Retail Banking
Australian banks speed up Asian retreat as competition and oversight mounts
Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.
Australian banks speed up Asian retreat as competition and oversight mounts
Amidst tighter regulatory pressures, analysts weigh in on whether Asia is still a market worth conquering.
Are ecosystems the key to boost bank returns?
Networks of ecosystem partners and access to more data lower costs of customer acquisition.
Bank Negara Indonesia profits up 13.3% to $258.48m in Q1
Interest income, fee income, and loan recovery buoyed quarterly learnings.
Kasikornbank profits up 6% to $338.82m in Q1
The bank was able to keep a lid on its bad debt with NPL ratio closing in at 3.3%.
Bangkok Bank profits up 9% to $285.08m in Q1
Core operating revenue also grew across major items.
HDFC Bank loan growth hits 19% in FY18 as retail business outperforms
Loans particularly auto, credit cards, and business banking charged ahead.
TMB Bank profits up 9% to $72.44m in Q1
Net fee income, which surged 35%, buoyed quarterly earnings.
Weekly Global News Wrap Up: UBS wealth management underperforms in Q1; Embattled Wells Fargo faces shareholders and protestors
And Nigeria’s central bank has injected $210m into the interbank foreign exchange market. From Reuters: Swiss bank UBS disappointed investors on...
Chart of the Week: Check out which countries have the largest unbanked populations
Two Asian countries snagged the top two spots.
OCBC loan growth poised to hit 7.9% in Q1
Strong corporate demand especially in real estate and hospitality industries are poised to drive growth.
Bank account ownership in India surges to 80%
The Jan Dhan Scheme has brought an additional 310 million people into the banking system.
MUFG appoints Janice Chua as managing director and head of Asian operations division
MUFG Bank has appointed Janice Chua as managing director & head of Asian Operations Division (AOD).
India's banking woes dampen economic outlook
The banking sector is saddled with $210b in problem loans. Bloomberg reports that India’s chronic bad debt problem has spiraled beyond the control of...
Hong Kong banks scrap fixed-rate mortgages as interbank lending rates surge
HSBC and BOC have stopped offering the popular loans whilst ICBC will stop on May 1.
Amazon's big plunge into banking
Banks that focus on customers over products have the best shot at standing up to Amazon's juggernaut when it steams into their market.
Indonesia makes headway in curbing its unbanked population
Almost half of adults now have a bank account, up from a fifth in 2011.
Will the looming property slowdown set back Hong Kong banks?
Loan growth is expected to slow in 2018.