Retail Banking
China urges banks to ramp up government bond purchases
Regulators may scrap the 20% reserve requirement.
China urges banks to ramp up government bond purchases
Regulators may scrap the 20% reserve requirement.
DBS and Singtel team up to boost e-marketplace for SMEs
They aim to instantly connect SMEs to an e-commerce platform onboard the 99%SME site.
AMBank profit up 5.9% to $84.93m in Q1
Expenses fell 7% to $125.19m amidst the bank’s efficiency programme.
Weekly Global News Wrap Up: Greek banks' bad loan exposure nearly half of GDP; Canada banks can expect 10% Q3 profit gains
And FBI has notified US banks of a looming cyberheist.
The full-fledged recovery of India's banks hinges on privatisation and mergers
Overseeing 21 public sector banks has proven too difficult a task for the government.
Growing bad loan burden dims Chinese banks' H1 profit outlook
Profits of the country’s top five banks are expected to rise around 4.7% to 7%.
How banks can prepare for the worst
Why do banks in Asia and the rest of the world have so much trouble managing operational risk?
Here's why foreign bank ownership cap is a boon for Vietnamese fintech
Investors may tie up with fintechs instead of banks.
The Philippines steps up rural bank shutdowns
A total of 10 smaller banks were closed in 2018 alone.
China's shadow banking assets plunged to $393.40b in H1
It crashed from a peak of $9.16t.
Hong Kong central bank slaps $5m fine on Shanghai Commercial Bank over money laundering breaches
SCOM failed to monitor its relationship with 33 customers with suspicious transactions.
South Korean banks' foreign currency deposits rebounds to $68.51b in July
A surge in euro-denominated savings boosted foreign deposits.
Vietnam steps up efforts to boost weakened banking sector
The government aims to have up to five banks listed on foreign bourses.
MUFG Bank eyes cutting domestic ATM network by 20% to 6,700
Online sales and cashless payments will fill in the gap.
Westpac appoints Craig Bright as chief information officer
He previously served as chief technology officer of Citigroup's global consumer bank unit.
Chinese banks' new loans hit $211b in July
The central bank has been encouraging lenders to step up lending.
Malaysia Public Bank profit up 4.8% to $341.84m in Q2
Its Islamic banking unit performed strongly.
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