News

Should New Zealand banks brace for earnings blow amidst higher capital requirements?

Major banks would need around $4,55b if the proposal is implemented.

Should New Zealand banks brace for earnings blow amidst higher capital requirements?

Major banks would need around $4,55b if the proposal is implemented.

Asia's private banks receive income boost as discretionary mandates mount

The set-up is more lucrative than a pay per trade basis.

Japan's megabanks hit the brakes on regional expansion

Sumitomo’s loans to Asia stayed flat at $82b as it shifted focus to the US.

Indian shadow banks face cash crunch as developer defaults mount

Cash-short developers have to repay around $18.15b in outstanding debt.

Korea sets up open interbank payment network to boost fintech

Available to nonbank players, the scheme aims to lower required usage costs.

Chinese commercial banks' profit up 4.72% to $273b in Q4

The sector’s bad loans ratio fell mildly to 1.83%.

Philippine rural banks call to stop shrinking industry

Around 139 rural lenders have shut down operations since 2009.

Cash and cheques still account for 40% of Singapore payments

Hawker centres, food courts and wet markets remain heavily dependent on cash.

Japanese investment banks lose out to global players in M&A spree

US heavyweights may be in a stronger position to advise on foreign targets.

Chart of the Week: Thai banks raise capital shields against bad loans

Total capital adequacy ratios hit 18% in November 2018.

Indian banks swing back into the black in Q4

Earnings hit $21.56m with private banks leading the quarterly gains.

Chinese banks' new loans hit record high at $477b in January

Regulators have encouraged banks to lend more to firms hit by the deleveraging.

Philippine banks embrace real-time electronic fund transfer system

Both Instapay and Pesonet have seen banks grow to 47 and 42 respectively.

Japanese regional banks jump in on cashless payment initiative

J-Coin enables transactions without the need to install readers.

Philippine banks agree on $410m debt-equity swap to save troubled Hanjin

The five creditors have agreed to swap debt for shares in the parent firm.

China's shadow banking sector to shrink to half of GDP in 2019

Lenders have been shifting to on-balance sheet activities.