News
Taiwan aims for bigger pie from Asian e-commerce boom
Here’s a wrap up of what we learned from Taiwan’s first eCommerce Expo Asia.
UOB to report a 3Q15 net profit decrease of 4% YoY
Analysts expect a profit of S$836m.
Asian banks face double trouble
Slowing regional economic growth and tight credit markets are major headwinds.
UOB CEO Wee Ee Cheong talks about ASEAN as the next engine of global growth at SIBOS 2015
He expects intra-ASEAN trade to hit the US$1 trillion mark in 2020.
Chinese deposits shift from brokers to banks and wealth management products
Total deposits grew faster by CNY0.9t MoM in Sep 2015.
Bank Negara Indonesia's net profit reaches nearly US$ 444m in the first nine months of 2015
Thanks to a spike in corporate lending.
Analysts 'bewildered' about weak correlation of DBS' NIMs to credit spreads
Weak NIMs despite a large pool of cheap deposits is also a concern.
2 things local regulators must do to improve financial inclusion in Indonesia
Allowing partnerships with multiple service providers is one.
Taiwanese banks to ramp up overseas expansion as regulation eases
Overseas investment limits were eased early this year from 40% of paid-in capital to 40% of net worth.
Australia's 4 major banks on a capital raising spree
They have raised almost AUD 16 billion of CET1 capital since May 2015.
CIMB's capitalisation the lowest among large Malaysian banks: Moody's
It deteriorated further in the first half of 2015.
How high can credit costs go for Singapore banks?
A 10 bps increase in credit costs lowers profit by 7%-8%.
Krungsri's non-performing loans predicted to grow 5bps to 2.6%
The annualized credit cost is likely to be reduced in Q3.
Hong Kong banks' system loans slipped 0.4% in August
Loans for use outside HK were down 2.2%.
Krung Thai Bank must brace for a tough quarter ahead: analysts
Net interest income will decline 4.5%.
Islamic banking in Indonesia to grow as demand for Sharia-compliant bonds rises
Year-to-date sales of retail sukuk have been oversubscribed.