Retail Banking
Bank Rakyat Indonesia poised for double-digit earnings growth
Potential savings between $217m to $363m could buoy the bank from a three-year decline.
Bank Rakyat Indonesia poised for double-digit earnings growth
Potential savings between $217m to $363m could buoy the bank from a three-year decline.
Chinese banks may ramp up lending amidst $63.62b additional liquidity
Reserve requirement ratio for big commercial banks will be lowered from 17% to 16%.
Weekly Global News Wrap Up: Blockchain may hammer Swiss banks; US banks can cash in on higher Libor
And it's the start of a good year for BofA as profits rose 34% in Q1.
Chart of the Week: How open is Asia to branchless banks?
Approximately 55-80% of customers are considering opening an account in a digital-only bank.
Nearly 8 in 10 Singaporeans open to branchless banking
It helps that digital banking penetration in the lion city is high at 97%. Nearly 8 in 10 banking customers in Singapore admitted that they would...
Smartphone banking booms in Asia as digital penetration expands threefold
Mobile banking has grown at least twofold in Emerging Asia to outpace other e-banking types. Smartphone banking is on the rise in Asia as it has...
Singapore banks' bad loans are on the rise
Aggregate NPL ratio of local banking groups rose from 0.4% to 1.6% in 2017.
Kotak Bank zooms past SBI to stand as India's second most valuable lender
Its $33.84b market cap beats the state-bank by a mere margin.
Cathay Financial scraps deal to acquire Malaysian assets of Canada bank
The deal reportedly cannot be closed before the deadline.
Indonesian banks' loan growth poised to hit 8.3% in Q1
Manufacturing loans, which accounts for a lion's share of credit, is expected to register sluggish growth.
Mortgage lending buoys China Construction Bank's home advantage
It accounted for 31.4% of CCB’s total loans and 81.7% of personal loans.
Citi Asia Pacific's profits soars 48% to $1.24b in Q1
It accounted for more than a fourth (26%) of the group’s global profits.
Regulator punishes 7 Taiwanese banks embroiled in loan scandal
Over 50 senior bank managers have been reportedly demerited.
Can India ease its bad loan woes before another banking scandal erupts?
The recovery loan on defaulted loans in the country are at a dismal 26%.
Citi names Angel Ng as Citi head for Hong Kong and Macau
She will be a member of the Citi Asia Pacific operating committee and will report directly to Francisco Aristeguieta, CEO of Citi Asia Pacific.
Bad debt burden delays Basel III adoption in Indian banks
The leeway would give banks much-needed time to raise more capital.
Singapore amongst the most open to digital banking
Almost half believe non-banks provide better assistance than traditional banks.