Lending & Credit
DBS Hong Kong names Wallace Nam as head of institutional banking
Prior to joining DBS, Nam served various leadership roles in HSBC.
DBS Hong Kong names Wallace Nam as head of institutional banking
Prior to joining DBS, Nam served various leadership roles in HSBC.
Citi Philippines grants $20m loan to financially assist low-income women entrepreneurs
ASA Philippines Foundation supports 2 million women across the country.
Thailand banks’ loans up 5.3% in Q3
Corporate loans rose from a year ago and consumer loans also grew.
Malaysian banks’ asset quality to deteriorate in 2023 as moratoriums expire
NPL ratio may rise to up to 3% over the next two years.
Gap to widen between India’s public and private banks: S&P
Large private banks will outperform their publicly-owned peers, the ratings agency said.
Vietnam headed for swift credit growth in next 12-18 months
Loans may expand between 15% and even up to 30%, said S&P’s Amit Pandey.
Philippine banks’ bad loans ratio to decline in 2023: S&P
But should interest rates rise sharply, banks may face more defaults.
China’s banking sector to polarize in 2023; weak banks face failure
Overall loan growth will come below 10% in 2023, says S&P.
Bangladeshi banks face weak profitability in 2023: S&P
The COVID measures, which have yet to be relaxed, will squeeze banks’ margins.
Sound underwriting shields South Korean banks’ from housing market downturn: Fitch
Unsecured personal loans and small business loans are bigger risks.
Thailand’s KBank earmarks $5.53b for sustainable funding, loans
The bank says it will grant the funding and loans to 1.9 million small pocket customers.
South Korea’s bank loans fall by $834m in September: report
The rise in banks’ lending rates contributed to the fall.
Weekly Global News Wrap: Higher capital req’s to curb lending, says Citi exec; Interest rates may hit over 4.5%
And France’s Orange exploring “all opportunities” amidst reports it's selling its bank arm.
Expect faster credit, more government issuance in China through 2022: ING
Government spending should continue to increase in order to provide enough job stability.
Malaysia, Indonesia sukuk markets to slow in near-term: Fitch
Issuance in core markets, which include the two countries, fell 14.4% in Q3.
China new bank lending rise in September: report
Household loans rose to CNY650.3b in September.
Thai banks’ recovery besieged by inflation, weakening currency: S&P
The tourism hit has affected income levels, which would borrowers’ ability to pay.