News
Big Hong Kong banks lock mortgage rates amidst Fed hike worries
HSBC and BOC locked their rates at 1.68% which is lower than the industry standard of 2.15%.
Big Hong Kong banks lock mortgage rates amidst Fed hike worries
HSBC and BOC locked their rates at 1.68% which is lower than the industry standard of 2.15%.
APAC fintech market to reach US$72b by 2020
Increasing use of digital payments will fuel the growth.
India discovers $3.6b of banks' hidden bad loans: Bloomberg
This amplifies concerns about underreporting and distress in the financial sector.
China banks to benefit from debt to equity swaps
They expect improvement in overall asset quality with bad loans resolution.
Malaysian banks to shift focus on investing in digitalisation
66% of banks eye digital maturity by 2020.
Foreign Indian banks are more transparent than local peers
Their transparency compliance came close to perfect at 99% in 2017.
2 in 5 banks likely to pursue joint ventures to boost digitisation efforts
This will result in greater industry collaboration between banks and e-commerce players.
Are Singapore's big banks out of the slump?
Higher interest rates and rising wealth to push double-digit profit growth.
40% of APAC banks to focus on fighting application fraud in 2018
60% experience fraud using synthetic identities.
Security Bank's Abigail Casanova to talk about digitalisation in consumer loans at the 2018 Retail Banking Forum in Manila
She will also discuss the what lessons can banks learn from fintechs.
Weekly Global News Wrap Up: BNP aims for higher profits; Deutsche Bank pleads for investors' patience
And more Britain and US banks ban bitcoin buying using credit cards.
Chart of the Week: Check out how Malaysian banks' outstanding loans ballooned over time
System loans, on the other hand, inched up 4.1% in 2017.
Malaysian banks to recover loan growth to 5% in 2018
This is on the back of a low base loan growth of 2.8% in 2017.
Australia's cooling housing market to bite banks' profits
Residential mortgages account for more than 60% of banks' overall loan portfolio.
China banks' regulator fines 19 banks over loan fraud case
ICBC and PSBC are amongst the fined banks.
Basel III contractual PONV securities will still dominate APAC banks
How loss absorption will occur in practice remains to be seen.
Vietnam banks to benefit from resolving legacy problem assets progress
The disposal of problem assets improves banks' asset quality.