News

Australian banks cut term deposit rates amidst cheaper funding

About 130 interest rate cuts were recorded in individual term deposit products in March.

Australian banks cut term deposit rates amidst cheaper funding

About 130 interest rate cuts were recorded in individual term deposit products in March.

Chart of the Week: Japanese banks' real estate loans hit record high as risk appetite grows

Loans to the real estate sector as a share of GDP hit 14.4% in late 2018.

Indian banks grapple with $10m liquidity crunch

Lower government spending and higher cash withdrawal contributed to the deficit.

Unlicensed investment banks cash in on Korea's bond issuance spree

They earn more than $17.6m in fee income annually without being required to pay taxes.

Taiwanese banks' yuan deposits up to $42.34b in March

RMB deposits held by offshore banking units rose by $200m to $5.06b.

UnionBank's Ana Delgado shares the secret to delivering superb customer experience

Learning, unlearning and relearning at a time of disruption is key.

Chart of the Week: AI business value for APAC banks to hit $98b by 2030

China, Japan, South Korea and Singapore will drive demand over the next 10 years.

New licensing rules may wipe out P2P lending in China

Stricter requirements may leave just 100 surviving players out of over 1,000.

Why you shouldn't miss ABF Retail Banking Forum 2019

Hear from the region’s top banking execs on how to stay ahead of changing industry trends.

Vietnam tops global mobile payments growth in 2019: study

Its 24 ppt growth rate toppled its Southeast Asian neighbours.

3 in 5 Singaporeans willing to share data for cheaper banking products

Users are willing to share data on their income, location and lifestyle habits.

Singapore bans reps from HSBC and UOB over fraud

Their cases involved deception, sales of fake products, and forgery.

700 banks to join Japan's nationwide smartphone payment service

It will launch in October which coincides with the October consumption tax hike.

Will India see more smaller bank acquisitions?

The proposed merger between Lakshmi Vilas Bank and Indiabulls Housing Finance could be the catalyst to change the tide.