Lending & Credit
BSP raises salary loan repayment cap to seven years
BSP raises salary loan repayment cap to seven years
The seven years is the maximum tenor and not a fixed loan term.
5 minutes ago
Gold loan rules to hit Sri Lanka’s finance firms harder than banks
New rules order both to adopt similar risk weightings.
1 day ago
Korean household loan growth triples on Seoul mortgage demand
There was an increase in housing transactions in Seoul.
1 day ago
Aussie mortgage holders spending less as higher rates bite: CommBank
They bucked the trend of Australian households spending more in May.
3 days ago
SME Bank nets $9.9m from zakat entrepreneur programme
The Malaysian lender said that its programme services nearly 1,000 entrepreneurs.
3 days ago
APAC NBFI refinancing needs rise to $758b but risks stay contained
Most NBFIs should have adequate refinancing access and funding conditions, Fitch said.
4 days ago
Thai cash handout to lift finance company debt collection and asset quality
The campaign will boost mid and low-income earners and alleviate their cost of living.
Investment banks handle $61.2b Asia-Pacific share sale boom
China raised $37.8b and accounted for 61.7% of regional proceeds.
Credilab gets Malaysia nod for online lending
It targets to approve and disburse loans in as fast as five minutes.
UBS slashes Asia ESG office by half
Its Asia team now has just three employees, sources said.
Philippine banks dodge Middle East risk but corporate debt is the backdoor
Foreign reserves and prudent FX intervention serve as important buffers, BSP said.
PH bank lending accelerates to 11.4% in April on business demand
Consumer loans continued to show growth but moderated from March levels.
Malaysian bank asset quality holds but bad loans seen rising to 1.5%
The acceptance rate for repayment assistance remains low, said CGSI.
Sri Lanka cuts vehicle and gold loan caps to strengthen lender buffers
Motor car financing LTV cap is lower to 60%, whilst gold-backed lending LTV limit was reduced to 70%.
NAB and IBA launch guarantee for First Nations business loans
IBA will guarantee up to 50%.
Laxmi Sunrise Bank secures $25m loan to fund Nepal's MSMEs
Nearly a third of that money is expected to support women entrepreneurs.
China new yuan loans shrink $1.47b in April as credit demand stalls
Loans remained concentrated on policy-supported sectors, according to Fitch Ratings.
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