Retail Banking

Philippine bank accounts up 6.8% to 57.1 million in 2017

The number of unbanked local government units also dipped to 554 from 582.

China urges banks to temper lending in January

Banks typically front-load loans early in the year.

Foreign players can now buy into Myanmar's domestic banks

They can hold up to 35% stake in local lenders.

India lifts curbs on three public sector banks as recovery looms

They have successfully met capital and bad loan requirements.

Singapore bank loans grow 3% in December

Business lending grew to 4.1% even as loans to consumers softened.

Union Bank of the Philippines profits down 13% to $140m in 2018

It fell prey to margin pressures amidst steep interest rates.

Bank of India hopes for profit turnaround in Q4

Bad loans provisions more than doubling to $1.29b dragged the bank to higher net loss in Q3.

Indonesia gears to set up mega-lender to oversee 40% of banking assets

The four state banks will be put under the holding company, PT Danareska.

Singapore banks rev up tech hiring to plug digital vacancies

A fifth of job postings are for employees with digital skills.

Singapore banks grapple with tepid margins in 2019

Net interest margins are set to rise by 3-5bp.

Chart of the Week: Thai banks ramp up lending to risky SMEs

SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.

Vietnam to put an end to cross-ownership at banks by 2020

The number of cases between direct share ownership between banks and enterprises fell to 4.

1MDB scandal fails to shake trust in Malaysian banks: survey

Banking is still the most trustworthy profession for Malaysians.

Singapore banks' loan growth to grind to a halt at 0.5% by end-2019

Mortgage loans and business-related loans are caving under pressure.