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Can foreign lenders break Vietnamese banks' legacy problem?
Can foreign lenders break Vietnamese banks' legacy problem?
Foreign ownership caps and regulatory constraints block foreign bank entry.
Foreign banks in Korea cut asset pools amidst domestic rate hikes
Lenders slashed asset holdings by $5.93b in 2016.
Chinese commercial banks profit up 6.37% to $149.58b in H1
However, bad loans also rose from $26.56b to $284.64b in Q2.
Krungsri's Worachat Luxkanalode to discuss digital lending at ABF's Digital & Open Banking Conference
He will draw on his extensive experience in this area.
Falling home prices to drag Australian banks' 2019 credit growth to 3.5%
Mortgages account for roughly 60% of their loan portfolio.
Japanese regional banks eye information sharing to combat financial crime
A system that shares information on suspicious customers and transactions is being considered.
Singapore banks enable faster P2P funds transfer with PayNow Corporate
Corporate customers of participating banks can use NRIC to transfer funds.
Nearly half of Singapore fintech funding are $10m and above in H1
This bucks the trend that startups are only receiving seed funding.
Vietnam cracks down on issuing foreign bank licenses
The move aims to encourage local banking mergers.
Singapore bank headcount up by over 4,500 in H2
Staff numbers were boosted by DBS' acquisition of ANZ staff.
Hong Kong's sought-after bank relationship managers demand 30% wage hike
The Greater Bay Area project has fuelled demand for such candidates.
Celent's Eiichiro Yanagawa to make the case for digital at ABF's Priority Banking & Wealth Management Conference 2018
He will discuss how new technologies can impact the wealth management value chain.
India's ailing banking sector sparks call for privatisation
The quality of bank boards should be prioritised.
Homeowners to feel pinch as Hong Kong banks hike mortgage rates
BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.
How are Indonesian banks faring after the bad loan surge of 2016?
Nonperforming loans have spiked after the 2014-2016 commodities downturn.
Singapore nabbed Asia's fintech crown from Hong Kong in 2017
Total fintech funding hit $983.6m in 2017 versus Hong Kong's $596.8m.
Weekly Global News Wrap Up: Facebook in talks with banks to join Messenger; Wells Fargo accidentally foreclosed on 400 customers
And HSBC profit hit $10.7b in H1.
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