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Malaysian bank loan growth drops further to 5.6% in December
Working capital, construction, home and auto loans weakened.
Malaysian bank loan growth drops further to 5.6% in December
Working capital, construction, home and auto loans weakened.
Weekly Global News Wrap Up: US consumer loan demand takes hit in Q4; Canada housing slump prompts calls for looser mortgage rules
And HSBC is said to be cutting over 50 investment banking jobs.
Chart of the Week: Singapore banks' dividend yields eclipse ASEAN peers at 5.1% in 2019
Such levels are higher than banks in Indonesia and the Philippines.
Vietnam hammers hard on bad loans as banks clear $6.42b in soured assets in 2018
This brings the bad loan ratio to 1.89% in 2018 from 1.99% in 2017.
3 in 5 Singaporeans believe fintechs are as trustworthy as banks: survey
Around 13% even believe that fintechs deserve more trust than old-guard lenders.
Philippine bank accounts up 6.8% to 57.1 million in 2017
The number of unbanked local government units also dipped to 554 from 582.
China urges banks to temper lending in January
Banks typically front-load loans early in the year.
Cambodia and Thailand ink deal on QR code scheme
It aims to boost local currency usage of both the riel and baht.
Foreign players can now buy into Myanmar's domestic banks
They can hold up to 35% stake in local lenders.
India lifts curbs on three public sector banks as recovery looms
They have successfully met capital and bad loan requirements.
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
Indonesia gears to set up mega-lender to oversee 40% of banking assets
The four state banks will be put under the holding company, PT Danareska.
South Korean banks' forex turnover hits decade-high at $55.51b in 2018
Strong capital inflow boosted yearly figures.
APAC banks feel left behind by Western peers in AI: survey
Two in five believe that lack of available talent is holding them back.
Singapore banks rev up tech hiring to plug digital vacancies
A fifth of job postings are for employees with digital skills.
11 Indian banks to launch blockchain-linked fund for SMEs
YES Bank and Kotak Mahindra Bank are some of the member lenders.
Indonesia urged to cut bank network to 70 lenders
The bank association believes that this is the ideal number to foster competition.
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