Lending & Credit

HSBC launches new SME loan offer

Successful SpGS loan applicants can avail themselves of rates as low as P-2 percent for up to US$1.548 million loan. The Hong Kong Special...

HSBC launches new SME loan offer

Successful SpGS loan applicants can avail themselves of rates as low as P-2 percent for up to US$1.548 million loan. The Hong Kong Special...

State Bank of India bests competitors due to loan schemes

State Bank of India's effective strategies have become the key for the bank's dominance in certain sectors.

Siam Commercial Bank's growth rate to miss target

Siam Commercial Bank, however, expects 7 percent lending growth due to aggressive moves and better global economy.

Malaysia Building Society to shell out $591mln loans

CEO Ahmad Zaini expects the loans to improve lender's liquidity.

Woori, Citibank Korea cope with hefty bad loans

The two lenders grapple to slash their bad loans to comply with government's bad loans requirement.

Uncertainty prompts BEA to support SpGS extension

BEA welcomes the HKSAR Government’s six month extension of the application period for the Special Loan Guarantee Scheme. It will be extended up 30...

Mandiri is optimistic despite incurring huge bad loans

Mandiri still managed to enjoy 0.29 percent increase in NPL ratio despite having $313-million non-performing loans.

Big Indian banks to stop offering special schemes

Reserve Bank of India's Q2 review prompts two India banks to defer 8 percent promo loans.

BDO builds micro-finance centre for marginalised sector

A US$258,000 centre for the microfinance programmes of the CARD MRI Development Institute has been completed by Banco de Oro.

HSBC product boosts environment-friendly projects

HSBC encourages customers to undertake capital investment in projects that have a positive environmental impact with its Green Financing product.

Two Chinese banks compete for consumer credit operation in Shanghai

Backed by the central government, the winner between Bank of China and the Bank of Shanghai will offer loans at cheaper rates aimed to boost economy...

China rolls over $36 billion bonds issued to CCB

Chinese government extends maturity of bail-out bonds for another ten years after CCB announced inability to repay loans.

Kasikorn, Minsheng collaborate for new product

The two banks set to launch new loan plan to solve financing woes of SMEs.

StanChart Thailand eyes to reduce risk

Stanchart targets US$1 billion worth of secured loans in 2012 by shifting its strategy.

Zarai Taraqiati pegs credit plan at $968M

Zarai Taraqiati Bank Limited's new credit plan for fiscal year 2009-10 will amount to US$968 million for different development schemes.

KTB eases payment terms, boosts 2H09 lending

KTB anticipates approving loans of not less than US5.2 billion in the second half of the year.

SCB, FTI extend capital support to entrepreneurs

The SMI Capability Enhancement Project is offering financial support of up to US$2.938 million per entrepreneur for the second year.