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Indonesia steps up efforts to centralise payment system

Bank Indonesia is campaigning for the shift to the National Payment Gateway card.

Indonesia steps up efforts to centralise payment system

Bank Indonesia is campaigning for the shift to the National Payment Gateway card.

Could banks be the saving grace of Singapore's rattled equities market?

Banks have posted a healthy set of Q2 results despite bleak market conditions.

Credit card spending in Taiwan hits $47.05b in H1

Purchases via credit card nearly hit the $200b in all six months except February.

Ailing Indian banks shore up on fees from non-maintenance of minimum balance

State Bank of India led the pack in collecting customer penalties.

Singapore retail and wealth banks shun digital as they ramp up Q2 hiring

Relationship managers in bancassurance were in hot demand.

Japanese banks jumpstart SEA expansion in bid for survival

Juroku Bank and Ashikaga Bank opened a Hanoi and Bangkok unit.

Australia's big banks defy mortgage hike trend

ANZ and CBA have lowered their mortgage rates to boost lending.

Malaysian banks loan growth remains dismal at 5% in June

Working capital loans failed to recover fast enough.

New AM rules to halt rapid slowdown in Chinese bank credit

Authorities are softening the impact of deleveraging through looser guidelines.

Bloated corporate loan books drag down Philippine banks

The retail loan segment offers a way to diversify their lending.

Thailand's Big 4 onboard SWIFT gpi for faster cross-border payments

They join around 10,000 other banks on the platform.

South Korea to allow payment via QR code by 2019

The central bank is aiming to create a local version of Alipay or WeChat Pay.

Myanmar to allow 13 foreign banks to offer import financing services

Only trade financing was previously allowed for foreign lenders.

Hong Kong trails behind Singapore in ease of bank account opening for non-locals

Startups, SMEs, and foreign nationals lament the inefficiency.

Hong Kong bank loans up 0.9% in June

IPO loans worth $1.95b drove lending gains.