Retail Banking

OCBC rolls out free online will writing service

Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.

OCBC rolls out free online will writing service

Singapore residents and citizens aged 21 and above can prepare their own wills within 10 minutes.

India's Bandhan Bank gears for $11.7b merger

The deal will create one of India’s largest rural and semi-urban lending platforms.

Singapore banks' earnings turnaround hit by steep funding costs

NIMs have inched up by 2-12 bp since 2015 even as the 3M SIBOR soared 58bp.

Chart of the Week: New Zealand proposes ambitious $9b bank capital buffers

The central bank is putting forward a prudential capital buffer of 9-10%.

China's fintech ecosystem is scaling faster than the US and Europe

Outside of China, fintechs are only able to disrupt one vertical unlike Alipay or WeChat Pay.

More than half of Hong Kong banking professionals willing to work in GBA cities

Those employed in senior management positions are the most willing to transfer.

Philippine banks' bad loan ratio to hold steady at 3.5% in 2019

Strong capital buffers can help weather volatile currency risks.

Australia's big banks profited $792m by subverting mortgage cap: regulator

The banks were accused of accomodative pricing behaviour.

Dementia sufferers catch Japanese banks off guard

Japanese residents with dementia will hold $2t in financial assets by 2030.

India's ATM industry struggles with steep compliance costs

Half of the infrastructure may close down by March 2019.

Singapore banks embark on hiring spree in fight against dirty money

As a result, IT security professionals can command up to 30% in pay hikes.

HSBC installs ‘dementia' specialist staff in Hong Kong

They will assist the elderly with their finances.

APAC banks brace for slowdown as GDP growth peaks

Loan growth will slide across the region.