Data suggests that 2018 was a bumper year for the digitisation of banking services, driven in particular by a big step forward in mobile phone services. The acceleration was most pronounced in Australia and the US, with European institutions lagging behind, Kat Van Hoof reports.
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Latest Section Articles
Japan’s banks set sights abroad
February 21, 2019Facing a sluggish economy, Japanese banks are looking overseas in their quest for growth, and their south-east Asian neighbours in particular have seen an influx of investment.
Thai incentives aim to spur bank consolidation
February 14, 2019In April 2018, the government of Thailand approved tax incentives for banking mergers in hopes of stimulating consolidation. Thailand’s banking sector is fragmented compared with similar-sized economies in the region, but is looking to catch up. Kat Van Hoof reports.
Venezuelan banking sector crumbles
February 7, 2019Hyperinflation, rampant poverty and a dramatically shrinking economy are plaguing Venezuela, once one of the most prosperous nations in Latin America. While official figures are scarce and often unreliable, the data that is out there paints a bleak picture for the future of the oil-rich nation’s banks, Kat Van Hoof finds.
The Top 50 Russian Banks 2019: bailouts shake the sector amid slowing growth
February 1, 2019The Banker’s Top 50 Russian banks ranking shows the fallout of several big banking bailouts over the course of 2017. There are some signs of recovery, however.
Looming Brexit savages London’s status
February 1, 2019London’s financial services industry has been badly hit by continued uncertainty over just how the UK will leave the EU. Silvia Pavoni reports.
Political stability could boost resurgent profits for DRC banks
January 31, 2019Signs of increasing political stability would be good news for the economy in the Democratic Republic of Congo and its banking sector, which has huge scope for growth. Kat Van Hoof reports.
German banks struggle to regain returns equilibrium
January 24, 2019Germany’s two biggest banks have struggled to regain their balance over the past few years. Talk of a tie-up between Deutsche Bank and Commerzbank is heating up again, though both lenders have a raft of issues to work through first. Kat Van Hoof reports.
Top 500 Banking Brands 2019
January 22, 2019Chinese banks, spearheaded by ICBC, continue to expand their brand power, steadily pushing the US and European banks out of the top spots.
Italian job unfinished, but progress is being made
January 17, 2019Italy’s banks have done well to reduce exposure to NPLs in recent years, but there remains much work to be done. Katrien Van Hoof reports.