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China's big banks profits surge 4.9% to $30.5b in 2017
ICBC, CCB, and Agricultural Bank of China all posted improved profitability.
China's big banks profits surge 4.9% to $30.5b in 2017
ICBC, CCB, and Agricultural Bank of China all posted improved profitability.
Korean banks net income rose 23.9% to $807m in 2017
Cash inflow from overseas business in China ballooned 389.3% to $110.9m.
Singapore banks net profit surge 27% in Q4 as they embrace fintech
The country is home to 39% of fintech firms in the ASEAN.
China banks poised for profit as combined net income to rise 8% in 2018
A recovering domestic economy is boosting loan demand.
Japanese banks' US dollar assets balloon 88% to $2.5t in 2017
They have become the most significant, non-US dollar banking player in terms of size.
More than 70 delegates graced the Retail Banking Forum 2018 in Jakarta
The forum focused on digital transformation and emerging technologies.
14 Thai banks collaborate to develop shared blockchain platform
The banks make up the Thailand Blockchain Community Initiative.
9 in 10 Singaporeans want to use fingerprint and facial recognition in banks
Only 1 in 5 are currently using the technology in banking services.
Weekly Global News Wrap Up: Societe Generale enters Australia; Fed agents question Wells Fargo WM employees
And US SEC awards Merrill Lynch whistleblowers $83m.
Chart of the Week: Here's how the younger generation in China pushes fintech growth
They are likely to help the continued penetration and popularity of e-payment systems.
Experienced foreign banks are thriving in Taiwan
The country's competitive loan market is opening new doors of opportunities.
Foreign banks outperform local Singapore banks in resolving customer woes
Local Singapore banks need to step up their omnichannel game.
Lower core lending and fees hit Japanese regional banks' profits
Japan’s rapidly ageing population is eliminating opportunities for banks to grow their loan portfolios.
Future-ready: Singapore banks target inclusive hiring
They aim to comply with an advisory that covers HR issues like retrenchments.
Hong Kong banks can hold firm against another housing crash
They can maintain their credit profiles even if prices were to plunge by 30%.
Southeast Asian fintech growth hampered by funding woes
Almost three quarters believe they only have less than a year to raise funds.
Home loans buoy Malaysian banks' growth prospects
It’s the only bright spot amidst the rest of the underperforming pack.
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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.
Industry experts push for the rapid progress of unified customer data as a starting point.
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