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.

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.

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.

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.