News

Chart of the week: Check out how Vietnam banks' profitability improved in 2017

Stable economic conditions and a robust core income segment buoyed earnings.

Chart of the week: Check out how Vietnam banks' profitability improved in 2017

Stable economic conditions and a robust core income segment buoyed earnings.

India's largest bank fraud likely to swell beyond $2b

Most relevant documents on LoUs have not yet been recovered which may push the fraud value higher.

Mobile wallets dominate Hong Kong payments in early 2018

Even though half of consumers encountered difficulties with the mobile app.

Indian banking apps are losing to mobile wallets big time

Nearly 9 in 10 consumers have a mobile wallet to pay for utilities, transport, and movies.

China $7b shadow banking industry threatens economic stability: FSB

Shadow lenders in the country account for about 15% of global high-risk non-bank loans.

Vietnam banks' average asset return rose to 0.9% in 2017

The healthy figures are partially due to strong core income segment.

Singapore banks' P2P funds transfer to extend to businesses

Citibank, DBS, HSBC, Maybank, OCBC, Standard Chartered, and UOB will soon offer PayNow Corporate.

Retail Banking Forum 2018 kicks off in Manila with around 90 attendees

Key executives from the country's major banks graced the event.

Asian banks fall behind Western counterparts in digital transformation

Only DBS had the digital model that can stand with European and American banks.

Singapore loans grew 8% in 2017 but still lagged behind Hong Kong

A robust economy and optimism in the property market are slowly narrowing the gap.

Chart of the Week: Check out how Thai consumers are turning to digital banking services

Mobile and internet banking accounted for 33% of total payment transactions for 9M 2017.

China banks' regulator revises rules for foreign banks and investment

The move aims to further open the country’s banking sector.

Thailand's digital banking shift to boost banks' revenue

The transition will rationalise banks' branch networks and improve cost efficiencies, said Moody’s.

LANDBANK's Alex Buenaventura to join the 2018 Retail Banking Forum in Manila as a panelist

He will share his insights on emerging technologies and the pressure on banks.