Lending & Credit

Tharman reappointed MAS board chairman

He will serve until May 31, 2015.

HSBC developing tailor-made financial services

Targets are Chinese companies planning overseas ventures in Europe.

Urgent action needed to solve China’s massive debt problem

Inaction could result in a damaging hard landing for the economy.

Galaxy Securities takes in US$1.07 billion from HK IPO

It’s one of Hong Kong’s largest deals since late 2012.

BOC Hong Kong backs SME financing

Launches privileged guarantee fee subsidy.

Philippine banks' real estate exposure reaches PHP821.7b

It surpassed the 20% cap on real estate loans.

Bank funding for Korean firms in India eased

Banks sign memorandum of understanding to support SMEs.

Top Chinese banks flunk government audit

Two Big Four banks cited for improper financial management.

Bank loans fall 33% in April

Money supply rises 16.1%, however.

BoCom to allow conversion of Aussie dollar into renminbi

Conversion to begin in 2014 as part of the renminbi’s internationalization.

Bad loans up, asset quality down for big Chinese banks

Fourteen of 16 banks report rise in bad loans.

Indian banks’ retail credit rises 14.5%

Economic slowdown forces banks to push retail loans.