Retail Banking
Taiwanese banks move to plug money laundering shortfalls
There were insufficient safeguards in their offshore banking units.
Taiwanese banks move to plug money laundering shortfalls
There were insufficient safeguards in their offshore banking units.
South Korean banks take a breather from rapid expansion plans
Lenders will focus on domestic exposure to SMEs and households.
Small Chinese banks struggle to strike balance between curbing risk and lending
Megabanks have easier access to funding and have more stable asset quality.
Chart of the Week: Chinese bank settlement fees fall as nonbanks steal share
However, the downtrend is likely to stabilise soon.
Weekly Global News Wrap Up: Greece cracks down on $47b bad debt burden; HSBC Africa fined $1.1m
And foreigners can now own up to 25% of Abu Dhabi Islamic bank.
Thai banks' Q3 loan growth up 6.4% as consumers snap up credit
Consumer loans outpaced industry average at 8.4%.
Asian Banking & Finance bags Business/Professional Media of the Year Award - Gold at the Asia Pacific Publishing Awards
Its sister publication Singapore Business Review also nabbed the gold award for the business/professional media of the year in the Media Publishers...
Myanmar relaxes ban on foreign bank lending in sector overhaul
The rationale was to give local businesses more access to financing.
Citi appoints Fabio Fontainha as head of retail banking for Asia Pacific and EMEA
He will report to Gonzalo Luchetti, head of consumer banking for Asia Pacific and EMEA.
Singapore-based US banks beef up cybersecurity roles
JP Morgan, Citi and BAML are more vulnerable to threats than homegrown lenders.
Japanese megabanks share ATMs to prop up struggling bottomline
Users from MUFG and Sumitomo may soon be able to withdraw at both ATMs for free.
Trade tensions cut Taiwanese 2019 bank loan growth to 3.2%
Taiwan is amongst the most exposed to US tariffs on Chinese goods.
Singapore bank NIMs set to widen to 1.98% in 2020
However, this is still lower than the 2008 average.
Australia mulls higher capital requirements in new blow to bank earnings
NAB would need to increase its capital by $13.8b.
Malaysian bank loan growth up 5.7% in September
Lumpy business loans drove lending gains.
Singapore bank loan growth to slow to 3% in 2019
Trade tensions and higher interest rates will dampen borrowing.
Korean banks zero in on booming expat market
Lenders are growing their foreign currency desks.