News

Is cash still king in ASEAN?

Is cash still king in ASEAN?

Card penetration for some countries fall below 50%, according to a study.

Japanese banks' loan growth to slow to 1.8% in 2019

The older population represents a shrinking client base.

Singapore to dominate forex with sub-second speeds

MAS looks for ultra-fast platforms that could route currency trades in milliseconds.

Arapat Sangkharat takes the stage on Krungthai's digital banking journey

He will make the case for whether bank branches still have merit in the digital age.

EY's Evan Wiradharma to grace the ABF Retail Banking Forum

He will discuss how the business models of banks and fintechs have evolved through time.

Australian banks cut term deposit rates amidst cheaper funding

About 130 interest rate cuts were recorded in individual term deposit products in March.

Chart of the Week: Japanese banks' real estate loans hit record high as risk appetite grows

Loans to the real estate sector as a share of GDP hit 14.4% in late 2018.

Indian banks grapple with $10m liquidity crunch

Lower government spending and higher cash withdrawal contributed to the deficit.

Unlicensed investment banks cash in on Korea's bond issuance spree

They earn more than $17.6m in fee income annually without being required to pay taxes.

Taiwanese banks' yuan deposits up to $42.34b in March

RMB deposits held by offshore banking units rose by $200m to $5.06b.

UnionBank's Ana Delgado shares the secret to delivering superb customer experience

Learning, unlearning and relearning at a time of disruption is key.

Chart of the Week: AI business value for APAC banks to hit $98b by 2030

China, Japan, South Korea and Singapore will drive demand over the next 10 years.

New licensing rules may wipe out P2P lending in China

Stricter requirements may leave just 100 surviving players out of over 1,000.

Why you shouldn't miss ABF Retail Banking Forum 2019

Hear from the region’s top banking execs on how to stay ahead of changing industry trends.

Vietnam tops global mobile payments growth in 2019: study

Its 24 ppt growth rate toppled its Southeast Asian neighbours.