News
Japanese banks join cashless revolution in digital shift
Japanese banks join cashless revolution in digital shift
This follows a regulatory change facilitating third party access to accounts and data.
Construction firms' on-time payments boost Singapore banks
NPL ratios tied to the construction sector were 0.2%-0.8% at year-end 2017.
Higher loans buoy profits of Chinese state banks in Q4
ICBC, CCB, and ABC achieved the strongest expansion in net interest income.
Negative interest rates batter small Japanese banks hard
Bad loan ratio stood at 1.8% in September 2017 versus 0.7% for massive banking players.
Malaysian banks shrug off debt to buffer against market shocks
A decline in high-risk consumer loans prompted weaker household debt growth in 2017.
Can Vietnam halt the exponential growth of its bad debt?
VAMC was able to resolve 27.9% of NPLs it purchased in 2017.
Thai banks bear the brunt of lower SME lending rates
TMB and KBANK are poised to suffer the most should they opt to accommodate SMEs.
Can Islamic fintech gain momentum in Malaysia?
Analysts believe in the sector's growth potential to buoy loan growth in the next five years.
China's big banks turn to short-term financing to offset deposit woes
Issuance of negotiable certificates of deposit ballooned to $68b in Q1.
Higher operating costs loom over Philippine banks in 2018
Investments in necessary IT infrastructure are setting local banks back.
Singapore banks' 3-month SIBOR up 1.51% at end-March
Fixed deposit rates from Singapore banks rose concurrently by 17-30 bps.
Hong Kong banks' loan growth poised to crash to 14% in 2018 as property prices falter
Cooling measures are kicking into effect in the city's heated housing market.
Total deposits in Hong Kong down 0.8% in February
Further decline was offset by high savings and time deposits.
Chart of the Week: Check out the composition of Malaysian bank deposits from 2016 to 2017
Deposits grew 4% YoY in 2017.
Weekly Global News Wrap Up: Barclays to pay $2b fraud fine; Should Deutsche Bank reduce its US business?
And US Treasury supports easing raps on banks not lending to the poor.
How can Thai banks cushion the cost impact from waived digital fees?
Fee waivers could cost the banking system as much as $288.45m in foregone revenue.
Scaling down: Australian banks are pulling out from Asia
CBA is tapping on advisors as it mulls the sale of its Indonesian life insurance business.