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Regulator punishes 7 Taiwanese banks embroiled in loan scandal
Regulator punishes 7 Taiwanese banks embroiled in loan scandal
Over 50 senior bank managers have been reportedly demerited.
Can India ease its bad loan woes before another banking scandal erupts?
The recovery loan on defaulted loans in the country are at a dismal 26%.
China relaxes informal deposit rate ceiling for commercial banks
This may help Beijing curb growing shadow banking activity.
Korea's bad loans shrink as new NPLs stood at $1.59b in Q1
This marks the lowest level since the global financial crisis struck.
Chinese private banks lead Asia's wealth management business
The assets of top Chinese onshore private banks grew 25.5% whilst Asia rose by a mere 7.4% in 2013-2017.
Asian private banking assets hit $2.01t in 2017
The world’s wealthy are increasingly turning to Asia.
Singapore refuses to compel banks to divulge open banking data
The central bank is taking a more organic approach, enabling banks to share data on their own.
Bad debt burden delays Basel III adoption in Indian banks
The leeway would give banks much-needed time to raise more capital.
Can the VAMC single-handedly halt Vietnam's bad loan woes?
It has already bought $9.4b in NPLs from various banks.
APAC banks plan to use automated collections systems by 2019
Seven in 10 banks intend to utilise AI to streamline bill payments.
Singapore amongst the most open to digital banking
Almost half believe non-banks provide better assistance than traditional banks.
Why you should not miss the 2018 Retail Banking Forum in Kuala Lumpur
The event will be held on April 25 at the Shangri-La Hotel, Kuala Lumpur.
Hong Kong to link central bank system with Japan for faster cross-border transactions
These will streamline transactions of Japanese government bonds and Hong Kong dollars.
Indonesian banks shoulder growing bad debt burden
NPL volumes hit $9.8b in 2016 representing almost a double increase in bad loan ratio.
How can Philippine banks fully shed off bad loans?
NPLs hit $3.2b as of September 2017 with NPL ratio at a stable 1.9%.
Weekly Global News Wrap Up: BofA halts lending to firearm makers; US watchdog may slap record fine vs Wells Fargo
And here’s the real cost of Brexit to the UK financial services industry.
Chart of the week: Check out the bad loan ratio of Thai banks in 2017
Gross NPL volume rose 20% to $11.6b in Q2.