Lending & Credit
Atome Philippines secures $81.1m loan from AUB to expand PayLater card
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.
7 minutes 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.
32 minutes ago
Mortgage demand lifts Korea’s household loans by $5.05b in June
Unsecured loans rose, whilst leasehold deposit loans declined.
1 hour 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.
6 hours ago
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.
7 hours ago
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.
3 days ago
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.
5 days ago
APAC syndicated loans hit 13-year low as firms seek cheaper funding
SEA lending activity slowed considerably, LSEG said.
5 days ago
AhaPay and DirectD to offer BNPL to Malaysian tech shoppers
Malaysia has about 7.5 million active BNPL users, according to official data.
6 days ago
How quickly will Hong Kong banks recover from commercial property losses?
Most problem property loans have already surfaced, but risks remain.
6 days ago
Banks can turn climate compliance into a competitive edge: McKinsey
Many banks are still unable to trace and measure their financed emissions.
6 days ago
Malaysia bank loans up 5.7% in May on record business loan growth
Utility loans grew 38.1%, whilst household loans sustained its 5.5% growth rate.
Indonesian banks' strong profits hide widening lending gap
There is also a gulf in banks’ high loan growth and low interest income growth.
Philippine banks brace for more bad loans and less profit
Fitch also flagged the rapid expansion in unsecured credit card receivables.
Filipino borrowers halve since 2021 as debt aversion grows
Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.
Singapore’s Ant International takes embedded finance arm Bettr to Brazil
The QI Tech deal expands SME lending and BNPL in Brazil.
Taiwan SME loans rise $2.27b in April with bad debt ratio improving
Average NPL ratio was 0.20% and lower than in March.
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Banks can respond by moving toward a hybrid advisory model.
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
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC