Lending & Credit
Weekly Global News Wrap: Deutsche Bank not financing $3.5b Africa oil pipeline; Berkshire Hathaway bets $2.9b on Citi
And Goldman Sachs reach a $79.5m shareholder settlement over 1MDB fiasco.
Weekly Global News Wrap: Deutsche Bank not financing $3.5b Africa oil pipeline; Berkshire Hathaway bets $2.9b on Citi
And Goldman Sachs reach a $79.5m shareholder settlement over 1MDB fiasco.
HDBank signs MOU with IFC to build supply chain finance portfolio
HDBank hopes to build a supply chain finance portfolio of $1b over the next three years.
South Korean banks’ household lending rise in April
Corporate lending rose to its second-highest monthly figure ever.
Malaysia’s Public Bank raises lending rate by 0.25%
The new base rate will be 2.25%, and base lending rate at 5.72%
Public Bank is increasing its Base Rate (BR), Base Lending Rate (BLR) / Base...
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
South Korean banks’ interest rates rise to eight year-high: report
The rising rates have spawned worries in households' repayment abilities.
Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak
The bank has the strongest capitalization amongst regional banks in Japan.
Here’s how you build a successful Buy Now Pay Later platform: study
Hiring the right talent and developing a good tech stack are key to success.
MUFG appoints June Raj as managing director for APAC Aviation
She is tasked with growing the bank’s aviation financing portfolio in Asia Pacific.
Return of tourism sparks further recovery of Australia's card payments market
Resumption of travel and tourism will help push card use.
South Korean banks to ease lending criteria in Q2: report
The incoming new president had emphasized need to ease lending rules.
Citi launches its Sustainable Trade and Working Capital Loans solution
It aims to give liquidity for international trade finance activities and other commercial activities.
CIMB Niaga, Sun Life Indonesia deepen bancassurance partnership
Sun Life will provide insurance solutions to CIMB Niaga’s customers through all channels.
Korean online banks’ loans up 8% in Q1
Newly-launched Toss Bank extended the most loans.
Axis Bank to buy Citi’s Indian consumer business for $1.6b
Axis Bank expects to gain more or less 3 million customers.
Bank of China shifts attention back to mainland for growth: S&P
Traction from its wealth management business will support profits.
ASEAN banks have a long way to go in decarbonising finance: Moody’s
There is little space for investors to invest more sustainably.
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Unlock the future through the Asian Banking & Finance Forum 2024 in Kuala Lumpur
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Empowering green growth through sustainable finance in Bangladesh