Lending & Credit
CIMB Philippines launch revolving credit product REVI Credit
It can grant as high as a $5,000 credit line to customers.
CIMB Philippines launch revolving credit product REVI Credit
It can grant as high as a $5,000 credit line to customers.
Bank of China’s diverse portfolio to weather default storm over next two years
BOC’s non-performing asset ratio is expected to steadily decline in the next 24 months.
More mergers of small Australian banks imminent: analysts
Two mergers were announced in August alone, and as regulatory costs remain high, more might seek to consolidate.
Philippine lender SB Finance teams up with FinScore to enhance credit scoring power
SB Finance said it will use FinScore’s solution to predict the creditworthiness of borrowers.
Hong Kong’s ZA Bank launch new credit card repayment feature
Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.
New Zealand’s expected interest rate hike to raise banks’ profits: Fitch
However, its impact on earnings may take some time to rise as mortgages are not yet due.
Japan’s bank lending slowest in nine years: report
The slowdown reflects sluggish consumption as households hoard cash.
COVID resurgences pose risks to APAC’s structured finance deals
Deals in India, Australia, Japan, and South Korea are the ones at most risk.
India’s COVID surge to impede borrowers’ debt repayment capacity: Moody’s
The economy will return to growth by end of the fiscal year, but asset quality will remain in doldrums.
NAB buys Citi’s Australian consumer business for $882m
Citi Australia’s senior management and about 800 employees are expected to join NAB.
Over $6b of Indian banks’ loans in possible jeopardy: report
Future's botched sale of retail assets could lead to problems for State Bank of India, other lenders.
Citi Commercial Bank enables digital account opening in Hong Kong, Singapore
About 750 new accounts have been opened in four APAC markets through the new portal.
Japanese corporates’ loan demand shrunk in April-June: survey
Thirteen lenders noted that demand was moderately weaker than the preceding 3-month period.
India’s private banks to widen gap with state peers when economy rcovers: report
Investors will likely seek signs that private lenders will be able to step up lending once COVID subsides.
'Buy now, pay later' speaks to convenience as more Filipinos remain unbanked
Bypassing credit cards, the payment instalment options prove to be attractive.
China’s central bank rolls over $15.46b maturing mid-term loans: report
Fund injection is meant to keep banking system liquidity reasonably ample, PBOC said.
Mortgage loans drive up South Korean banks’ household loans in June
They also set a fresh record for half-year increase in household loan value.
Thought Leadership Centre
In Association with
Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
CIMB Niaga leads the way in captivating Indonesia’s youth
![CIMB Niaga leads the way in captivating Indonesia’s youth]()
The bank’s digital solutions are winning over younger generations with 3.2M mobile users and 96% digital transaction rate in 2023.
The bank’s digital solutions are winning over younger generations with 3.
Videos
Partner Sites
Thought Leadership Centre
In Association with