Lending & Credit

Shinsei plunges after news on Aozora merger collapse

Misery loves company, with Shinsei Bank continuing its slump as it fell to its lowest in two months in Tokyo trading after news went around on the...

Shinsei plunges after news on Aozora merger collapse

Misery loves company, with Shinsei Bank continuing its slump as it fell to its lowest in two months in Tokyo trading after news went around on the...

Standard Chartered loans Philippine bank CARD $1.62 M

Standard Chartered Plc. has agreed to lend Philippines-based Card Bank P75 million, or about $1.62 million.

Shimao Property hires HSBC and StanChart for $400M loan

Two people familiar with the matter said Shimao Property, a Chinese developer controlled by billionaire Xu Rungmao, hired the two banks for a three...

Sinopac and Taishin reveal loan exposure in Spain

Banks assured customers that they will watch closely on their loan exposure in the European country.

Fitch cautions Chinese banks of huge ‘bubble risk’

The agency issued warning after it downgraded China Merchants and China CITIC over bad debt.

Mega Financial eyes extending cooperation with China banks

Mega wants more collaboration with Chinese lenders after it released $31 million loan with BoC.

China bank stocks collapse to pre-crisis levels as fears mount

China's tightening efforts in lending are causing stock market panic, bringing down bank valuations close to recession levels.

Major China banks begin tightening credit

Regulators' pressure prompts BOC and CCB to put up measures to curb lending.

China banking crisis as trade finance lines pulled

With banks in China confirmed to have suspended new lending since 19 January, import orders for commodities and machineries are seen to be affected...

Bank of China tightens loan issuance

BOC attempted to curb skyrocketing loan growth in line with regulator's pressure on banks.

Agricultural Bank of China posts record lending

The $22 billion worth of loans to farmers spur bank to beef up operations in cities.

India banks ask interest rates to be stabilised

Bankers said the fall in loan growth below 10 percent may be aggravated once RBI increases rates.

Bangkok Bank eyes growth in loans to SMEs

Expected increase in small-sized loans prompts bank to focus on SME loans in 2010.

Pre-payment penalty for Axis Bank home loans removed

Axis respects customers' right of choice even when they shift a loan to a competing bank.

Bangkok Bank positive loans 2010 growth of 3-4%

Intensified lending to small and medium businesses and economic rebound give Bangkok Bank reason to cheer.

Housing Development Finance Corp appoints new chief

Keki Mistry replaces Deepak Parekh as HDFC’s CEO on 31 December after 16 successful years.

ICICI to focus on beefing up home loans

Bank joins bandwagon on profiting from the recovery of realty sector with a promo.