Retail Banking

Korean banks' 2019 profit to slow to $8.66b as home loans take hit

Residential property prices have been losing momentum.

Korean banks' 2019 profit to slow to $8.66b as home loans take hit

Residential property prices have been losing momentum.

TMB-Thanachart Bank merger to secure approval by end-January: official

The government approved tax incentives last year to ease consolidation.

Malaysian bank mergers unlikely to take place in 2019

Lenders still have to work on improving ROEs first.

Chinese commercial banks bad loan ratio hits 10-year high in 2018

Total non-performing loans hit $296.52b (CNY2t) in December.

Philippine bank loans grow 16.8% to $155.85b in November

This represents a slower growth rate compared to October.

Hong Kong banks' 2019 loan growth cut to 2% as trade and mortgage loans take hit

Lending to Mainland firms has been trending downwards to 6.1% in September 2018.

Philippine Business Bank merges with Insular Savers Bank

The deal facilitates PBB’s entry into the microfinance space.

Philippine banks scramble after Korean shipbuilder default

The country’s five biggest banks have a $412m loan exposure.

Malaysian banks hike salaries by up to 12% for 20,000 employees

Banks also have to grant 0% interest for the first $24,414 in staff housing loan.

UOB renews bancassurance deal with Prudential for 15 years

The bank will continue to the latter's products in five Asian markets.

Looming loan slowdown threatens Malaysian banks' 2019 earnings

Lending is tipped to moderate to 5.1% in 2019 from 5.6% in 2018.

Chart of the Week: Singapore bank revenues may rise 9% in 2019

Loans and balance sheet leverage will be the growth drivers.