Displaying items by tag: core banking

As the Indian economy grows rapidly, there is an opportunity to bring ever larger number of Indians into the banking mainstream through both public and private banks.

Published in India Banking Research

On October 14, HNA Usolv, a cross-border trade solutions provider under the brand of HNA Group, signed a cooperation agreement with CRIF, one of the leading European credit information companies.

Published in China Banking Research

On Aug 12th 2016, the People’s Bank of China (PBOC) issued license extensions to the first group of companies in China to ever receive a third party payment license five years ago.  It was a long wait for the 27 firms. Their licenses, including those of industry giants Alipay and China UnionPay, had expired 78 days ago. 

Although China’s newly issued April export/import data may be worrying on its face, when examined from a different angle, it may tell a more positive story.

Published in China Banking Research

NPAs (non-performing assets) as a percentage of total banking credit in the Indian banking industry has increased to nearly 5% in 2015. This has essentially come from the public sector (state owned) banks (PSBs). 90% of the NPAs in the Indian banking industry are attributable to these banks.

Published in India Banking Research

As Italy’s economy is struggling to find growth opportunities, well-off Chinese immigrants and businessmen seem to do well in the country. Chinese individuals are reported to be buying everything from fancy cars to real estate and are opening small businesses. But according to local government, their prosperity was not reflected in the local tax records to the extent the government expected it to be.

Published in China Banking Research

A whole generation of ordinary Chinese have been neglected in terms of wealth management and banking with high minimum investment thresholds or VIP-only products preventing only a select few from getting access to traditional wealth management products. Alibaba and Tencent have brought innovative internet finance based services such as Tenpay or Alipay to the market and have further opened up wealth management to an entire new segment of the market with 'mass-market' wealth management products. China’s e-commerce powerhouse Alibaba now is after banking industry.

Published in China Banking Research

Accenture recently released its Accenture North America Consumer Digital Banking Survey for 2015. One of the findings was that banks run the risk of being seen as a 'utility' to their customers. Could the same thing happen in China?

Published in China Banking Research

It appears, as the WSJ reported, that the implementation of China's controversial banking technology rules has been paused for the moment. But what can we expect in the future?

Published in China Banking Research

China's P2P industry, which is technically a shadow banking / lending channel, continued its explosive growth in 2014 as 1,200 new platforms launched and transaction volumes grew 2.39 times as compared to 2013. At the same time the number of platforms suffering serious problems was 275, up 260% from the year before.

Published in China Banking Research
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