Retail Banking
Indonesia moves to ease bank merger rules
It would relax the requirement for acquiring banks to merge local operations into one entity.
Indonesia moves to ease bank merger rules
It would relax the requirement for acquiring banks to merge local operations into one entity.
Malaysian e-payment transactions nearly tripled in 2018
It hit 125 transactions per capita last year.
Internet-only banks threaten to wipe out Taiwanese bank earnings
Lenders already have margins that fall behind that of Hong Kong, China and South Korea.
Singapore banks face risk of rising credit costs as bad assets mount
Net new NPA formation for all three banks rose in Q2, higher than FY18 quarterly averages.
Malaysian bank earnings growth to slow to 1% as loans falter
Loans continued to trend downwards in June, falling 4.2%.
Thai banks' credit growth falls to 1% in H1 as demand wanes
Retail loan growth fell to 3.1% as auto sales and mortgage growth stumble.
Chart of the Week: Singapore's virtual banks can't rely on the branchless advantage for long
Facilities costs as a proportion of incumbent lenders' assets is only 7bps compared to 103bps.
iFAST eyes Singapore virtual banking license
The move will expand its service scope to include e-payment and lending.
Taiwanese banks struggle with muted profit outlook
ROAA from 2016-2018 stood at 0.6%.
China tightens ownership rules of unlisted banks
The move comes after the takeover of Baoshang Bank.
US dollar deposits accounted for a third of Singapore's total bank deposits in March
USD deposits rose at a CAGR of 20% over the past nine years.
International banking heads take home highest salaries in Singapore's financial sector
The average base monthly salary for this role can hit $24,000.
Chart of the Week: Philippine banks' loan growth to slow to 11% in 2019
Lending growth fell to an eight-year low in May.
Weekly Global News Wrap Up: UBS Q2 profit hits five-year-high; BofAML shells out $40m fine: report
And Spain’s Banco Santander finds refuge in the Americas.
Bankers are earning less than construction workers in Japan
The average wage of 102 listed banks and insurers dropped 1.4% since 2016.
Asian Banking & Finance Awards recognises record number of outstanding companies
More than 270 senior banking executives graced the event.
Digital wealth manager Syfe launches in Singapore after $5.2m seed round
It also got its Capital Markets Services Licence.