Lending & Credit

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...

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.

KTB providing loans to all industrial sectors

Krung Thai Bank approved over US$17.63 billion loans to telecommunications, automobiles and the petro-chemical industries in the first half of 2009.

KTB to provide $294M in support of stimulus plan

Krung Thai Bank has prepared US$294 million for loans to entrepreneurs wanting to start new businesses. This accommodates the Thai government's...

HSBC ups SME loan fund to $2.064 billion

HSBC increased its SME loan fund by US$516 million to US$2.064 billion, to accommodate applications of Hong Kong's loan schemes.

KEB, Samsung strengthen cooperation in acquisitions

Korea Exchange Bank wants to enhance its competitiveness in mergers and acquisitions...

Krung Thai Bank lends almost $880M in 5 months

KTB injected money through loans to over 40,000 retail clients with credit line of US$30 million, enabling total personal loans to grow to US$8.8...

HSBC boosts SME loan fund by $516M

HSBC is adding US$516 million to its SME loan fund in Hong Kong, the second increase this year, for a total of US$1.548 billion in lending since...

Siam Commercial pursues more housing loans

Siam Commercial Bank launched a special campaign to stimulate housing demand with the Asian Property Development PCL.

JBIC finances SMEs through RHB

JBIC has extended a two-step Untied US$100 million loan aimed at providing finance to SMEs in Malaysia through RHB Bank.

BDO Leasing still Philippines’ industry leader

BDO Leasing’s total revenues in 2008 climbed 10.18 percent to US$28.9 million to maintain its leadership in the Philippine financing industry.

Hong Leong briefs clients on FGI scheme

Hong Leong Bank conducted a presentation cum briefing in support of the Financial Guarantee Insurance Scheme of the Malaysian government. The...