Lending & Credit
ASB Bank agrees to pay $78.89m to settle lawsuit
ASB Bank agrees to pay $78.89m to settle lawsuit
The bank maintains that “it makes no admission of liability.”
2 days ago
Subdued car sales in Indonesia dampen NBFIs’ earnings growth
Four-wheel vehicle sales are unlikely to rise above 900,000 units in 2026.
2 days ago
Chinese banks’ interest margins to compress up to 18 basis points in 2025
State-owned banks’ fee income growth is likely to be steady through 2029.
2 days ago
NAB has given out $2b in new green business loans
Demand has surged from businesses related to energy, EVs, property, and agriculture.
3 days ago
India’s consumer loan market to reach $1t in 2029
Increased disposable income is driving demand for housing, vehicles, and durables.
MoneyHero relocates Philippine office
About 24% of its unique users monthly are from the Philippines.
Why Singapore’s digital banks target gig workers and micro businesses
May SME owners use personal bank accounts due to high fees of business accounts.
High loan growth and weaker profitability weighs on Vietnam’s TPBank
Planned injection in a securities company affiliate will also weaken overall capitalization.
MoneyHero Group returns to quarterly profitability in Q2 2025
Platform membership grew 33% whilst EBITDA loss improved as well.
Regulator urges stronger standards in Australia's private credit sector
A review found opaque remuneration and fee structures, amongst other concerns.
Weekly Global News Wrap: Yes Bank ex-CEO charged; US banks cut rates
And a software used by Aussie banks’ is being tested for a possible teen social media ban.
Atome, Maya partner in $48m deal to expand lending
They will work together to extend flexible payment options to Filipinos.
BDO partners with VinFast, V-Green to boost the Philippines’ EV ecosystem
BDO will support the expansion of the three companies.
Indonesia loan growth slows with drawdown delays, NPLs under scrutiny
Malaysia-based investors are watching for signs of a recovery going into FY2026F.
GXS Bank expands SME lending after Validus acquisition
It’s also targeting Grab merchants and Singtel customers for financing.
China’s interest subsidies unlikely to boost credit demand: BofA
Loan growth for household loans and corporate loans were lower in August than a year earlier.
Taiwan’s domestic banks gave out $3.78b in SME loans in July
The NPL ratio rose by 0.01 percentage point.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
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Electronic trading proves its strength in times of volatility