Lending & Credit
National Australia Bank fined $15.5m for failing to respond to hardship claim
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
NAB, Westpac cut interest rates of home loans
Westpac also cut the interest rates of deposits.
Singapore banks see H1 profit ease on margin, tax pressures
The big three’s profitability moderated from peal levels, noted Moody’s Ratings.
India’s credit demand remained strong in Jan-Mar
Fresh disbursals reached $182.61b during the period, according to Experian.
Taiwan banks’ loans rise in June as bad debts edge lower
Average NPL ratio dipped 0.01 ppt to 0.15%.
Citi names Jig Patel as head of prime finance for JANA and Asia SouthB
Patel will be based in Hong Kong.
Commercial lending to reach $29.37b by 2030
Access to large sums of money, shorter application processes, and low interest rates boosted its growth.
Indonesia, Malaysia, Thailand name new banks for local currency transaction framework
The banks will facilitate cross-border settlement of trade and investment.
ANZ rolls out home loan policy changes to aid self-employed Australians
Earlier in July, Westpac halved its income assessment to one year.
Auto finance market to be valued at $5.6t by 2031
The passenger vehicles segment held the largest share of revenue in 2021.
AEON Bank, foodpanda eyes raising digital banking adoption amongst riders, merchants
They will collaborate in customer acquisition and digital financing, amongst others.
VPBank clinches $350m loan to fund sustainable finance strategy
It will be allocated for green projects, SMEs, and infrastructure projects in underserved areas.
Mizuho to acquire majority of Upsider’s shares for $309.8m
Upsider provides corporate credit card and invoice payment services.
How technology and regulation are reshaping the lending landscape
Asia's lending shifts fast: tech, AI, and regulation reshape how banks compete and lend.
Mizuho to acquire 100% shares of energy advisory firm August & Co
The August & Co brand will be maintained.
Malaysia’s CIMB sees slower loan growth on ‘cautious’ business clients
The new business loans pipeline is reportedly weak post-Liberation Day.
Indonesia banks apply tighter lending standards in Q2 2025
Respondents are optimistic regarding credit growth until end-2025.
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Asian Banking & Finance Retail Banking Awards 2025 Winner: Kwong Wah Eric Fan of Shanghai Commercial Bank
Kwong Wah Eric Fan of Shanghai Commercial Bank highlights how the company drives fintech growth through digital transformation.
