News
SWIFT CEO unveils new security plan to combat brazen hackers
Information sharing should be improved.
ASEAN banks' earnings slide as loan growth slows to a crawl
Indonesian banks are most at risk.
Hong Leong Bank's net profit down 4% to RM497.83m
Blame it on higher impairment losses.
Singapore's central bank orders Swiss bank BSI to shut local operations for money laundering
It was also slapped with a S$13.3 million fine.
DBS, OCBC roll out voice biometrics for phone banking customers
Clients can be authenticated in just 15 seconds.
Citi launches voice biometrics authentication for Asia Pacific clients
It targets a million users within a year.
ASEAN banks' asset quality to suffer as regional slowdown bites
Will there be a sharp spike in delinquencies?
Banks in China and India face greater risks as FinTechs see rapid growth
But regulation will still play a key role.
Myanmar’s largest bank clinches licence to open office in Thailand
It’s the first Myanmar bank to have an international office.
OCBC first bank in Southeast Asia to launch Application Programming Interface platform
It is currently offering four APIs.
Indonesian banks' Islamic non-performing financing surpasses conventional non-performing loans
It reflects the customers' higher risk profiles.
Australia's four major banks warned of slower earnings growth as corporate loan impairments rise
Asset quality pressure will derive from multiple headwinds.
HSBC Singapore completes subsidiarisation of its retail banking and wealth management business
The Subsidiary will oversee HSBC’s RBWM business in Singapore.
Singapore banks hit hard by higher foreign non-performing loans
DBS and OCBC are leading the increase.
Singapore banks' profits to slide further as higher loan loss provisions bite: Moody's
O&G loans will require higher allowances.
Kasikornbank's increased credit cost ceiling may not be fully utilized
It was raised from 170bps to 190bps.
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