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Will Philippine banks' rapid lending activities drain capital?
Funding will also tighten as banks ramp up credit extensions.
Will Philippine banks' rapid lending activities drain capital?
Funding will also tighten as banks ramp up credit extensions.
Weekly Global News Wrap Up: US banks' profits hit $62b in Q3; FSB unveils global list of systemic lenders
And here's why Societe Generale is shelling out $1.4b.
Chart of the Week: Taiwanese banks' capitalisation hit 11.4% in H1
This is above the prescribed tier 1 capital ratio of 8.5%.
Philippine thrift banks reverse loss with Q3 $235.64m profit gain
Net interest income hit $890.79m.
Singapore unveils framework to enhance payment services regulation
It will regulate systemically important payment systems and focus on retail payment services.
Taiwanese banks move to plug money laundering shortfalls
There were insufficient safeguards in their offshore banking units.
South Korean banks take a breather from rapid expansion plans
Lenders will focus on domestic exposure to SMEs and households.
India's mid-sized banks hop on personal lending bandwagon
Personal loan balances are expected to grow at a CAGR of 16% for 2018-2022.
Chart of the Week: Chinese bank settlement fees fall as nonbanks steal share
However, the downtrend is likely to stabilise soon.
Weekly Global News Wrap Up: Greece cracks down on $47b bad debt burden; HSBC Africa fined $1.1m
And foreigners can now own up to 25% of Abu Dhabi Islamic bank.
Thai banks' Q3 loan growth up 6.4% as consumers snap up credit
Consumer loans outpaced industry average at 8.4%.
Asian Banking & Finance bags Business/Professional Media of the Year Award - Gold at the Asia Pacific Publishing Awards
Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers Association (MPAS) Awards.
Myanmar relaxes ban on foreign bank lending in sector overhaul
The rationale was to give local businesses more access to financing.
Singapore-based US banks beef up cybersecurity roles
JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.
Japanese megabanks share ATMs to prop up struggling bottomline
Users from MUFG and Sumitomo may soon be able to withdraw at both ATMs for free.
Trade tensions cut Taiwanese 2019 bank loan growth to 3.2%
Taiwan is amongst the most exposed to US tariffs on Chinese goods.
Singapore bank NIMs set to widen to 1.98% in 2020
However, this is still lower than the 2008 average.