Retail Banking
TMB Bank profits up 9% to $72.44m in Q1
Net fee income, which surged 35%, buoyed quarterly earnings.
TMB Bank profits up 9% to $72.44m in Q1
Net fee income, which surged 35%, buoyed quarterly earnings.
Weekly Global News Wrap Up: UBS wealth management underperforms in Q1; Embattled Wells Fargo faces shareholders and protestors
And Nigeria’s central bank has injected $210m into the interbank foreign exchange market. From Reuters: Swiss bank UBS disappointed investors on...
Chart of the Week: Check out which countries have the largest unbanked populations
Two Asian countries snagged the top two spots.
OCBC loan growth poised to hit 7.9% in Q1
Strong corporate demand especially in real estate and hospitality industries are poised to drive growth.
Bank account ownership in India surges to 80%
The Jan Dhan Scheme has brought an additional 310 million people into the banking system.
MUFG appoints Janice Chua as managing director and head of Asian operations division
MUFG Bank has appointed Janice Chua as managing director & head of Asian Operations Division (AOD).
India's banking woes dampen economic outlook
The banking sector is saddled with $210b in problem loans. Bloomberg reports that India’s chronic bad debt problem has spiraled beyond the control of...
Hong Kong banks scrap fixed-rate mortgages as interbank lending rates surge
HSBC and BOC have stopped offering the popular loans whilst ICBC will stop on May 1.
Amazon's big plunge into banking
Banks that focus on customers over products have the best shot at standing up to Amazon's juggernaut when it steams into their market.
Indonesia makes headway in curbing its unbanked population
Almost half of adults now have a bank account, up from a fifth in 2011.
Will the looming property slowdown set back Hong Kong banks?
Loan growth is expected to slow in 2018.
APAC banks grapple with growing property risks: Fitch
Rising property loans and household indebtedness may pose problems for banks’ balance sheets soon. Higher levels of property exposure are raising the...
New reporting standards to aid China's shadow banking crackdown
IFRS 9 will support Beijing’s bid to curb credit growth and balance sheet consolidation.
MAS tightening to bolster Singapore banks' performance
Banks are set to benefit from rising loans which grew 10%, as well as higher SGD and USD interest rates.
Which APAC banks need to brace for IFRS 9 impact?
Find out which banks may face difficulty amidst a lack of long-run historical data.
Can Hong Kong banks meet IFRS 9 requirements on time?
Profitability may be hit amidst higher provisioning prerequisites.
The biggest challenges Southeast Asian banks are facing today
Banking executives today not only have to deal with running the bank, but also transforming it to grow in a sustainable manner. Banks have to balance...