News

Chinese banks' new loans hit $211b in July

The central bank has been encouraging lenders to step up lending.

Chinese banks' new loans hit $211b in July

The central bank has been encouraging lenders to step up lending.

Property curbs and trade war a double whammy for Singapore banks

The Big 3 unanimously expressed concern over heightened trade risks.

Chart of the Week: Which Singapore bank pays their staff the most?

Despite a 5% decline in pay per head, this bank still has the largest pay.

Mega infra projects to boost Thai banks loan growth to 5% in 2018

Around $14b worth of construction projects will break ground this year.

Can foreign lenders break Vietnamese banks' legacy problem?

Foreign ownership caps and regulatory constraints block foreign bank entry.

Chinese commercial banks profit up 6.37% to $149.58b in H1

However, bad loans also rose from $26.56b to $284.64b in Q2.

Falling home prices to drag Australian banks' 2019 credit growth to 3.5%

Mortgages account for roughly 60% of their loan portfolio.

Japanese regional banks eye information sharing to combat financial crime

A system that shares information on suspicious customers and transactions is being considered.

Singapore banks enable faster P2P funds transfer with PayNow Corporate

Corporate customers of participating banks can use NRIC to transfer funds.

Nearly half of Singapore fintech funding are $10m and above in H1

This bucks the trend that startups are only receiving seed funding.

Vietnam cracks down on issuing foreign bank licenses

The move aims to encourage local banking mergers.

Singapore bank headcount up by over 4,500 in H2

Staff numbers were boosted by DBS' acquisition of ANZ staff.

Hong Kong's sought-after bank relationship managers demand 30% wage hike

The Greater Bay Area project has fuelled demand for such candidates.