News
China urges banks to ramp up government bond purchases
Regulators may scrap the 20% reserve requirement.
China urges banks to ramp up government bond purchases
Regulators may scrap the 20% reserve requirement.
Tech firms may soon be allowed to own internet-only banks in South Korea
A bill is paving the way for tech firms to be the largest shareholders.
Japan's mega banks embrace robots to cut costs
Sumitomo is turning to RPA to cut workloads equivalent to 4,000 employees.
Weekly Global News Wrap Up: Greek banks' bad loan exposure nearly half of GDP; Canada banks can expect 10% Q3 profit gains
And FBI has notified US banks of a looming cyberheist.
Chart of the Week: Malaysian banks bad loans down to 1.59% in June
Banks shed bad loans in construction and working capital.
Thailand moves forward in wholesale digital currency development plan
The first phase will be completed by Q1 2019.
Growing bad loan burden dims Chinese banks' H1 profit outlook
Profits of the country’s top five banks are expected to rise around 4.7% to 7%.
Indian state banks recover $5.23b of bad loans in Q1
Bad loan recovery in Q1 for PNB and Indian Bank exceeded that of 2017-18.
Here's why foreign bank ownership cap is a boon for Vietnamese fintech
Investors may tie up with fintechs instead of banks.
The Philippines steps up rural bank shutdowns
A total of 10 smaller banks were closed in 2018 alone.
China's shadow banking assets plunged to $393.40b in H1
It crashed from a peak of $9.16t.
Krungsri's Sam Tanskul to reveal updates on global fintech at ABF's Digital & Open Banking Conference
He will be speaking from the perspective of the bank's own fintech subsidiary.
Celent's Eiichiro Yanagawa to take the floor on open APIs at ABF's Digital & Open Banking Conference
He will tackle the latest trends, emerging threats, and opportunities in digital banking.
South Korean banks' foreign currency deposits rebounds to $68.51b in July
A surge in euro-denominated savings boosted foreign deposits.
Vietnam steps up efforts to boost weakened banking sector
The government aims to have up to five banks listed on foreign bourses.
Can China's payment titans crack Hong Kong's mobile wallet market?
AlipayHK users have doubled to 1.5 million since March.
Foreign Islamic banks may soon be able to set up shop in the Philippines
A bill seeking to organise such lenders has passed committee level.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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