News

Unified QR code boosts Singapore banks' cashless agendas

Lenders are poised to enjoy wider market reach and public acceptance.

Cautious corporates could drag Malaysian bank lending to 6% in 2018

Businesses are holding back borrowing as they await policy clarity.

Can Japanese banks plug the void left by retreating US lenders?

Cross-border exposure of Japanese banks have surged to $3.7t in March.

India eyes merger of 3 state banks to create country's third largest lender

Vijaya Bank, Dena Bank and Bank of Baroda will be consolidated.

Hong Kong launches Faster Payment System in Smart Banking push

Consumers will soon be able to transfer funds instantly and without cost.

Indonesian banks turn to EDCs to weather crippling rate hikes

Bank Mandiri is boosting transactions through electronic data captures.

Outdated property rules may bite Malaysia's Islamic banks

Real estate treatment by lenders still reflect Basel II norms.

South Korean banks' bad loans plunge to 10-year low in Q2

Loan delinquency ratio fell to 1.06% in June.

Indonesia joins Vietnam in slamming non-compliant Chinese e-wallets

E-wallets need to first tie up with local banks before operating.

Philippine banks to roll out electronic fund transfer by end-November

The government aims to boost cashless transactions from 1% to 20% by 2020.

Banks rev up robo-advisory push in Singapore

OCBC is the latest to roll out such service.

China's ultra rich poised to boost Hong Kong wealth assets by 50% in 2023

HNWIs from the Mainland are edging out AuM from other APAC markets.