News

India's ailing banking sector sparks call for privatisation

The quality of bank boards should be prioritised.

India's ailing banking sector sparks call for privatisation

The quality of bank boards should be prioritised.

Homeowners to feel pinch as Hong Kong banks hike mortgage rates

BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.

How are Indonesian banks faring after the bad loan surge of 2016?

Nonperforming loans have spiked after the 2014-2016 commodities downturn.

Singapore nabbed Asia's fintech crown from Hong Kong in 2017

Total fintech funding hit $983.6m in 2017 versus Hong Kong's $596.8m.

Chart of the Week: How exposed were Singapore banks to mortgages in Q1?

DBS gained the largest market share but has least mortgage exposure.

Indian government eyes reforms unleashing $8.72b in banking capital

Lowering the CET Tier-I ratio from 5.5% to 4.5% is expected to boost lending.

Hong Kong banks' loan growth may slow to 5% in H2

Trade tensions and higher interest rates are to blame.

Indonesia steps up efforts to centralise payment system

Bank Indonesia is campaigning for the shift to the National Payment Gateway card.

Could banks be the saving grace of Singapore's rattled equities market?

Banks have posted a healthy set of Q2 results despite bleak market conditions.

Credit card spending in Taiwan hits $47.05b in H1

Purchases via credit card nearly hit the $200b in all six months except February.

Ailing Indian banks shore up on fees from non-maintenance of minimum balance

State Bank of India led the pack in collecting customer penalties.

Singapore retail and wealth banks shun digital as they ramp up Q2 hiring

Relationship managers in bancassurance were in hot demand.

Japanese banks jumpstart SEA expansion in bid for survival

Juroku Bank and Ashikaga Bank opened a Hanoi and Bangkok unit.

Australia's big banks defy mortgage hike trend

ANZ and CBA have lowered their mortgage rates to boost lending.