Lending & Credit

Vietnam loan growth slows in Jan as dong lending slips

Vietnam bank loan growth slowed in January and dong lending slipped. Businesses are seeking dollar loans and sold dong to take advantage of a gap...

Vietnam loan growth slows in Jan as dong lending slips

Vietnam bank loan growth slowed in January and dong lending slipped. Businesses are seeking dollar loans and sold dong to take advantage of a gap...

NAB plans slashing exit fees for home loan switchers

The bank’s initiative of paying $700 fee charged by rivals sound commercial decision for the good of customers.

IBK net income up 5.3% on improved lending

Industrial Bank of Korea's fourth-quarter earnings rose 5.3 percent from a year earlier on improved lending margins.

Vietnam bank loans to double by end 2013

Bank loans in Vietnam will double by the end of 2013 on the back of subsidized interest rate schemes and large consumer credit demand.

Malaysian banking sector anticipate loans growth

Banking statistics for December 2010 was seen by analysts as a good round-up for 2010’s sector loans growth.

BNI to receive $150M loan from US Exim Bank

BNI will receive a US$150 million loan from US Exim Bank to improve its liquidity, and to finance Indonesian importers.

EastWest Bank reduces mortgage financing interest to 5.88%

EastWest Bank has recently introduced its lowest home loan interest rate of 5.88 per cent fixed for the first year.

BPI loans out entire P10-B stock rights proceeds

BPI has loaned out the entire amount of its recently-raised P10 billion capital in its 2010 loan portfolio.

Woori Bank raises $610mn Samurai bonds

The lender issued three tranches of yen denominated bonds maturing in one year, 18 months and two years.

NPL ratio Of Chinese commercial banks hit 1.14%

The non-performing loan ratio of commercial banks in China was 1.14 percent at end 2010. The NPL balance is US$65.2 billion, according to a Reuters...

China's "Big 4" to lend $110B in Q1

Chinese regulators have ordered the nation's four biggest banks to cap their combined new loans in the first quarter at US$110 billion.

ANZ issues $3bln debt in 3-part sale

The bank issued $1bln three-year notes, $1bln 10-year bonds and $1bln three-year floating rate notes.

World Bank issues first renminbi bond sale in HK

The bank’s entry into the renminbi bond market will permit investors to diversify their currency holdings and expand their renminbi exposure.

ADB, IFC, Citibank, MCB boost Pakistan's textile sector

ADB, IFC, Citibank and MCB Bank will help boost Pakistan’s textile industry.