Lending & Credit
Malaysian banks to sustain profits despite slower loan growth
Malaysian banks to sustain profits despite slower loan growth
S&P expects loan growth to slow to 4%-5% over the next two years.
Philippine regulators propose enhancing NBFI monitoring framework
The council noted increasing interconnectedness of NBFIs with the financing system.
South Korean substandard or below loans unchanged in Q2
Total SBLs of KRW16.6t was also unchanged from three months prior.
Hong Kong banks may boost tax loan campaigns as Fed rate cut looms
Demand for debt consolidation may also rise.
Gold to hard-carry Bank Syariah Indonesia’s margins
But overall growth will still be lower amidst industry-wide signs of asset quality deterioration.
Deutsche Bank, StanChart close $184m loan for satellite developments
The loan finances the THAICOM 10 Satellite Project.
OCBC eyes $2.7b for serial entrepreneurs
OCBC Group has lent $1.17b to more than 1,800 repeat founders since 2017.
Unbanked Filipinos narrow gap in credit perceptions: TransUnion
Fintech users showed the highest trust in credit products.
Taiwanese banks’ SME loans rise to $355.73b by end-June
Loans extended to SMEs by domestic banks accounted for 64.73% of total loans.
Indian banks face modest exposure to US tariff-hit sectors
They should be able to manage the credit costs and asset quality.
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
NAB, Westpac cut interest rates of home loans
Westpac also cut the interest rates of deposits.
Singapore banks see H1 profit ease on margin, tax pressures
The big three’s profitability moderated from peal levels, noted Moody’s Ratings.
India’s credit demand remained strong in Jan-Mar
Fresh disbursals reached $182.61b during the period, according to Experian.
Taiwan banks’ loans rise in June as bad debts edge lower
Average NPL ratio dipped 0.01 ppt to 0.15%.
Citi names Jig Patel as head of prime finance for JANA and Asia SouthB
Patel will be based in Hong Kong.
Commercial lending to reach $29.37b by 2030
Access to large sums of money, shorter application processes, and low interest rates boosted its growth.
Commentary
Electronic trading proves its strength in times of volatility