Singapore
Over 4 in 5 of Singapore’s affluent middle class rely on banking apps: report
The pressure is on banks to roll out loyalty incentives.
OCBC’s NPL to crumble further in H2 on back of O&G exposure
Its Q2 spike will be short-lived.
CIMB unveils "the world's smallest bank branch"
It mimics the experience of visiting a physical bank branch.
How Asian banks are fighting fraud with big data and analytics (Part 1)
Revenue and reputation are at stake.
Will Singapore banks survive another global economic crisis?
Stress tests are increasingly important, regulators say.
DBS pilots cloud-based productivity tool for employees
It plans to cover all 22,000 employees by year-end.
Asian central banks brace for Brexit fallout as markets wobble
Regulators are prepared to inject additional liquidity.
Singapore makes RMB investments part of official foreign reserves
There is growing international acceptance of the RMB.
Staying profitable will be "nearly impossible" for Asian banks, says McKinsey
A trio of threats hangs over regional lenders.
Thailand gears up for cashless society with launch of PromptPay
It will go live in mid-July.
Singapore, Australia ink deal to help fintechs go global
Licensing timelines will be streamlined.
Deutsche Bank’s Asia-Pacific CEO Gunit Chadha quits
His resignation is effective on July 17.
New land tax feared to erode Thai banks' earnings
Loan loss recovery will take a hit.
Landbank rolls out innovative expansion strategy to reach unbanked Filipinos in far-flung areas
It's banking on a nationwide caravan to clinch more deposits.
Singapore's central bank sets up dedicated anti-money laundering department
It will also step up enforcement.
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