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Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
Singapore bank loans grow 3% in December
Business lending grew to 4.1% even as loans to consumers softened.
Indonesia gears to set up mega-lender to oversee 40% of banking assets
The four state banks will be put under the holding company, PT Danareska.
South Korean banks' forex turnover hits decade-high at $55.51b in 2018
Strong capital inflow boosted yearly figures.
APAC banks feel left behind by Western peers in AI: survey
Two in five believe that lack of available talent is holding them back.
Singapore banks rev up tech hiring to plug digital vacancies
A fifth of job postings are for employees with digital skills.
11 Indian banks to launch blockchain-linked fund for SMEs
YES Bank and Kotak Mahindra Bank are some of the member lenders.
Indonesia urged to cut bank network to 70 lenders
The bank association believes that this is the ideal number to foster competition.
Asian Banking and Finance Wholesale Banking Awards 2019 opens for nominations
Entries are accepted until April 19.
Chart of the Week: Thai banks ramp up lending to risky SMEs
SME loans accelerated to 7.2% in September 2018 from 2.4% in 2017.
Weekly Global News Wrap Up: Three-way UAE merger creates $114b banking giant; Standard Chartered slapped with $40m fine
And Kazakhstan is looking for a bank to take over its second largest lender.
Vietnam to put an end to cross-ownership at banks by 2020
The number of cases between direct share ownership between banks and enterprises fell to 4.
1MDB scandal fails to shake trust in Malaysian banks: survey
Banking is still the most trustworthy profession for Malaysians.
South Korea has no plans to issue a digital currency soon
The central bank said there is no immediate need to introduce such currency.
Singapore banks' loan growth to grind to a halt at 0.5% by end-2019
Mortgage loans and business-related loans are caving under pressure.
Chinese banks' property loan growth slows to 20% in 2018
About $3.82t went to individual purchasers.
7 in 10 Hong Kongers believe fintechs are as trustworthy as banks: survey
However, 22% admit that the former are less trustworthy than old-guard lenders.
Korean major banks to cut working hours
The move comes after the country implemented a 40-hour work week.
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