Retail Banking
Should Japanese banks consider mergers to combat profit woes?
Should Japanese banks consider mergers to combat profit woes?
A shrinking population and negative interest rates are hitting banks right in the gut.
Korean banks' loan delinquency rate inches up to 0.48% in February
Newly delinquent loans outnumbered resolved ones.
Singapore banks set to co-write guide for ethical use of AI
The guide, to be developed by MAS, is targeted for completion by the end of 2018.
China Construction Bank's profit rose 9% to $6.5b in Q4
Net interest margin expanded 2.36% as credit card loans and consumption loans performed strongly.
Citibank Thailand to acquire TISCO's credit card and personal loans portfolio
The total portfolio is expected to include over $150m in receivables.
VietinBank to launch digital business matchmaking platform
It aims to provide companies with connections to expand into new markets.
Thai banks to waive digital transaction fees amidst heated e-wallet competition
However, the move is estimated to slash profits by up to 5%.
Indonesian banks' loans rose 8.2% in February
Banks are similarly targeting higher loan growth of 12% in 2018.
Philippine banks on alert following Malaysian cyberattack
The central bank cautioned local banks especially during the long holiday.
Singapore banks' loan growth hits 3-year high
Higher credit card and car loans pushed bank lending up.
Myanmar now lets foreign banks provide export financing services
Still, they are prohibited from providing basic retail transactions amidst the reform.
Bank of China Singapore revamps Family Card with improved cash rebate
Cardholders can earn up to $1,440 in cash rebate annually.
Chart of the Week: Here's a historical look at China's domestic banking assets
Claims on the corporate sector represent 36% of loans.
Weekly Global News Wrap Up: Exodus of banks in London looms after Brexit; Deutsche Bank looks for new CEO
And Wells Fargo's 4 top risk management execs to retire.
Indonesia imposes new capital surcharge for top lenders
Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.
China's big banks profits surge 4.9% to $30.5b in 2017
ICBC, CCB, and Agricultural Bank of China all posted improved profitability.
China banks expand household lending and wealth management business
Bank lending to households represent half of GDP and 82% of disposable income in 2017.