Lending & Credit
Oops, they cut the dividend
Indonesia’s Bank Rakyat says it will cut dividends 35 percent as it faces government pressure to crank out loans with loan growth expected at 22...
Oops, they cut the dividend
Indonesia’s Bank Rakyat says it will cut dividends 35 percent as it faces government pressure to crank out loans with loan growth expected at 22...
Chinese Banks make "crazy" loans to prop up China Eastern Airlines
Crazy Chinese bank lending continues apace with news that three of China’s government-controlled banks have just lent over US$6 billion to an airline...
China's big banks risk 90's loan debacle repeat: Fitch
Massive government-directed lending by China's top banks to roads and railroads risk repeating credit mistakes of 90's which cost $650 billion to...
ANZ bad debts double to AUD$1.37 billion
Ex HSBC banker and now ANZ chief Mike Smith may be regretting pumping AUD1$million into his bank last year, given the bank just blew its profit...
Taiwanese banks face profit wipeout on restrictions
How does a cut in your interest rate from 20 percent to 9 percent sound? Not great if you are a Taiwanese bank, which may see the government cap...
Bank of Taiwan's profit plan: increase risky loans
It has lost money for two straight months this year, yet Bank of Taiwan plans to start making money by increasing loans at higher interest rates to...
Effecting a ‘prison’ escape from binding loan terms
Quirky. . . clever. . . captivating. These three words best describes GE Money Singapore’s advertising campaign for JAMES that features a humorous...
Bank Rakyat assists laid-off borrowers
Bank Rakyat is prepared to extend the loan repayment period of borrowers who have been retrenched. The bank's objective is to ease borrowers'...
SG banks get negative Moody’s ratings due to NPLs
Moody's revised the outlooks of the banks' financial strength ratings or BFSRs of three Singapore banks from stable to negative.
Public Bank registers 4% loan growth for 1st quarter
Public Bank reported a loan growth of US$1.4 billion to reach US$38.8 billion as at the end of March 2009. The growth, pegged at 4 percent, is much...
BEA launches plan for property buyers
A new mortgage plan that enables property buyers to enjoy first-year monthly installments of as low as US$430 was launched by the Bank of East Asia.
BEA launches First-year Effective Rate P3.28%
The Bank of East Asia (BEA) has launched a new mortgage plan offering a first-year mortgage rate of P3.28 percent (prime rate) for Emerald Green...
HSBC halts prime rate cutback
HSBC will maintain its Hong Kong benchmark lending rate at 5 percent per annum last changed on 10 November 2008.
Chinese banks binging on debt to boost capital
Desperate times call for desperate measures and times couldn’t be more desperate than they are now in the Chinese banking sector with economic growth...
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Unlocking the future of finance: Asian Banking & Finance Forum 2024 arrives in Jakarta
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Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia
Immerse yourself in the pulse of financial evolution at this premier gathering that unites visionaries from banking and finance across Asia
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