News

Singapore and Hong Kong lead Asia's asset management charge

Their combined assets under management (AUM) hit $91.5b in 2017.

Singapore and Hong Kong lead Asia's asset management charge

Their combined assets under management (AUM) hit $91.5b in 2017.

Chinese bank credit continues to build up despite deleveraging campaign

Sustained expansion in household debt pose risks to the sector’s stability.

New loans extended by Chinese banks hit $179.51 b in May

Credit continues to build up in the system despite deleveraging efforts.

Chart of the Week: Bad loans in Malaysia inch up to 1.58% in April

The construction segment had the highest gross impaired loans at 6.96%.

Chinese fintech companies are tapping on Asia's unbanked

Indonesia and other Southeast Asian markets are the target markets.

India mulls creation of asset management company to clean banking sector's bad loans

The banking sector is burdened by over $141b in stressed assets in 2017 alone.

Vietnam banks speed up transition to chip cards

The shift from magnetic is expected to provide better cardholder protection.

Asian investment banking fees plunge to four year low after hitting $4.62b in May

However, robust deal-making activity may buoy the sector from its slump.

Thailand is developing its digital currency for interbank transactions

‘Project Inthanon’ could accelerate transaction and validation processes.

Malaysian bank earnings growth may slow 9.7% in 2018 amidst new leadership

The results of Malaysia's 14th general elections may dampen sector growth.

Bad loans at South Korean banks dip to 1.18% in Q1

Improved profits also boosted capital adequacy.

Asian banks urged to embrace fintech to slash compliance costs

Facial recognition tech might be useful to combat money laundering attempts.

India mulls consolidation of state banks

Bank of Baroda and Canara Bank may absorb smaller lenders.

Japanese mega banks expand to Saudi Arabia

MUFG is establishing a Riyadh subsidiary by October.