Retail Banking
Big Philippine banks' profits rose 9.3% to $3.07b in 2018
Interest earnings buoyed yearly profits despite higher borrowing costs.
Big Philippine banks' profits rose 9.3% to $3.07b in 2018
Interest earnings buoyed yearly profits despite higher borrowing costs.
Hong Kong mortgage loans down 20.7% to $23.5b in December
Weakening property demand weighed on loan growth.
South Korea's property curbs cool January household loans
The growth was its lowest since November 2017.
Bank Rakyat Indonesia profit up $2.32b in 2018
Non-interest income surged 25%.
Hong Kong banker bonuses drop by a fifth as stock markets fall
Some local brokers had to make do with a lai see.
Malaysian bank loan growth drops further to 5.6% in December
Working capital, construction, home and auto loans weakened.
Taiwanese banks clamp down on Chinese exposure in hunt for fatter margins
Mainland credit exposure has dropped since Q3 2018 and is likely to remain flat in 2019.
Weekly Global News Wrap Up: US consumer loan demand takes hit in Q4; Canada housing slump prompts calls for looser mortgage rules
And HSBC is said to be cutting over 50 investment banking jobs.
Philippine bank accounts up 6.8% to 57.1 million in 2017
The number of unbanked local government units also dipped to 554 from 582.
China urges banks to temper lending in January
Banks typically front-load loans early in the year.
Foreign players can now buy into Myanmar's domestic banks
They can hold up to 35% stake in local lenders.
India lifts curbs on three public sector banks as recovery looms
They have successfully met capital and bad loan requirements.
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
Union Bank of the Philippines profits down 13% to $140m in 2018
It fell prey to margin pressures amidst steep interest rates.
Bank of India hopes for profit turnaround in Q4
Bad loans provisions more than doubling to $1.29b dragged the bank to higher net loss in Q3.
Indonesia gears to set up mega-lender to oversee 40% of banking assets
The four state banks will be put under the holding company, PT Danareska.
Singapore banks rev up tech hiring to plug digital vacancies
A fifth of job postings are for employees with digital skills.
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