News

Malaysian bank loan growth up 5.7% in September

Lumpy business loans drove lending gains.

Singapore bank loan growth to slow to 3% in 2019

Trade tensions and higher interest rates will dampen borrowing.

Korean banks zero in on booming expat market

Lenders are growing their foreign currency desks.

Japan mulls looser M&A rules to speed up regional bank mergers

The drawn-out approval process will be re-assessed.

Hong Kong's Faster Payment System processed 1.58 million transactions in October

The value of Hong Kong dollar-denominated transactions hit $33.29b.

Singapore bank earnings up 25% in 9MFY18

Return on equity hit a ten-year high.

Chart of the Week: Japanese regional banks are carrying heavy loan burdens

They're not making enough profit off their massive loan balances.

Asia's asset management scene takes off as AUM hits $8.1t in 2017

The region outperformed Europe and North America in AUM growth. Western wealth hubs fail to match the stellar growth of Asia-Pacific’s asset management scene after the region’s assets under management (AUM) surged 17% to $8.1t in 2017, according to Willis Towers Watson.

Banks receive boost as Myanmar urges citizens to beef up savings

The number of adults who save via banks is at a measly 11%.

Do Hong Kong banks have reason to fear as Chinese lending accelerates?

Mainland Chinese exposure accounted for nearly a third of total assets.

Singapore fintechs give China a run for its money

Ride-hailing firm Grab nabbed a place in the top five.

Thai lenders bank on revamped apps to sustain growth

Krung Thai Bank and Kasikornbank have updated their apps.

Korea's shrinking bad loan record at risk as SOHO loans turn sour

Such loans accounted for a fifth (22%) of total bank lending as of end-June.

Hong Kong bank loan growth may halve to measly 3% in December

The steep decline is partially due to higher interest rate environment.