Lending & Credit

SBI aims 19-20 % credit growth

State Bank of India eyeing a credit growth of 19-20 percent in the current financial year.

SBI aims 19-20 % credit growth

State Bank of India eyeing a credit growth of 19-20 percent in the current financial year.

Danamon's Q1 lending up 23% with $11.6B

Bank Danamon fueled a 23 percent year-on-year growth in loans for Indonesia’s in the first quarter of 2012.

Banks are bullish on Malaysian SMEs

Malaysian banks have a winner in the country’s growing legion of small and medium enterprises.

Vietnam to miss target growth for business loans

Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned.

Moody’s rates Hong Kong’s and China’s banking industry

Ratings agency Moody's Investors Service affirms the stability of the banking system in Hong Kong and China.

Chinese banks cut mortgage rates

Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market.

ANZ raises mortgage rates

ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20.

Sacombank earmarks $48M soft loans for prioritized borrowers

Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012.

Other Aussie banks could follow ANZ's rate rise lead

Australia'sthree other big banks are not ruling out interest rate hikes after ANZ's rate increase on home and small business loans.

Chinese banks intensify lending

Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy.

BNI’s Q1 performance ‘on track’

BNI collected up to Rp 1.8 trillion or US$198 million in new mortgages in the first three months of 2012.

VietinBank’s Laos branch to sign $20M credit contract with telco netwrok

VietinBank’s Laos worked with Unitel on detailed agreements to prepare for signing a credit contract worth $20 million.

S.Korean banks reluctant to lend households

South Korean banks are reluctant to lend households in the second quarter due to their weaker capability to repay debts.

Will bad debts continue to hurt Chinese banks?

Reports say that China's non-performing loans surged to US$68b at the end of 2011 - is this the start of a looming credit crisis in China? Find out...

Union Bank to focus on retail lending

Union Bank will focus on retail lending and aim at improving customer service, says its new CMD, D Sarkar.

Nepalese banks' credit flow down by 5%

The credit flow of 32 Nepalese commercial banks to various sectors dropped 5 percent in the first seven months of the current fiscal year.

Philippine central bank accredits 4 rural financial institutions

The Bangko Sentral ng Pilipinas has accredited four rural banks as rural financial institutions.