News

Philippine banks' 2018 earnings up 6.4% to $3.45b

Big banks recorded a 9.3% profit increase to $3.09b.

Philippine banks' 2018 earnings up 6.4% to $3.45b

Big banks recorded a 9.3% profit increase to $3.09b.

Are Japanese banks flirting with danger in hunt for profit abroad?

Foreign securities account for up to 47% of total securities suggesting a larger risk appetite.

India's massive recapitalisation still leaves banks $23b short

The government’s bailout is not enough to boost loan growth.

Chart of the Week: Singapore banks' NIMs rose to 1.8% in 2018

DBS outperformed OCBC and UOB with its NIM widening 9bp.

Should New Zealand banks brace for earnings blow amidst higher capital requirements?

Major banks would need around $4,55b if the proposal is implemented.

Asia's private banks receive income boost as discretionary mandates mount

The set-up is more lucrative than a pay per trade basis.

Japan's megabanks hit the brakes on regional expansion

Sumitomo’s loans to Asia stayed flat at $82b as it shifted focus to the US.

Indian shadow banks face cash crunch as developer defaults mount

Cash-short developers have to repay around $18.15b in outstanding debt.

Korea sets up open interbank payment network to boost fintech

Available to nonbank players, the scheme aims to lower required usage costs.

Chinese commercial banks' profit up 4.72% to $273b in Q4

The sector’s bad loans ratio fell mildly to 1.83%.

Philippine rural banks call to stop shrinking industry

Around 139 rural lenders have shut down operations since 2009.

Cash and cheques still account for 40% of Singapore payments

Hawker centres, food courts and wet markets remain heavily dependent on cash.

Japanese investment banks lose out to global players in M&A spree

US heavyweights may be in a stronger position to advise on foreign targets.