Retail Banking
BPI targets growing its SME and retail arm
It aims to double its $1.63b in SME loans in three years.
BPI targets growing its SME and retail arm
It aims to double its $1.63b in SME loans in three years.
Higher loans buoy profits of Chinese state banks in Q4
ICBC, CCB, and ABC achieved the strongest expansion in net interest income.
Negative interest rates batter small Japanese banks hard
Bad loan ratio stood at 1.8% in September 2017 versus 0.7% for massive banking players.
Thai banks bear the brunt of lower SME lending rates
TMB and KBANK are poised to suffer the most should they opt to accommodate SMEs.
ICICI Bank unveils cross-border remittance service via social media
‘Social Pay’ will be available on the banking app Money2India.
China's big banks turn to short-term financing to offset deposit woes
Issuance of negotiable certificates of deposit ballooned to $68b in Q1.
Higher operating costs loom over Philippine banks in 2018
Investments in necessary IT infrastructure are setting local banks back.
Singapore banks' 3-month SIBOR up 1.51% at end-March
Fixed deposit rates from Singapore banks rose concurrently by 17-30 bps.
Hong Kong banks' loan growth poised to crash to 14% in 2018 as property prices falter
Cooling measures are kicking into effect in the city's heated housing market.
Weekly Global News Wrap Up: Barclays to pay $2b fraud fine; Should Deutsche Bank reduce its US business?
And US Treasury supports easing raps on banks not lending to the poor.
How can Thai banks cushion the cost impact from waived digital fees?
Fee waivers could cost the banking system as much as $288.45m in foregone revenue.
Scaling down: Australian banks are pulling out from Asia
CBA is tapping on advisors as it mulls the sale of its Indonesian life insurance business.
Should Japanese banks consider mergers to combat profit woes?
A shrinking population and negative interest rates are hitting banks right in the gut.
Korean banks' loan delinquency rate inches up to 0.48% in February
Newly delinquent loans outnumbered resolved ones.
Singapore banks set to co-write guide for ethical use of AI
The guide, to be developed by MAS, is targeted for completion by the end of 2018.
China Construction Bank's profit rose 9% to $6.5b in Q4
Net interest margin expanded 2.36% as credit card loans and consumption loans performed strongly.
Citibank Thailand to acquire TISCO's credit card and personal loans portfolio
The total portfolio is expected to include over $150m in receivables.