News

Singapore mortgages slow sharply as sentiment sours

Home loan growth slowed to 1.9% in January-November 2018 from 4.2% in 2017.

Singapore mortgages slow sharply as sentiment sours

Home loan growth slowed to 1.9% in January-November 2018 from 4.2% in 2017.

Taiwanese banks' year-end loans receive boost from heated consumer spending

Housing loans rose for the 22nd straight month to $226.97b.

Smaller bonuses and fewer jobs await Chinese bankers

The equity rout and ongoing trade dispute dimmed employment prospects.

The Philippines beefs up bank branch network even as Asian peers trim down

Roughly 66.3% of towns and cities have banking presence in 2018.

WeChat and AliPay still no-go in Indonesia

Bank Cental Asia and CIMB Niaga are still completing the necessary documents.

Australia's lending incumbents face threat as challenger banks enter fray

Volt Bank has finally managed to nab a full banking license.

Will India's banks sink under weight of the country's worst water crisis?

Roughly 40% of banks' gross credit exposure are in sectors with significant water risks.

Vietnamese banks continue to grow consumer lending arms

Techcombank is allowing borrowers to loan up to 10 times their monthly income.

Taiwanese banks' yuan deposits shrinks to 4-year low in December

This represents the third straight month of decline.

Korea slaps $600,000 fine on 4 global banks over forex rigging

JP Morgan Chase faced the highest penalty of $223,000.

Thai banks weather digital fee waiver as 2018 earnings rise 8.2% to $6.69b

TMB Bank outperformed its peers as yearly profit surged 34%.

Chart of the Week: Singapore mortgage loans to grow 3% in 2019

The cooling measures will temper borrowing activities.

Korean banks' 2019 profit to slow to $8.66b as home loans take hit

Residential property prices have been losing momentum.

Singapore banks' innovation labs struggle to retain talent

Their tasks may be clashing with the banks’ in-house tech teams.