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.
Weekly Global News Wrap Up: EU regulator rejects calls for lower capital rules; Colombia must pay $61m to banks involved in Odebrecht project
And a regulator in South Africa slapped a fine on an Indian bank.
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.
Taiwanese banks struggle with muted profit outlook
ROAA from 2016-2018 stood at 0.6%.
China tightens ownership rules of unlisted banks
The move comes after the takeover of Baoshang Bank.
US dollar deposits accounted for a third of Singapore's total bank deposits in March
USD deposits rose at a CAGR of 20% over the past nine years.
International banking heads take home highest salaries in Singapore's financial sector
The average base monthly salary for this role can hit $24,000.