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.

AhaPay and DirectD to offer BNPL to Malaysian tech shoppers

Malaysia has about 7.5 million active BNPL users, according to official data.