News
Singaporeans are less satisfied with their credit cards in 2018
Singaporeans are less satisfied with their credit cards in 2018
Rewards programmes have room for improvement.
Hong Kong's Faster Payment System processed 1.58 million transactions in October
The value of Hong Kong dollar-denominated transactions hit $33.29b.
Singapore bank earnings up 25% in 9MFY18
Return on equity hit a ten-year high.
Chart of the Week: Japanese regional banks are carrying heavy loan burdens
They're not making enough profit off their massive loan balances.
Weekly Global News Wrap Up: European bank returns trail behind US; Spain reverses loan tax ruling
And Wells Fargo is bullish about its investment banking arm.
Asia's asset management scene takes off as AUM hits $8.1t in 2017
The region outperformed Europe and North America in AUM growth. Western wealth hubs fail to match the stellar growth of Asia-Pacific’s asset management scene after the region’s assets under management (AUM) surged 17% to $8.1t in 2017, according to Willis Towers Watson.
Banks receive boost as Myanmar urges citizens to beef up savings
The number of adults who save via banks is at a measly 11%.
Do Hong Kong banks have reason to fear as Chinese lending accelerates?
Mainland Chinese exposure accounted for nearly a third of total assets.
Singapore fintechs give China a run for its money
Ride-hailing firm Grab nabbed a place in the top five.
Thai lenders bank on revamped apps to sustain growth
Krung Thai Bank and Kasikornbank have updated their apps.
Korea's shrinking bad loan record at risk as SOHO loans turn sour
Such loans accounted for a fifth (22%) of total bank lending as of end-June.
Hong Kong bank loan growth may halve to measly 3% in December
The steep decline is partially due to higher interest rate environment.
South Korea cracks down on bank lending to cool housing market
Banks must cap the volume of high-risk loans they extend.
Hong Kong's blockchain-powered trade finance platform goes live
eTradeConnect will digitise the paper-intensive process.
Singapore bank loan growth slows to 4.5% in September as sentiment sours
This marks the slowest on-year pace since February.
Software AG's Chun Man Hui outlines his vision for the future of banking at the ABF Digital & Open Banking Conference 2018
The future is open and API-enabled.
Weekly Global News Wrap Up: Regulators sound alarm over US leveraged loan market; HSBC Q3 pre-tax profit surges 28%
And British challenger bank Monzo has hit unicorn status.
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