News

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.

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.

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.