News
Siam Commercial Bank finally back on track after the Sahaviriya Steel Industries saga
Siam Commercial Bank finally back on track after the Sahaviriya Steel Industries saga
Credit cost is expected to have declined 74% in 4Q15.
China's city commercial banks growing faster than their larger peers
Profits after tax grew by 13%, outpacing SOE banks' 6% growth.
Singapore banks face more defaults as oil and gas malaise spreads
DBS and OCBC are most exposed.
Bank of Ayudhya's 4Q15 earnings feared to have dropped 18%
Blame it on post-merger expenses with BTMU.
Malaysian banks' base rates unlikely to rise
OCBC Malaysia and UOB Malaysia are merely normalizing their rates.
DBS unveils capital loan program to jump start small businesses
It will bridge the credit gap faced by businesses.
Banks in Indonesia, Philippines, Thailand and Vietnam urged to push for consolidation
Consolidation is imperative to stay competitive.
NPL increase in most banking systems not too much of a concern: Fitch
NPLs compare favourably relative with other regions.
ASEAN banks' profitability feared to trend lower in 2016
High CASA deposits could serve as an important buffer.
Hard landing in China remains a key threat for Asian banks in 2016
Japan, Singapore, Hong Kong, Korea and Taiwan are most exposed.
KBANK's one-time IT expense worth THB2.4b hurts 4Q15 earnings
4Q15 net profit may have fell by 41% QoQ.
Malaysian banks' absolute NPLs rose 2.1% in November 2015
The credit cycle may have turned.
HSBC pioneers launching certificates of deposit to corporate clients in China
It is the first international bank to do so.
UOB rolls out first Visa Token Service in Asia Pacific
Customers only need their smartphones to pay.
Heightened competition from foreign players a 'very gradual affair' for Malaysian banks
ATM liberties accorded to TPPA member countries are subject to reciprocity.
DBS Private Bank launches initiative that introduces private equity deals to clients
It's available for clients with net worth of SGD50 million and above.
Bank of East Asia unveils its new e-cheque service
Customers can settle and receive payments in 3 currencies.