Retail Banking
Hong Kong banks' loan growth slows to 3.03% in February
Trade finance loans fell for the sixth straight month to $60.86b.
Hong Kong banks' loan growth slows to 3.03% in February
Trade finance loans fell for the sixth straight month to $60.86b.
Singapore bank loans grew 3.3% in February
However, consumer loans grew at the slowest pace since at least 2005.
Online hiring in Singapore banks up 12% in February
Job seekers must be passionate about consumer tech.
Japan Post Bank doubles savings cap
Customers can now deposit larger sums of money.
Bank Negara Indonesia opens strong as loans grow 18% in January-February
Investment loan growth hit 14%.
Malaysian banks' pre-tax profit hits $9.04b in 2018
Sector earnings grew at a slower pace due to higher MFRS9 provisions.
OCBC sets up board committee on ethics and conduct
It will be chaired by OCBC bank chairman Ooi Sang Kuang.
DBS CEO Piyush Gupta's pay rose 15.5% to $8.62m after record-high earnings year
The CEO also saw a $3.31m cash bonus.
China Construction Bank's Q4 profit falls to $6.02b
This represents the first quarterly decline in three years.
Chart of the Week: Loan re-pricing boosts Singapore banks' interest income
The net interest income of DBS and UOB may rise 9.3% and 7.4%.
Chinese megabanks extend profit decline as credit boom fades
Shanghai- and Shenzhen-listed banks are likely to see 6.7% increase in profit.
Chinese banks to offer preferential services for military personnel
ICBC, Bank of China and the Agricultural Bank of China are amongst the lenders offering discounted services to armed forces.
Bank Rakyat Indonesia profits from double-digit share price gains
Share price has risen 10%YTD which could translate to a 2019 net profit of $2.46b.
Alliance Bank Malaysia set to outpace sluggish industry growth
Its loans could grow 6% in FY20 and NIMs could expand 5bp.
Bank-backed asset securities in China hit $131.12b in 2018
Almost 30 banks have unveiled plans to set up WM units following clearer policies.
Shinhan Financial Group pledges $40.52b in corporate loans by 2023
The group is also aiming to increase VC fund to $123.32m.
Singapore halves prohibition orders against former Citibank employee
The prohibition order for Zheng Xuemei has been reduced to one year.