Hong Kong
Half of Hong Kong bank users willing to give third-party data access in open banking boost
They are more open to the tech than Australia and UK users.
Half of Hong Kong bank users willing to give third-party data access in open banking boost
They are more open to the tech than Australia and UK users.
Hong Kong banks' 2019 loan growth cut to 2% as trade and mortgage loans take hit
Lending to Mainland firms has been trending downwards to 6.1% in September 2018.
Hong Kong banks loan growth rebounds 5.2% in November
Business sentiment recovered mildly as corporates ramped up borrowing.
More than half of Hong Kong banking professionals willing to work in GBA cities
Those employed in senior management positions are the most willing to transfer.
Chart of the Week: Australia and Hong Kong banks hit by negative property sentiment
The decline in property prices may drive loan impairments up.
Hong Kong cuts down a third of virtual banking applicants
They failed to submit sufficient information on authorisation criteria.
Hong Kong's open banking movement lures interest beyond retail
SMEs and corporates also acknowledge the merits of the pivot.
HSBC installs ‘dementia' specialist staff in Hong Kong
They will assist the elderly with their finances.
Hong Kong banks make do with falling loan growth as earnings lifeline
Gains from Chinese business will remain limited.
Hang Seng Bank beefs up fintech capabilities in Tencent tie-up
They will develop a remote account-opening solution.
Hong Kong banks' loan growth eases to 2% in October
This represents the fourth straight month of decline.
Asian banks rev up fintech partnerships to keep China's tech titans at bay
Incumbents are launching VC arms and innovation labs to avoid being outpaced.
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.
Hong Kong's Faster Payment System processed 1.58 million transactions in October
The value of Hong Kong dollar-denominated transactions hit $33.29b.
Do Hong Kong banks have reason to fear as Chinese lending accelerates?
Mainland Chinese exposure accounted for nearly a third of total assets.
Hong Kong bank loan growth may halve to measly 3% in December
The steep decline is partially due to higher interest rate environment.
Hong Kong's blockchain-powered trade finance platform goes live
eTradeConnect will digitise the paper-intensive process.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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