Lending & Credit
Hong Kong banks near end of CRE pain but credit costs linger
Hong Kong banks near end of CRE pain but credit costs linger
A buoyant IPO market in Hong Kong is offering some relief, a market expert said.
30 minutes ago
IFC puts $100m into UnionBank to fund MSMEs and green projects
UnionBank plans to grow and diversify its sustainability assets.
2 days ago
NAB says Islamic home loans open to all faiths
It is available to people of all religions, according to an article by AAP FactCheck.
2 days ago
Krungsri rolls out loan for SMEs' larger investments
They can get up to $4.47m with a special interest rate of 3.5% for the first two years.
3 days ago
Think tank urges Japan to ditch market neutrality to fight greenwashing
Japan’s central bank should establish a green collateral framework and revise its green investment directions, it said.
4 days ago
Japan's record bank profits mask a rise in bad loans and capital pressure
The megabanks have raised their provisions amidst the Middle East conflict.
5 days ago
SeABank secures $50m OPEC Fund loan for MSMEs and climate financing
The bank will also use the funding for investments in energy efficiency, it said.
5 days ago
India's NBFCs shed two years of stress and enter earnings uptrend
An impending influx of foreign deposits will also benefit the NBFCs.
5 days ago
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
Customers use the card for groceries, food, household items, and bills, the company said.
6 days ago
South Korean SME lending slumps as bad loan write-offs slash June growth
Bank lending to large corporations rose slower in June, central bank data showed.
6 days ago
Mortgage demand lifts Korea’s household loans by $5.05b in June
Unsecured loans rose, whilst leasehold deposit loans declined.
6 days ago
Energy costs and rate hikes to squeeze Asia loan growth
Indonesia, Pakistan, the Philippines, and Sri Lanka have raised their interest rates since February.
Thai finance sector profits rise 9% in Q2 ahead of H2 loan expansion
The firms benefited from the cash handout scheme and mild ME conflict impact.
Which Aussie banks are home loan customers most satisfied with?
Customers cited competitive rates and having multiple offset accounts as reasons for their satisfaction with the lenders.
How alternative data lending is reaching Southeast Asia's unscored MSMEs
The challenge in micro-lending is that small business data does not fit into standard banking templates.
APAC syndicated loans hit 13-year low as firms seek cheaper funding
SEA lending activity slowed considerably, LSEG said.
AhaPay and DirectD to offer BNPL to Malaysian tech shoppers
Malaysia has about 7.5 million active BNPL users, according to official data.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind