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...
Chart of the Week: Check out how loans are picking up pace in Malaysia
Industry loan growth clocked in at 4.8% YoY in April.
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.