Lending & Credit

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.

UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry

Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.

ING closes Ant Group’s $400m sustainability-linked derivative

Ant Group will receive rebates from ING when it achieves its sustainability targets.

Public Bank offers repayment relief to Malaysia flood victims

Customers affected by the floods can defer monthly loan payments for up to 6 months.

Citi completes sale of Vietnam retail banking, credit card units to UOB

This includes the turnover of approximately 575 related staff.

Thais should invest in Japan’s real estate amidst yen depreciation: Bangkok Bank

Yen has depreciated by up to 30% so far, offering great opportunities for clients to invest.

South Korea’s chief financial regulator urges banks to reduce interest income dependence: report

Lee Bok-hyun said the FSS is looking for ways to encourage lenders to diversify income streams.

Rising mortgage prepayment trend pressures Chinese banks’ profits

Households are taking a more conservative stance on home loan leverage, noted Fitch Ratings.

China’s reopening to boost Thai banks’ loan quality

The upsurge in tourism will spur the economy, and improve businesses’ repayment capabilities.

Commonwealth Bank of Australia’s earnings to remain robust over next 2 years: S&P

Housing risks lessen as local house prices continue its correction.

China’s new risk classification to improve banks’ transparency over bad loans: S&P

S&P estimated an NPA ratio of 7.6% as of end-2022 vs reported NPL ratio of 1.71%.

High interest rates carry DBS to record net profit of $6.14b in 2022

Total income surpassed S$16b for the first time in the bank’s history.

How digital mortgages will overhaul traditional banking models

Traditional banks will have to overhaul their branch-based models to appeal to modern homebuyers.

DBS secures China central bank funding for lending to green projects

PBOC will provide financial institutions with funds equal to 60% of a loan's principal.