Lending & Credit

Bengalaru remains India’s fintech leader

WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.

Bengalaru remains India’s fintech leader

WealthTech captured most of the seed funding; Marketplace Lending unlikely to rebound.

China’s new bank loans plummet in July amidst COVID fare-ups, property jitters

Analyst warned that new lending may continue to disappoint in the near term.

India tightens rules for digital lending

Lenders may no longer increase credit limits without the consent of the borrower.

Robocash names Kirill Kalashnikov as APAC regional director

Kalashnikov was country manager for the Philippine online lender Digido.

Japan bank lending up 1.8% to record $4.36t in July: report

Companies are borrowing money due to the rising costs of raw materials, an official said.

Buy Now, Pay Later firms' credit losses on the rise

The largest BNPL providers have doubled their delinquency rates over the past few quarters.

APAC banks credit losses surge to $865m by 2023: S&P

Credit losses will surpass $400b for 2022 and 2023, respectively.

Boom or bust? Buy now pay later flourishes but with default risks rising

Rising rates and tightening policies hurt borrowers’ repayment capacities and push up operating costs.

Tourism woes hurt Thailand banks’ loans

The restructuring will only provide temporary relief, not solve the problem.

Credit card keyword searches in Australia skyrockets by 81%

Approximately 75% of keywords were related to activating a new credit card.

Home Credit Indonesia closes $10m ESG-linked loan with Deutsche Bank

The loan will be used to increase financial inclusion and literacy.

Mortgage boycott threatens Chinese banks’ loan quality

This highlights the need to tighten regulatory oversight of escrow accounts, Fitch said.

Card payments in South Korea to breach $1t: GlobalData

The average frequency of credit card usage in the country grew 137.5 times in 2022.

Taiwan banks’ NPL ratio at 0.16% in May

NPLs across the 39 domestic banks in the country totalled US$1.98b.   Taiwan banks’ average non-performing loans ratio stood at 0.16% in May, 0.05...

Indonesia’s LINE Bank launch two new digital loans

The loans feature flexible repayment options.