South Korea will witness the creation of its first internet bank by the end of 2015. How is this going to disrupt the banking sector, and how are conventional banks dealing with slow growth and quantitative easing? Stefania Palma reports.
Latest articles from Stefania Palma
Korea’s regional banks power ahead
December 1, 2015How are South Korea’s regional banks dealing with the low-interest-rate, low-growth environment? Stefania Palma looks at two banks that are using their strong links to the country’s real economy to outperform some of their bigger peers.
CCB chairman lauds the bank's big leap abroad
December 1, 2015China Construction Bank chairman Wang Hongzhang discusses China's economic slowdown, the lender's international expansion, the possibility of a Brexit and China's new tech banks.
How sustainable are India's public sector banks?
November 2, 2015India's public sector banks remain the weakest link in the country's banking industry. How are the central bank's repo rate cut and the government's capital infusions affecting these lenders?
Norinchukin Bank looks overseas to escape Japanese torpor
October 1, 2015The poor state of Japan's farmland, fishing grounds and forests should spell bad news for the co-operative financial operation that traditionally caters to these fields – Norinchukin Bank. However, as its CEO explains, the lender's overseas activities and the country's thirst for innovation have seen it post record profits recently.
Beyond the big three: how Japan's smaller banks are faring
October 1, 2015Aside from its three mega-banks, Japan has a financial network that includes shinkin banks, co-operative banks and city and regional institutions. Stefania Palma explores how each is responding to Japan’s economic slowdown given their different mandates, structures and resources.
Japan’s smaller banks: a different kind of reinvention
October 1, 2015Narrower scopes, smaller balance sheets and limited global footprints are not stopping smaller Japanese banks from reinventing themselves at a time when diversifying revenue sources is key. Stefania Palma assesses their progress.
Has the renminbi's internationalisation rise been thrown off course?
October 1, 2015The renminbi is now the world's fifth most popular international payment currency, and has the fourth placed Japanese yen in its sights. Financial policy reform and the introduction of new clearing centres have been crucial to this rise, but will the troubles the Chinese economy has experienced in the past few months derail its progress?
Japan’s mega-banks: a different kind of growth story
September 1, 2015Japan's mega-banks – Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group – have faced a number of challenges over the past few years, from the country's low-interest-rate environment to its ageing population. However, by diversifying their revenue sources and geographical portfolios, these lenders are managing to defy stagnant domestic conditions.
Will China's New Silk Road progress smoothly?
September 1, 2015China's One Belt, One Road initiative – building a new Silk Road between western Europe and China's east coast as well as improving the Maritime Silk Road – will be a major game changer for international trade. Stefania Palma assesses its possible impact.