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...
Check out how property-centric Hong Kong's banking system is
Half of all loans are linked to property.
China will expand pilot consumer finance program
Ten more cities will be added to program.
Mizuho Bank chairman, other executives resign over yakuza loans
President fined but not fired.
China launches new benchmark lending rate
Part of stepped-up market reforms.
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.
Malaysia to toughen law against money laundering and terrorism financing
Amendments will be tabled in parliament this year.
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.
2 in 10 Singaporeans oblivious to the need to activate credit cards for overseas use
24% don't even know how to do it.