News
Total deposits in Hong Kong down 0.8% in February
Further decline was offset by high savings and time deposits.
Total deposits in Hong Kong down 0.8% in February
Further decline was offset by high savings and time deposits.
Chart of the Week: Check out the composition of Malaysian bank deposits from 2016 to 2017
Deposits grew 4% YoY in 2017.
Weekly Global News Wrap Up: Barclays to pay $2b fraud fine; Should Deutsche Bank reduce its US business?
And US Treasury supports easing raps on banks not lending to the poor.
How can Thai banks cushion the cost impact from waived digital fees?
Fee waivers could cost the banking system as much as $288.45m in foregone revenue.
Scaling down: Australian banks are pulling out from Asia
CBA is tapping on advisors as it mulls the sale of its Indonesian life insurance business.
Should Japanese banks consider mergers to combat profit woes?
A shrinking population and negative interest rates are hitting banks right in the gut.
Korean banks' loan delinquency rate inches up to 0.48% in February
Newly delinquent loans outnumbered resolved ones.
Singapore banks set to co-write guide for ethical use of AI
The guide, to be developed by MAS, is targeted for completion by the end of 2018.
Thai banks to waive digital transaction fees amidst heated e-wallet competition
However, the move is estimated to slash profits by up to 5%.
Indonesian banks' loans rose 8.2% in February
Banks are similarly targeting higher loan growth of 12% in 2018.
Philippine banks on alert following Malaysian cyberattack
The central bank cautioned local banks especially during the long holiday.
Singapore banks' loan growth hits 3-year high
Higher credit card and car loans pushed bank lending up.
Myanmar now lets foreign banks provide export financing services
Still, they are prohibited from providing basic retail transactions amidst the reform.
Chart of the Week: Here's a historical look at China's domestic banking assets
Claims on the corporate sector represent 36% of loans.
Weekly Global News Wrap Up: Exodus of banks in London looms after Brexit; Deutsche Bank looks for new CEO
And Wells Fargo's 4 top risk management execs to retire.
Is Islamic financing the future of Malaysian banks?
It grew 10.3% unlike conventional banks which rose marginally by 1.7% in 2017.
Indonesia imposes new capital surcharge for top lenders
Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.