News

Loans by Taiwanese banks in China down to $57.49b in Q1

The ratio of the country’s banking sector to the Mainland also fell.

Indian banks team up in blockchain-powered trade finance network

The collaboration will leverage on Infosys Finacle’s technology.

Bad loan cleanup push Chinese banks profits up 5.1% to $242.03b in 2017

The weighted average NPL ratio dropped from 1.65% in 2016 to 1.55% in 2017.

Singapore private banking bonuses up by as much as 7% in 2017

Bankers of the ultra wealthy can also expect bonuses in the form of stocks and shares.

Can Hong Kong steal the wealth manager crown from Switzerland?

The banking secrecy capital's dominance has been on a steady decline since 2010.

New financial reporting standards will not materially impact Malaysian bank assets: Moody's

MFRS 9 actually represent strengthened credit practices due to higher provision requirements.

Chinese banks turn to retail amidst tighter scrutiny in wealth

Operating income from the retail arm accounted for 37.56% of total bank income in 2017.

Fintech loan platform pushes to be Hong Kong's first licensed virtual bank

WeLab is backed by financial heavyweights like Alibaba and IFC.

Property pickup buoys Singapore banks' glowing growth prospects

Housing and bridging loans are expected to receive a boost from the price boom.

Banks are at the forefront of Singapore's future-ready upskilling charge

OCBC recently rolled out a massive $20m upskilling programme.

Chart of the Week: Check out the breakdown of Thai banks' bad loans

New NPL formation dropped to 66.4% of total bad loans in 2017.

Australian bank inquiry could cut 8% of the country's finance jobs

Massive job cuts may be tantamount to losses seen during the 2008 global financial crisis.

Non mortgage loans dominate Korean bank lending in April

The government’s efforts to tighten home-backed lending appear to be paying off.

Japanese banks reportedly mulling joint ATMs to cut massive losses

Declining loan demand is squeezing the profits of the country's lenders.