News
India compels banks with over 10 branches to appoint internal ombudsman
It aims to strengthen banks’ internal grievance system.
India compels banks with over 10 branches to appoint internal ombudsman
It aims to strengthen banks’ internal grievance system.
Singapore and Hong Kong private banks wage war for wealth managers to lure Asia's crazy rich
Banks are willing to offer pay hikes between 30-45% to secure the best talent.
Car loans rev up Malaysian bank lending to 5.3% in July
Consumers took advantage of the GST-free period to buy cars.
What are the key risks to buoyant Hong Kong banks?
Intricate Mainland ties are both boon and bane.
Hong Kong bank lending slows to 9.5% in July amidst threats of higher borrowing costs
This represents the slowest pace of growth in over one and a half years.
Singapore banks' loan growth up 10% in July
Lending was boosted by strong demand from manufacturing, transport, and business services.
Vietnam intensifies crackdown against bad debt
Bad loan ratio fell from 2.46% in December 2016 to 2.09% in June.
India starts moving to merge debt-ridden state banks
The government has asked the central bank to prepare a list of merger candidates.
Chinese banks shun in-house tech as they turn to Alibaba and Tencent for help
Nearly all mid-sized and commercial banks have tied up with the three tech titans.
Indian banks urged to have cyber insurance
Smaller banks have insufficient coverage which does not cover cyber heists.
Chinese big banks beat bad loan cloud as half-year profits rise
Agricultural Bank posted the largest earnings growth so far.
Google ties up with Indian banks to launch digital loan solutions
It aims to offer instant pre-approved loans to its app users.
Chart of the Week: Which country dominated Asia's cashless charge?
Mature economies like Hong Kong, Singapore, and Korea are leading the way.
Weekly Global News Wrap Up: German banks may heighten senior preferred bond sales; US moves to rewrite low-income lending rules
And two Kazakh banks just had their licenses revoked.
Will Singapore banks' digital home loans rattle incumbent proptechs?
OCBC has already scored $200m worth of home loans from its digital solution.
Vietnam cracks down on Chinese mobile wallets
Banks are not officially connected to WeChat, making it illegal in the country.
Chinese banks' asset pool hits $37t in July
Asset growth picked up at a faster pace on an MoM basis.
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