Lending & Credit

Singaporean SMEs want their own bank

Bank will focus financing small- and medium-enterprises. SMEs have renewed their call for a bank that will focus on providing financing to their...

Singaporean SMEs want their own bank

Bank will focus financing small- and medium-enterprises. SMEs have renewed their call for a bank that will focus on providing financing to their...

China launches online credit information service

Service began Oct. 28. Chinese living in nine provincial-level regions (including Beijing and Guangdong) can look up their personal credit reports...

Asian countries plan tougher oversight on western credit rating agencies

Meet in Tokyo to consider slashing reliance on raters. Asian countries discussed efforts to decrease their "mechanistic" reliance on western credit...

Mizuho to punish bank executives over loans to gangsters

Scandal taints group president Yasuhiro Sato.

AgBank dumping bad assets

Has highest NPL ratio among all 17 publicly traded banks.

India lends US$2.29 billion to public sector banks

Bonanza to be followed by a second tranche in early 2014.

Chinese banks face fresh wave of massive defaults

Big Four triple debt write-offs as hedge. China’s largest banks have tripled the amount of bad loans written off in the first half. Industrial &...

Bank of China boosts presence in Latin America and the Caribbean

Partners with the International Finance Corporation.

Japanese banks get tougher on gangster money

Team-up with police to share information.

Bank of Beijing offers faster tourism loans

Caters to rapidly growing tourism market in China.

Shadow banking now 40% of China’s GDP

Its the fastest-growing segment in China’s financial sector.