News
The Philippines cuts bank reserve requirement ratio to 18%
However, the country still has one of the highest RRR levels in Asia.
The Philippines cuts bank reserve requirement ratio to 18%
However, the country still has one of the highest RRR levels in Asia.
China's entrusted loans plunge 3.5% in January-April as banks shun shadow finance
Shadow banking growth virtually stopped new contributions to total social financing.
China's payment giants try to conquer Asia's banking scene
Alipay's aggresive Southeast Asian foray is making banks nervous.
Australian banks shrug off damaging probe as earnings rise in 1H2018
Latest financial results show improving asset quality despite an ongoing inquiry into banking malpractice.
Software AG's Jigar Bhansali to discuss how APIs push the frontiers of banking in this year's Retail Banking Forum
He will share how the API has the massive potential to introduce new ways of delivering banking services.
Foreign banks flock to Vietnam
Korean lenders have been eagerly expanding their foothold in the country.
Asian banks may just be at the centre of the trade finance boom
The region is expected to account for over a third of trade flows by 2020.
Singapore banks prefer customer deposits to current and savings accounts
Deposits to current and savings accounts jumped 9-13 ppts over 10 years.
Weekly Global News Wrap Up: Middle East banks seal takeover deals worth $8b; Fed rejects countercyclical capital buffer
And Fifth Third Bancorp is set to buy MB Financial for $4.7b.
Hong Kong loses to Singapore in managing the assets of the world's wealthy
However, a growing preference of China’s HNWI for closer wealth managers is fast narrowing the gap.
Chart of the Week: Check out how much bad loans Indian banks still bear
Gross NPAs climbed from 8.93% in September to 10.14% in March.
Bad loans in India's private banks expand fivefold in past five years
The sector bore $16.03b in bad loans as of end-March.
Philippine bank assets up 11.31% to $300.3b in Q1
Stable savings and demand deposits buoyed healthy capitalisation levels.
South Korean banks intensify inter-Korean business preparations amidst peace talks
Banks have been studying how to forge closer economic ties with the North.
Japanese banks hit by lower net interest income as loan demand dwindles
Intense Western competition is adding to the banking sector’s growing list of woes.
Singapore's wealth management business dominates Asian competition
However, the growing preference of Chinese wealthy for Hong Kong is challenging its dominance.
China's shadow banking crackdown buoys offshore financing market
Moody’s notes that there are limits to how much banks can substitute for lower shadow credit levels.