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Should Japanese banks consider mergers to combat profit woes?
Should Japanese banks consider mergers to combat profit woes?
A shrinking population and negative interest rates are hitting banks right in the gut.
Korean banks' loan delinquency rate inches up to 0.48% in February
Newly delinquent loans outnumbered resolved ones.
Singapore banks set to co-write guide for ethical use of AI
The guide, to be developed by MAS, is targeted for completion by the end of 2018.
Thai banks to waive digital transaction fees amidst heated e-wallet competition
However, the move is estimated to slash profits by up to 5%.
Indonesian banks' loans rose 8.2% in February
Banks are similarly targeting higher loan growth of 12% in 2018.
Philippine banks on alert following Malaysian cyberattack
The central bank cautioned local banks especially during the long holiday.
Singapore banks' loan growth hits 3-year high
Higher credit card and car loans pushed bank lending up.
Myanmar now lets foreign banks provide export financing services
Still, they are prohibited from providing basic retail transactions amidst the reform.
Chart of the Week: Here's a historical look at China's domestic banking assets
Claims on the corporate sector represent 36% of loans.
Weekly Global News Wrap Up: Exodus of banks in London looms after Brexit; Deutsche Bank looks for new CEO
And Wells Fargo's 4 top risk management execs to retire.
Is Islamic financing the future of Malaysian banks?
It grew 10.3% unlike conventional banks which rose marginally by 1.7% in 2017.
Indonesia imposes new capital surcharge for top lenders
Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.
China's big banks profits surge 4.9% to $30.5b in 2017
ICBC, CCB, and Agricultural Bank of China all posted improved profitability.
Korean banks net income rose 23.9% to $807m in 2017
Cash inflow from overseas business in China ballooned 389.3% to $110.9m.
Singapore banks net profit surge 27% in Q4 as they embrace fintech
The country is home to 39% of fintech firms in the ASEAN.
China banks poised for profit as combined net income to rise 8% in 2018
A recovering domestic economy is boosting loan demand.
Japanese banks' US dollar assets balloon 88% to $2.5t in 2017
They have become the most significant, non-US dollar banking player in terms of size.