Lending & Credit

Korean banks’ household loans drops in March as mortgage demand slows

In contrast, bank lending to the corporate sector increased by over KRW10t.

Korean banks’ household loans drops in March as mortgage demand slows

In contrast, bank lending to the corporate sector increased by over KRW10t.

Weekly Global News Wrap: Nomura eyes $10b US credit portfolio in 10 years; UBS CEO earned $15.9m

And JPMorgan Chase revamps investment banking and capital markets leadership.

Average interest rates of new bank deposits in South Korea declines

Interest rates of new loans are also lower in February.

Indian banks’ profits dragged by rising costs and tightening money supply 

Deposit growth and credit growth will slow, impacting banks’ margins.

GXS FlexiLoan customers have saved S$4m in interest: GXS Bank

The loan’s interest is calculated daily based on the outstanding balance the day before.

Unacash unveils installment loans in the Philippines

Customers can apply for loans up to approximately $886.

Lower interest rates and property woes weigh on Bank of China’s profits

Net interest margin fell, although at a lower decline than other Chinese megabanks.

Malaysian banks’ loan ratio at 1.6% in Feb

Loan loss coverage is at 120% of impaired loans, central bank data showed.

Tighter interest margins and rising bad loans weigh on CCB

The non-performing asset ratio is expected to rise to 4.48% in 2024.

APAC banks ready for Basel III

Transition is not expected to have a substantial impact on capital requirements.

Japan’s policy rate may rise to 0.25% by end-2025: Fitch

Regional banks will not benefit much from rising interest rates, however.

Taiwan’s First Commercial Bank boasts sound asset quality but property risks abound

It should be able to mitigate these risks with its conservative LTV ratio and solid economic conditions.

Weekly Global News Wrap: HSBC may receive just $21.7m from Russia sale; 282 US banks at risk

And Japan’s small businesses, homeowners brace for life after the interest rate policy shift.

Japan banks clinch $1.98b boost in interest income after policy shift

But a rise in deposit rates presents risks, analysts warned.

South Korean banks’ bad loans climb 0.47% in December

This reflects a significant increase compared to the previous year.

Banks fine but SMEs at risk by Japan's 'historic' policy shift

SMEs may see more challenges from the higher interest rates and higher wages.