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Hong Kong publishes guidelines for virtual banks in Smart Banking push
The central bank is aiming to award licenses towards the end of the year.
Hong Kong publishes guidelines for virtual banks in Smart Banking push
The central bank is aiming to award licenses towards the end of the year.
Singapore beats Hong Kong in open banking readiness
Strong regulatory support from MAS buoyed the lion city to score the APAC crown.
Singapore bank lending up 0.8% in April
Consumer and corporate loans edged up slightly.
China regulator carries out inspections to sniff out shadow banking activity
Some trust companies halted their channel business amidst intensified scrutiny.
Philippine banks link up to pilot blockchain for retail payments
A major lender is connecting with rural banks in the Southern area of the country.
India's public banks hammered by massive $3.81b fraud loss in 2017-18
The staggering loss impacts the future lending ability of banks.
Weekly Global News Wrap Up: US loan demand dips as SMEs turn to personal funds; Swiss lender BCP halts all business with Iran
And Bank of Nova Scotia’s Q2 earnings smashed analyst expectations.
Chart of the Week: Singapore banks bear the burden of growing credit card debt
Bad credit card debt that was "written-off" jumped 16% to $20.74m in March.
Australian watchdog seeks staff integration into misbehaving banks to intensify oversight
The Australian Securities and Investments Commission is seeking funding for this purpose.
Japanese regional banks form fintech joint venture in bid for survival
Seven lenders will take a stake of little over 14% in the JV.
Strong SME lending buoys Taiwanese banks' growth prospects
Loans to the SME segment accounted for almost a third of total system loans.
China's banks are sidestepping the shadow banking crackdown
Issuance of structured deposits surged almost 47% to $1.4t in the year through March.
Why you should be a part of ABF's inaugural Priority Banking & Wealth Management Conference 2018
The event will tackle significant topics on the thriving wealth banking business in Asia.
India's massive bailout fails to buoy banks out of earnings rut
Little will be left for lending from the government’s $32b capital injection.
Foreign banks flock to Australia as local lenders reel from damning probe
Barclays, Societe Generale and ABN AMRO are amongst those taking advantage of the opening.
A tale of two cities: India's newest banks are some of the world's most profitable
AU Small Finance Bank’s return-on-equity hit 56% versus 11% for JPMorgan Chase.
Losses may loom for Singapore banks as water treatment firm Hyflux struggles to stay liquid
Half of the embattled firm’s debt come in the form of unsecured bank loans.
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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.
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