Singapore

Lenders still need to launch extensive Basel implementation plans.

Lenders have one more year of relief amidst previous approvals they drew down.

The scheme will allow users to top up through eNets and transfer funds via FAST.

Regulators are eyeing the same set of capital guidelines used for conventional assets.

And an Islamic banking entity with about $92b in assets may be in the works. From Bloomberg: The biggest banks’ push into mobile is running out of low-hanging fruit. Bank of America Corp. added active mobile customers at a slower pace for at least the fourth quarter in a row in the three months through June. JPMorgan Chase & Co.’s active mobile customers increased 2.4 percent in second quarter. A year earlier, the jump was 4.1 percent.

Every 10bps rise in SIBOR could offset a 1ppt slowdown in loan growth.

Foreign investors are allowed to acquire up to 35% stake in local firms.

Over 250 trophies were awarded to winning banks and insurers.

And here's how Citi's hoping to lure deposits without opening branches.

Some banks have been reportedly scrapping fixed deposit linked packages in favor of Sibor pegged packages.

This comes as a welcome development amidst slower loan growth.

Mastercard donated 10 pieces of the reader to the department.

UOB may bear the brunt of the fallout due to its greater property exposure.

Growth was driven by the insurance and fund management industries.

And a Maltan regulator has pushed for the withdrawal of Pilatus Bank's license.

Bank of India is fast outpacing Japan's mega-banks.