Singapore
Asian banks to be hit by triple trouble in 2016
Slowing economy, correcting property markets, and highly indebted households.
Asian banks to be hit by triple trouble in 2016
Slowing economy, correcting property markets, and highly indebted households.
45 banks sign up to SWIFT's global payments innovation initiative
The new initiative will start from early 2016.
ING Bank appoints Andy Dyer regional head for corporate transaction services in Asia
It's beefing up Asian Transaction Services team.
Singapore banks stuck in a ditch as oil sorrows mount
They will soon be bombarded with rising defaults.
Discover the industry's hottest trends at ABF’s Retail Banking Forum 2016
It will be held in five cities across Southeast Asia.
CIMB dangles hefty 10% cash rebates on selected categories
It’s planning to acquire 270,000 customers in three years.
Singapore banks face more defaults as oil and gas malaise spreads
DBS and OCBC are most exposed.
ICBC Singapore inks collaboration with China real estate firm
It’s the third Singapore-China government project.
DBS unveils capital loan program to jump start small businesses
It will bridge the credit gap faced by businesses.
Managing banking relations: What Singapore's consumer banks should know about PDPA
Copious amounts of personal data is collected by banks each day and frequently shared with third parties as technology continues to revolutionise the way we bank. Last year, the Association of Banks in Singapore released the Code of Banking Practices which outlines the responsibilities of banks under the Personal Data Protection Act (‘PDPA’) and its regulations.
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.
Singapore's overall loan growth dragged by 2.3% drop in business loans
System loan growth came in at 1.4% in November 2015.
UOB rolls out first Visa Token Service in Asia Pacific
Customers only need their smartphones to pay.
Not so fast: Asset quality and profitability qualms darken 2016 outlook for Asia-Pac banks
Different year, same economic woes for banks.