News
India to merge 35 overseas branches of state banks after $2b fraud case
India to merge 35 overseas branches of state banks after $2b fraud case
Nearly 70 more banks are under review.
Vietnam banks' average asset return rose to 0.9% in 2017
The healthy figures are partially due to strong core income segment.
Singapore banks' P2P funds transfer to extend to businesses
Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.
Retail Banking Forum 2018 kicks off in Manila with around 90 attendees
Key executives from the country's major banks graced the event.
Asian banks fall behind Western counterparts in digital transformation
Only DBS had the digital model that can stand with European and American banks.
Singapore loans grew 8% in 2017 but still lagged behind Hong Kong
A robust economy and optimism in the property market are slowly narrowing the gap.
Weekly Global News Wrap Up: EU Banking scandal intensifies; BoA to open 500 new branches
And Greek banks urged to put more effort to cut NPLs.
Chart of the Week: Check out how Thai consumers are turning to digital banking services
Mobile and internet banking accounted for 33% of total payment transactions for 9M 2017.
China banks' regulator revises rules for foreign banks and investment
The move aims to further open the country’s banking sector.
Thailand's digital banking shift to boost banks' revenue
The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.
Mastercard's Sambit Pattanayak to tackle data for profitable innovation at the 2018 Retail Banking Forum
He will join the forum as a thought leader.
LANDBANK's Alex Buenaventura to join the 2018 Retail Banking Forum in Manila as a panelist
He will share his insights on emerging technologies and the pressure on banks.
China banks' asset growth dips to 7% amidst tighter regulations
The slowdown is a welcome development as risks particularly in shadow banking are reduced.
Monitor Deloitte's Mohit Mehrotra to join the 2018 Retail Banking Forum as thought leader
He will discuss the big shifts and their implications on financial services.
Weekly Global News Wrap Up: Latvia points at Russia on banking crisis; Amazon partners with BofAML
And UK Labour leader accuses banks of taking the economy hostage.
Chart of the Week: Check out how Indian banks compete with tech giants in payments
Google is now head to head with Axis Bank in digital transactions.
Singapore banks shake off oil & gas loan burdens
O&G debts made up 2%-3% of their total loans.
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