China

China delays Visa and Mastercard entry as Unionpay remains unchallenged

The central bank has yet to issue formal acknowledgment.

China delays Visa and Mastercard entry as Unionpay remains unchallenged

The central bank has yet to issue formal acknowledgment.

Chinese commercial banks bad loan ratio hits 10-year high in 2018

Total non-performing loans hit $296.52b (CNY2t) in December.

China's fintech ecosystem is scaling faster than the US and Europe

Outside of China, fintechs are only able to disrupt one vertical unlike Alipay or WeChat Pay.

Emerging Asian banks may outpace developed peers in credit gains

The Philippine and Thai infrastructure campaigns will fuel borrowing.

Chinese banks' wealth management units greenlit to buy shares

It aims to boost market confidence amidst a cooling economy.

Chinese bank loan growth to hit 13.8% in 2019

The non-financial corporate segment will drive lending gains.

China's explosive wealth boom triggers private bank hiring spree

Homegrown and international banks are aggressively hiring.

Chart of the Week: Retail deliquencies add to Chinese banks' bad loan problem

Lenders have been growing their retail units in chase of higher yields.

Small Chinese banks struggle to strike balance between curbing risk and lending

Megabanks have easier access to funding and have more stable asset quality.

UOB unveils new headquarters in Shanghai

UOB Plaza is the first office building owned by a foreign bank in the Lujiazui Financial District.

Banks are putting up a fight against China's tech titans

Although the amount of nonbank third-party payment skyrocketed 480% from 2014-2017, mobile payments by banks rose by 798% over the same period.

ICBC weathers bad loan crunch in Q3

NPL ratio dropped by 3bp YoY to 1.53%.