News
Philippine bank accounts up 6.8% to 57.1 million in 2017
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.
Cambodia and Thailand ink deal on QR code scheme
It aims to boost local currency usage of both the riel and baht.
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.
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.
South Korean banks' forex turnover hits decade-high at $55.51b in 2018
Strong capital inflow boosted yearly figures.
APAC banks feel left behind by Western peers in AI: survey
Two in five believe that lack of available talent is holding them back.
Singapore banks rev up tech hiring to plug digital vacancies
A fifth of job postings are for employees with digital skills.
11 Indian banks to launch blockchain-linked fund for SMEs
YES Bank and Kotak Mahindra Bank are some of the member lenders.
Indonesia urged to cut bank network to 70 lenders
The bank association believes that this is the ideal number to foster competition.
Asian Banking and Finance Wholesale Banking Awards 2019 opens for nominations
Entries are accepted until April 19.
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.
Weekly Global News Wrap Up: Three-way UAE merger creates $114b banking giant; Standard Chartered slapped with $40m fine
And Kazakhstan is looking for a bank to take over its second largest lender.
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.