News

India unveils series of state-run bank mergers to revive debt-ridden sector

From 27, the total number of government-owned banks will be cut to 12.

India unveils series of state-run bank mergers to revive debt-ridden sector

From 27, the total number of government-owned banks will be cut to 12.

Hong Kong bank loans up 3.6% in July

The subuded pace of growth is expected to be maintained for the rest of the year.

Here's what delays the recovery of Indian banks

Troubled finance companies will hold banks back.

MAS opens applications for new digital bank licences

Interested parties have until 31 December to submit applications.

Asian banks race against time to shake up payments scene

The rise of virtual banks is intensifying competition in an already crowded arena.

How RHB Bank aims to plug Malaysia's $20b SME funding gap

The bank aims to extend $7.5b in new and additional loans for SMEs by 2021.

Big Thai banks keep payouts low to boost capital

Capital positions are well beyond regulatory requirements.

P2P money transfers take off in underbanked Myanmar

Market leader Wave Money has amassed around 7 million subscribers.

Thai banks' credit costs to fall to 1.16% by end-2019

NPL ratio has been stable at 3.9-4.0% since 2017.

Singapore banks hit average dividend yield of 4.5% in H1

DBS led the pack with a dividend yield of 4.9%.

Thai banks' loan growth may slow to 4.1% by end-2019

SME loans and mortgages will grow at a slower pace.

New prime rate mechanism poses risk to Chinese bank profitability

With narrower loan margins, some banks may turn to riskier activities to boost earnings.

ASEAN banks perform poorly in environment sustainability survey

However, banks in Singapore outperformed their peers.

Rising risks hit Indian banks as regulators call to save NBFIs

The defaults of Infrastructure Leasing & Financial Services and Dewan Housing has investors spooked.