News
OCBC to nab Barclays’ Singapore, Hong Kong wealth business for $431.6m
Bank of Singapore’s AUM will shoot up 33.3%.
How are Malaysian banks dealing with the pressure of digitisation?
It's not just about the technology.
Malaysia's industry loan growth disappoints as household loans slip to just 7%
A mere 6.5% loan growth is forecast for 2016. According to Maybank Kim Eng, industry loan growth continues to slow, with the moderation in HH loan growth notably more significant in Feb 2016.
Bank of Ceylon links up with Fiserv in upgrading core banking, front-end teller systems
Better user experience awaits clients.
Singapore's central bank reveals plans for a unified payment system
It's working on a point of sale terminal that reads all kinds of cards.
KBANK's 1Q16 profit likely to have dropped 28%
NPLs could rise 3.3 this month. Maybank Kim Eng analysts attended the 1Q16 results preview meeting held for analysts last Friday. Based on what they learnt from the meeting, they project 1Q16 net profit about THB8.9b, which is down 28% YoY but up 63% QoQ (4Q15 reported results were depressed by heavy expensing). "Regardless, 1Q16 profit is likely to be viewed as weak compared to the historical standard. One should not be surprised to see a rise in NPLs (+23bps to 3.30%) and high credit cost (2.20%), as previously guided in 4Q15. The company will report its full results on 20th April."
Will Bangkok Bank's net profit be hurt by Thai TV's bank guarantee payout?
The guarantee is worth THB1.78 billion.
What are BDO's targets for its most recent acquisition?
The goal is to expand One Network Bank’s branches by 15 this year.
Barclays' private wealth business could generate net profits of SGD43m for winning bidder
Provided that there are not bad debts.
Vietnamese banks suffer from weaker equity-to-asset ratios
It decreased to 7.3% as at end-2015.
3 Malaysian banks with the largest increases in common equity Tier 1 ratios revealed
Two of them completed large rights issues in 2015.
Korean banks likely to step up the issuance of bank capital securities: Fitch
Higher capital requirements will be phased-in by 2019.
How bad will the rest of 2016 be for Chinese banks?
Fitch expects subdued earnings growth to persist.
DBS, OCBC go head-to-head in race for Barclays' private wealth units
The deal is valued at $300m.
2 reasons why you must attend the ABF Retail Banking Forum in Kuala Lumpur on April 6 at the Shangri-La
Artificial intelligence in ATMs is on the rise.
These graphs show the worst may finally be over for Singapore banks
Profits are on an uptrend.