Retail Banking
Vietnamese banks gun for greater market share of consumer finance pie
The local market is expected to be worth $44b by 2020.
Vietnamese banks gun for greater market share of consumer finance pie
The local market is expected to be worth $44b by 2020.
Singapore introduces new reporting standards for banks
It will require data collection of RMB business activities and deposit rates to be rationalised.
Can succession business lift Japanese banks out of their earnings slump?
Regional banks may lose about 60% of inheritance funds.
Bad loan cleanup push Chinese banks profits up 5.1% to $242.03b in 2017
The weighted average NPL ratio dropped from 1.65% in 2016 to 1.55% in 2017.
Singapore private banking bonuses up by as much as 7% in 2017
Bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares.
Amol Gupte reveals how Citi takes the fintech revolution as a positive disruption
The bank facilitates co-creation with fintechs which helped bag seven consecutive quarters of revenue growth in Asia Pacific.
New financial reporting standards will not materially impact Malaysian bank assets: Moody's
MFRS 9 actually represent strengthened credit practices due to higher provision requirements.
Chinese banks turn to retail amidst tighter scrutiny in wealth
Operating income from the retail arm accounted for 37.56% of total bank income in 2017.
Fraud-hit PNB hammered by largest ever quarterly loss for an Indian bank
The state lender reported a $1.98b loss as it books provisions to cover a massive fraud.
MUFG weathers lacklustre lending gains after 2017 profits rose 6.8% to $8.98b
Lower bad loan expenses and gains from equity holdings buoyed earnings.
Maybank names John Chong as new group CEO of community financial services
He will replace Datuk Lim Hong Tat who will retire on 18 July 2018.
Property pickup buoys Singapore banks' glowing growth prospects
Housing and bridging loans are expected to receive a boost from the price boom.
Banks are at the forefront of Singapore's future-ready upskilling charge
OCBC recently rolled out a massive $20m upskilling programme.
Weekly Global News Wrap Up: Mexico's banks misplaced about $20m in e-transfers; Deutsche Bank waves off Asian exit rumors
And it's a bad Q1 for German lender Commerzbank as profits drop 12%.
Federal Bank profits plunge 44% to $21.48m in Q4 as corporate loans turn sour
Bad loans inched up to 1.7% in Q4.
ICICI slippages hit $2.28b in Q4 as stress loans moved into NPLs
However, the bank is nearing its asset quality downturn and improvements are in sight.
CFO Rob Jesudason leaves CBA
He is the fifth executive to leave the embattled bank.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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