve requirement under the FRS109.

UOB rolls out monthly ‘digital clinics' to help businesses digitise

Tech experts will provide companies with tailored digital strategies to improve productivity.