Retail Banking

How banks in Malaysia are keeping up with the digital shift

How banks in Malaysia are keeping up with the digital shift

Striking the balance between mobile and online offerings as well as physical branches is key.

Maybank Singapore's strategy to drive wealth management costs down

The bank is enhancing its digital capabilities beyond portfolio reviews to support a growing number of online transactions.

Philippines' Security Bank sells 50% stake in consumer finance business to Thailand's Krungsri

The two lenders will jointly explore collaboration in personal and motorcycle loans.

Tech upstarts woo locals as Singapore retail banking customer satisfaction falls

65% are interested in opening digital bank accounts, up from 52% in the previous year.

Indonesia moves to ease bank merger rules

It would relax the requirement for acquiring banks to merge local operations into one entity.

Malaysian e-payment transactions nearly tripled in 2018

It hit 125 transactions per capita last year.

Internet-only banks threaten to wipe out Taiwanese bank earnings

Lenders already have margins that fall behind that of Hong Kong, China and South Korea.

Singapore banks face risk of rising credit costs as bad assets mount

Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.

Malaysian bank earnings growth to slow to 1% as loans falter

Loans continued to trend downwards in June, falling 4.2%.

Thai banks' credit growth falls to 1% in H1 as demand wanes

Retail loan growth fell to 3.1% as auto sales and mortgage growth stumble.

Chart of the Week: Singapore's virtual banks can't rely on the branchless advantage for long

Facilities costs as a proportion of incumbent lenders' assets is only 7bps compared to 103bps.

iFAST eyes Singapore virtual banking license

The move will expand its service scope to include e-payment and lending.

China tightens ownership rules of unlisted banks

The move comes after the takeover of Baoshang Bank.