Financial Services

How can blockchain unblock Thai banks' trade finance slump?

Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.

How can blockchain unblock Thai banks' trade finance slump?

Banks are pooling resources to break growth ceilings with the planned development of a blockchain-powered trade finance platform.

Here's how UOB plans to raise returns

Its return on equity could only hit 12% if its net interest margin maintains an upward trend.

2 in 5 Singaporeans open to going cashless for up to three days: study

Residents are carrying less cash as they turn to card and contactless payments.

Banks poised for widening NIMs

DBS and UOB posted sequential 5bps and 3bps widening respectively in Q1.

Changes must be made if Singapore is to stay ahead of the curve in cryptocurrencies

Ravi Menon, managing director of the Monetary Authority of Singapore recently claimed: “I do hope when the fever has gone away, when the crash has...

Vouch Insurtech incentivises safe drivers

Members who don't make claims can enjoy up to 15% cashback on annual premiums.

Spackman pushes for listing of two Korean subsidiaries

The company is merging Novus Mediacorp and Frame Pictures into a combined entity.

MAS collaborates with three agencies to accelerate AI adoption in finance

The regulatory body has partnered with the EDB, IMDA and IBF.

OCBC profit up 29% to $1.11b in Q1

Higher income from wealth segment and loan related activities buoyed earnings.

Sluggish approval rates dampen loan growth in Malaysia

Loan approvals on a 3M MA basis fell from 12.6% to 5% in March.

Growing property exposure pose risks to Philippine banks

CAGR of real estate loans stand at 22% from 2012-2017 versus overall loan growth at 17%.

India's private banks profit from demonetisation drive

The country’s ultra wealthy are shunning property and gold and turning to equity and debt investments.

Chinese banks' assets plunge to single digits in 2017 as loans take over

Intense shadow banking crackdown has reinvigorated on-balance-sheet activity.

Can tighter oversight rein in risks in Singapore's booming invoice finance market?

The industry’s unregulated nature renders investors vulnerable as revealed by a massive S$6.9m fraud case.