News
Korean banks' foreign branches profit up 22% to $983m in 2018
Korean banks' foreign branches profit up 22% to $983m in 2018
Net income from Hong Kong, China and Vietnam rose sharply.
China to let up on shadow banking crackdown in 2019
Shadow banking assets fell to around 68% of GDP in 2018.
Empowering women to Rise Up in Financial Services across the globe
Tracey Davies, President of Money20/20, and founder of the Rise Up initiative, outlines the five ways the program empowers women at work as the initiative comes to Singapore.
Japan tightens profitability rules on struggling regional banks
Underperforming lenders may be requested to close down branches.
Korean banks' employee numbers drop 9.2% in 2018
The rise of mobile and online banking meant less branch staff.
Hong Kong slaps $100m fine on global banks over IPO sponsor failures
UBS faces the highest fine of $47.77m.
Singapore banks' credit costs to rise 5bp in 2020
The IFRS9 will require banks to set aside for anticipated losses.
Vietnamese banks urged to stem rapid lending
The loan growth of commercial banks hit 17-18% on average.
Japan's regional lenders outline dangers of ultra-low rates
They are also calling for commercial banks to expand beyond traditional banking.
Asian Banking and Finance Retail Banking Awards 2019 opens for nominations
Entries will be accepted until 10 May.
Australian banks slammed over repayment delays
Customers had to pay for services they did not receive.
Chart of the Week: P2P lending on the rise in Indonesia amidst lax rules
P2P financiers dispersed $1,400 in loans in December.
Weekly Global News Wrap Up: EU banks' foreign deposits fall amidst money laundering probe; Sweden mulls bank tax
And a California bill proposes creation of local banks.
Malaysian bank loan growth up 5.6% in 2018
Corporates and households drove yearly lending demand.
Chinese banks urged to ramp up lending to rural businesses
Outstanding loans to rural areas already hit $4.91t in 2018.
Korean banks to maintain London operations despite Brexit: report
Reports noted that banks considered Frankfurt for their new locations amidst Brexit fears.
Japan banks bid goodbye to centuries-old tech in paperless shift
Hanko or personal stamps are being phased out.
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