Lending & Credit News
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LENDING & CREDIT |
15 Mar 12
680 reads
HSBC Bank Malaysia will finance a 1,000MW coal-fired power plant in Tanjung Bin for US$2.114 billion. Read ››
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LENDING & CREDIT |
15 Mar 12
1100 reads
Fears of credit availability still linger as banks remain cautious towards new lending. Read ››
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LENDING & CREDIT |
12 Mar 12
1404 reads
CIMB Niaga's micro lending segment surged 352 percent last year to Rp 1.2 trillion or US$130.9 million from Rp 271.9 billion in the previous year. Read ››
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LENDING & CREDIT |
12 Mar 12
846 reads
The Reserve Bank of India surprised everyone by reducing the amount of deposits banks must set aside as reserves effective March 10. Read ››
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LENDING & CREDIT |
09 Mar 12
745 reads
Chinese banks extended 710.7 billion yuan or $112.5 billion in new loans in February, well below market expectations of 750 billion yuan. Read ››
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LENDING & CREDIT |
09 Mar 12
1402 reads
Affin Holdings and Bank of East Asia expect their Islamic bank to become operational by 2H12. Read ››
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LENDING & CREDIT |
08 Mar 12
1163 reads
Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits. Read ››
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LENDING & CREDIT |
08 Mar 12
1111 reads
Malaysia's banking sector is expecting a seven percent earnings growth this year. Read ››
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LENDING & CREDIT |
08 Mar 12
866 reads
The Big Four Chinese banks ramp up lending in an effort to stave off a further weakening of the Chinese economy. Read ››
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LENDING & CREDIT |
07 Mar 12
790 reads
Agribank aims to expand its operations and double its credit growth by 2015 even as it undergoes a partial privatisation. Read ››
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LENDING & CREDIT |
07 Mar 12
916 reads
China begins to relent after two years of resorting to almost Draconian measures to cool down an overheated property market. Read ››
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LENDING & CREDIT |
06 Mar 12
736 reads
Hotel Sahid Jaya will use US$13 million from the US$ 19.7 milion it will borrow to refinance its loans from Mega Bank. Read ››
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LENDING & CREDIT |
06 Mar 12
701 reads
Bank Mandiri will disburse loans to cooperatives of oil palm farmers to boost the amount of credit disbursed to SMEs this year. Read ››
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LENDING & CREDIT |
05 Mar 12
764 reads
ICBC rolled out its "cardless cash advance" service that could be availed through mobile phones. Read ››
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LENDING & CREDIT |
05 Mar 12
752 reads
Chinese banks have begun offering preferential loan rates for first-home buyers. Read ››
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LENDING & CREDIT |
04 Mar 12
388 reads
Bank Mandiri is allocating about 4.3 billion U.S. dollars of loans to SMEs across the country this year,
This is 10 trillion rupiahs more than that in the previous year. Read ››
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LENDING & CREDIT |
02 Mar 12
BY ALICIA GARCIA-HERRERO
1827 reads
Read ››
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LENDING & CREDIT |
28 Feb 12
370 reads
Perodua urged local banks to implement new guidelines in stages to allow a soft landing for both the players and consumers. Read ››
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LENDING & CREDIT |
24 Feb 12
387 reads
Bank Maybank Indonesia expects lending to grow by 20 percent this year, according to a top executive. Read ››
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LENDING & CREDIT |
23 Feb 12
1335 reads
China’s Big Four banks have less and less to cheer about as the year stumbles on. Read ››
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LENDING & CREDIT |
22 Feb 12
524 reads
New guidelines for automotive loan borrowers will be discussed following the 25 % drop in sales of new motor vehicles last month, says Proton. Read ››
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LENDING & CREDIT |
22 Feb 12
651 reads
All loan applicants under the PTPTN must open an account with the SSPN through Maybank or Bank Islam. Read ››
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LENDING & CREDIT |
21 Feb 12
446 reads
Malaysia's Finance Ministry along with banks have created a finance cluster to help traders and entrepresenurs in Rural Transformation Centres expand businesses. Read ››
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LENDING & CREDIT |
19 Feb 12
517 reads
The Anti-Money Laundering Office will explain Thailand's position after the Financial Action Task Force labelled the country "high-risk". Read ››
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LENDING & CREDIT |
19 Feb 12
603 reads
ANZ chief executive Mike Smith promised to protect future profits by again raising lending rates independently of the Reserve Bank. Read ››
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LENDING & CREDIT |
19 Feb 12
530 reads
The Kasikorn Group will lend Dongfeng Automobile more than US$9.85 million as the latter builds its presence in Thailand. Read ››
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LENDING & CREDIT |
17 Feb 12
876 reads
ICBC Bill Department has processed outright inter-bank discount of bills to a total of over RMB 100 billion or US$ 15.887 billion in 2011. Read ››
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LENDING & CREDIT |
16 Feb 12
1046 reads
While Pakistani banks are earning profits, they failed to mobilise deposits which fell between June and November 2011 and in January 2012. Read ››
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LENDING & CREDIT |
15 Feb 12
766 reads
ICBC Leasing has provided equipment leasing service for 300+ SMEs with credit facility totaling over RMB 5 billion in 2011. Read ››
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LENDING & CREDIT |
14 Feb 12
700 reads
ICBC Beijing branch's total outstanding small business loans grew more than 60% to nearly RMB 15 billion by end-2011. Read ››
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LENDING & CREDIT |
14 Feb 12
689 reads
A senior offical of Australia's Reserve Bank attributed claims by the big four banks that funding costs are rising to the European crisis. Read ››
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LENDING & CREDIT |
13 Feb 12
700 reads
ANZ Bank warned of more unilateral interest rate increases as funding markets remain fragile and could blow out again. Read ››
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LENDING & CREDIT |
13 Feb 12
1470 reads
Malaysian financial institutions were asked to make an impact assessment on the proposed FATCA regulations. Read ››
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LENDING & CREDIT |
13 Feb 12
1871 reads
VietinBank Board Member Tran Xuan Chau has been appointed Deputy Head of the Credit Department of Vietnam's central bank. Read ››
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LENDING & CREDIT |
13 Feb 12
958 reads
Fear of inflation is keeping bank lending in check in a big way. Read ››
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LENDING & CREDIT |
12 Feb 12
746 reads
Unable to lower commercial bank interest rates, Indonesia's central bank decided to nominate the rates beginning the close of the first quarter. Read ››
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LENDING & CREDIT |
11 Feb 12
678 reads
After ANZ and Westpac's increased interest rates independently of the Reserve Bank, analysts are expecting Commonwealth Bank and NAB to follow suit. Read ››
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LENDING & CREDIT |
11 Feb 12
533 reads
ANZ and Westpac increased interest rates for mortgages and small business by six and ten basis points. Read ››
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LENDING & CREDIT |
10 Feb 12
651 reads
Aided by steady demand for business funds in areas hit by the massive March earthquake, Japanese bank lending grew 0.7 percent in January from a year earlier to 396.73 trillion yen
This is its fourth straight monthly increase. Read ››
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LENDING & CREDIT |
09 Feb 12
1083 reads
China's "Big 4" banks extended about US$50.8 million of new loans in January, reports China Securities Journal. Read ››
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