News
Philippine banks on alert following Malaysian cyberattack
The central bank cautioned local banks especially during the long holiday.
Philippine banks on alert following Malaysian cyberattack
The central bank cautioned local banks especially during the long holiday.
Singapore banks' loan growth hits 3-year high
Higher credit card and car loans pushed bank lending up.
Myanmar now lets foreign banks provide export financing services
Still, they are prohibited from providing basic retail transactions amidst the reform.
Chart of the Week: Here's a historical look at China's domestic banking assets
Claims on the corporate sector represent 36% of loans.
Weekly Global News Wrap Up: Exodus of banks in London looms after Brexit; Deutsche Bank looks for new CEO
And Wells Fargo's 4 top risk management execs to retire.
Is Islamic financing the future of Malaysian banks?
It grew 10.3% unlike conventional banks which rose marginally by 1.7% in 2017.
Indonesia imposes new capital surcharge for top lenders
Banks must deal with surcharge of 1% to 3.5% of risk weighted assets.
China's big banks profits surge 4.9% to $30.5b in 2017
ICBC, CCB, and Agricultural Bank of China all posted improved profitability.
Korean banks net income rose 23.9% to $807m in 2017
Cash inflow from overseas business in China ballooned 389.3% to $110.9m.
Singapore banks net profit surge 27% in Q4 as they embrace fintech
The country is home to 39% of fintech firms in the ASEAN.
China banks poised for profit as combined net income to rise 8% in 2018
A recovering domestic economy is boosting loan demand.
Japanese banks' US dollar assets balloon 88% to $2.5t in 2017
They have become the most significant, non-US dollar banking player in terms of size.
More than 70 delegates graced the Retail Banking Forum 2018 in Jakarta
The forum focused on digital transformation and emerging technologies.
14 Thai banks collaborate to develop shared blockchain platform
The banks make up the Thailand Blockchain Community Initiative.
9 in 10 Singaporeans want to use fingerprint and facial recognition in banks
Only 1 in 5 are currently using the technology in banking services.
Weekly Global News Wrap Up: Societe Generale enters Australia; Fed agents question Wells Fargo WM employees
And US SEC awards Merrill Lynch whistleblowers $83m.
Chart of the Week: Here's how the younger generation in China pushes fintech growth
They are likely to help the continued penetration and popularity of e-payment systems.