News
Vietnamese banks eye offshore capital to meet Basel II regulations
Vietnamese banks eye offshore capital to meet Basel II regulations
Tien Phong Commercial Joint Stock Bank could seal Vietnam’s first USD-denominated note issuance.
Japanese regional lenders tie up to combat low interest rate environment
Bank of Yokohama and Chiba Bank’s agreement include retail banking, database marketing and M&As.
Taiwanese bank branches drop to eight-year low in May
Banks have yet to apply for an application to open a new branch since the start of the year.
Malaysian banks' core net profit fell 2% in Q1
AMMB’s net profit crashed 36%.
Hong Kong's laid off banking expats struggle to find jobs
Expats may turn to lower-paying options following Deutsche and Nomura's job cull.
Virtual banks may only account for less than 1% of Singapore loan market by 2022
Retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.
Korea resumes applications for third internet-only bank
Rejected applicants Toss Bank and Kiwoom Securities are welcome to re-apply.
Chart of the Week: Can households buoy Malaysia banks' loan growth?
The sector makes up 5.7.8% of the total loans.
Weekly Global News Wrap Up: Societe Generale reportedly eyeing to sell UK private banking arm; Wells Fargo slapped with $6.61m fine in Ireland
And bank licensing boom hits South Africa.
How GoBear makes financial comparison easy for the everyday consumer
Its platform matches users with financial products like insurance, credit cards, and trade finance.
Banks cash in on Vietnam's micro-consumer loan segment
The sector’s interest rates could exceed 50% per year.
Islamic financing in Indonesia lags Malaysia and Brunei
Government initiatives could boost halal economy and bolster demand for Islamic financial services.
Chart of the Week: Korean virtual banks still struggling to crack the profitability code
ROAA is still relatively low at -0.9% in December 2018.
Weekly Global News Wrap Up: Deutsche Bank reportedly eyeing to cut 20,000 jobs: EU banks short of $153b to meet capital requirements by 2027
and Austrian banks survive government's staged cyberattacks.
Australian banks grapple with funding gap's historic low of 40% in Q1
Investor loan growth slowed to less than 1%.
Singapore's fintech adoption rate almost tripled to 67% in two years: study
It is ahead of the APAC average adoption rate of 64%.
Malaysia and Indonesia go head-to-head on Islamic banking digitisation
Malaysian Islamic banks could lean on their parent groups cashing in to boost digital drive.