Lending & Credit
UOB plans doubling cross-border business lending
The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.
UOB plans doubling cross-border business lending
The lender has set up a Foreign Direct Investment Advisory unit to drive the increase in business.
ABC firms up support for Xinjang development
Chinese banks and neighbor banks should enhance cooperation between Asia and Europe amd the rapid development of Xinjang, said Mr. Che Yingxin...
Korea's loan delinquency rate up in August
South Korean banks' loan delinquency rate rose for the second straight month in August from a month earlier.
Household loans in Korea finally down after 8 months
Household loans from banks are down in South Korea for the first time in eight months in September as lenders try to curb growing household debt. Ko...
Chinese banks extend lending to small firms
Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply.
Vietnam’s Agribank unhampered by bad debts
Agribank said it faces no finacial problems even as 6.67 percent of its total loans are bad debts.
UOB, OCBC lend $105M to Yinson Securities
Yinson Holdings has signed agreements with UOB Group and Oversea-Chinese Banking Corp Ltd for a US$105 million or RM334.2 million loan.
Banking Amendment Bill positive for Australian banks: Moody’s
The proposed amendments would allow banks, credit unions and building societies to issue covered bonds in the Australian market.
Australian banks grab majority share of new home loans
Most non-bank lenders were absorbed by giant banks after the financial crisis.
Citi opens fourth lending company in China
Chongqing Beibei Citi Lending is the bank’s first lending company located in the western region of China.
Bank of Communications mulls issuing $4.1bn subordinated bonds
The CNY-denominated bonds seen to be released by mid-October.
HSBC mulls boosting India unsecured loan retail unit
The lender keen to execute the plan in a cautious and calibrated way despite plunge in profit.
OCBC Malaysia goes for $1.28bn SME loan disbursement this year
The lender and its local rivals are currently searching for good SMEs with export potentials.
India's housing bank raises provisioning requirement for doubtful assets
The National Housing Bank raised the provisioning requirement for doubtful assets up to 100% while directing housing finance companies to set aside 0...
ICBC post growth in SME loans in midwest and northeast China
ICBC increased its loans to small enterprises in the Midwest and Northeast China in the first seven months from 65.6% or 155.2% respectively against...
Agribank leads Vietnam banks in bad debts with 5.68% at end-June
Agribank, Vietnam's largest state-owned bank, recorded a non-performing loans rate of 5.68% of its total outstanding loans as of June 30.
Hong Kong banks’ loans to mainland entities exceed 20%
This means that a slowdown and liquidity squeeze there could impact the banks’ asset quality in China.
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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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