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Thailand moves forward in wholesale digital currency development plan
Thailand moves forward in wholesale digital currency development plan
The first phase will be completed by Q1 2019.
Growing bad loan burden dims Chinese banks' H1 profit outlook
Profits of the country’s top five banks are expected to rise around 4.7% to 7%.
Indian state banks recover $5.23b of bad loans in Q1
Bad loan recovery in Q1 for PNB and Indian Bank exceeded that of 2017-18.
Here's why foreign bank ownership cap is a boon for Vietnamese fintech
Investors may tie up with fintechs instead of banks.
The Philippines steps up rural bank shutdowns
A total of 10 smaller banks were closed in 2018 alone.
China's shadow banking assets plunged to $393.40b in H1
It crashed from a peak of $9.16t.
Krungsri's Sam Tanskul to reveal updates on global fintech at ABF's Digital & Open Banking Conference
He will be speaking from the perspective of the bank's own fintech subsidiary.
Celent's Eiichiro Yanagawa to take the floor on open APIs at ABF's Digital & Open Banking Conference
He will tackle the latest trends, emerging threats, and opportunities in digital banking.
South Korean banks' foreign currency deposits rebounds to $68.51b in July
A surge in euro-denominated savings boosted foreign deposits.
Vietnam steps up efforts to boost weakened banking sector
The government aims to have up to five banks listed on foreign bourses.
Can China's payment titans crack Hong Kong's mobile wallet market?
AlipayHK users have doubled to 1.5 million since March.
Foreign Islamic banks may soon be able to set up shop in the Philippines
A bill seeking to organise such lenders has passed committee level.
Chinese banks' new loans hit $211b in July
The central bank has been encouraging lenders to step up lending.
Property curbs and trade war a double whammy for Singapore banks
The Big 3 unanimously expressed concern over heightened trade risks.
Weekly Global News Wrap Up: UK banks eye customised alerts to boost customer loyalty; Turkey eases banks' capital rules
And US fintechs remain cautious after the US banking charter plan.
Chart of the Week: Which Singapore bank pays their staff the most?
Despite a 5% decline in pay per head, this bank still has the largest pay.
Mega infra projects to boost Thai banks loan growth to 5% in 2018
Around $14b worth of construction projects will break ground this year.
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