News
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition.
Malaysian banks waive fees for interbank fund transfers
The move aims to accelerate the country’s cashless transition.
Discover the hottest trends in digital banking at ABF's inaugural Digital & Open Banking Conference
The industry's premier bankers and innovators will come together and grace the event.
What can Hong Kong banks gain from turning away from BPOs?
Managed services may just be the way to add further value for banking customers.
Indian banks embrace AI to drive costs down
SBI has deployed a virtual assistant to resolve customer queries.
Philippine bank lending surges 19.4% in May
Lending to wholesale and retail trade drove monthly loan growth.
Taiwan has the highest ATM density in the world
There is one machine per 826 residents.
Chinese bank asset growth slows to 6.6% in Q1 amidst deleveraging campaign
This compares to 15.7% a year ago.
Hong Kong banks may lose $14.68m in net assets following HKFRS 9
Replacing the incurred credit loss model is likely to shed off around 1% of net assets.
Singapore bank loans up 5.48% in May
Lending to businesses rose 5.78%.
Asia's digital banks trail behind European counterparts in deal activity
The region’s virtual lenders have been involved in only 7.8% of deals since 2014.
Hong Kong banks' cost to income ratios improve despite larger digital investments
The figure dipped from 47.9% in 2016 to 42.5% in 2017.
Which Singapore banks are the most vulnerable to trade tensions?
The Greater China region represented a fourth of one bank’s profit before tax.
China has over 7 billion bank cards in circulation in 2017
Each Chinese person has about 5 cards on average.
Weekly Global News Wrap Up: BofA sued over $102m ‘Ponzi scheme'; Ireland mulls hiking counter cyclical capital buffer
And Russia may need to shell out another $1.6b as part of a bank bailout.
Chart of the Week: Non-bank Chinese exposure of Hong Kong banks doubles to 15% in 2017
Fitch, however, warns against the associated risks of greater Mainland exposure.
10,000 banks aboard SWIFT gpi for faster cross-border payments
Three of China’s big four banks are already live on the platform.
Indonesian banks poised for steady loan growth despite higher lending rates
Lending will be led by big banks who can lure clients from smaller players.