News

Hong Kong's local lenders jostle for market share as Chinese banks encroach into home turf

Mainland-owned banks accounted for 38% of system assets and deposits by 2017.

Hong Kong's local lenders jostle for market share as Chinese banks encroach into home turf

Mainland-owned banks accounted for 38% of system assets and deposits by 2017.

Japan enables instant 24/7 fund transfer across banks

Around 64 banks have already started implementing the service.

Hong Kong regulator laments underperforming bank IPO sponsors

The SFC is enhancing sponsor standards as it aims to reclaim the global IPO crown.

Philippine bank lending to small enterprises misses target in H1

Legislative requirements were not met despite recording 10.4% growth.

India shakes up private bank management in bad debt crackdown

Yes Bank, ICICI and Axis Bank are replacing longstanding CEOs.

Chart of the Week: Malaysian bank loan growth may further soar in Q4

Loan growth in August went up to 5.4%, the highest it reached in 2018.

Lawmakers rebuke $323m capital requirement for Taiwan's web-only banks

They argue that Japan, South Korea, and Hong Kong have much lower capital requirements.

Asia's private banks ramp up hiring of priority bankers

Citi, DBS, HSBC, and UOB are hiring via internal promotions.

Singapore banks fare better than Indonesian lenders amidst rate hikes

Every 25bp hike that re-prices loan book translates into an earnings boost.

Chinese exposure of Taiwanese banks dips as yuan tumbles

Claims by local lenders to the Mainland fell from $46.91b to $44.62b in June.

Vietnamese banks continue shedding bad debt in June

Non-performing loan ratio has fallen to 6.7%.

Thailand pushes for regional cross-border fund transfer via QR code

It tying up with Cambodia, Laos, Myanmar and Vietnam.