Lending & Credit

Balance of Taiwan’s cash card loans is $372.4b in April

There are 0.3 million cash cards recorded during the month.

Credit Agricole names new chief representative officer for Indonesia

Alexis Rafiidson succeeds Xavier Roux, who is retiring.

Ant International unveils microlending service bettr

It has partnered with Thailand’s AWC to start.

Rapid loan growth weighs on Bank of Suzhou’s capital ratios

The bank is expected to maintain good asset quality over the same period.

Malaysia's private sector credit grows 5.4% in April

Thanks to higher growth in both outstanding loans and corporate bonds.

Hong Kong mortgage loans drawdown rises by 9.9%

This was translated to $1.69b in loans.

Philippine’s bank loans expand by 9.6% YoY in April

It was higher than the previous month’s 9.4%.

Siam Commercial Bank shares crisis lessons from pandemic

The bank’s early investment in tech helped it grow its digital customer base to 17 million.

New Zealand sets new debt-to-income restrictions in lending

It reduces the amount of high-DTI loans that local banks can lend out.

China’s measures to fix property slump raises risks for banks

Lower down payments may embolden buyers to walk away, analysts warned.

Credit Data Smart ushers in new era of credit scoring in Hong Kong

It’s expected to promote healthy competition and improve credit knowledge of locals.

SG fintech UnaFinancial establishes microfinance company in Uzbekistan

The installment loans to be offered will have repayment terms of 3, 6, or 9 months.

India’s HDFC Bank clinches $500m to support microlending for women

The loan will enable the bank to grow its microlending to women, HDFC said. 

South Korean banks’ bad loan rate improves in March

Delinquency rate of loans to large companies, SMEs, and households fell.

Low carbon push adds $8.4b addt'l revenue for APAC banks

Between 2031 to 2050, APAC banks will likely 

Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK

The two will make business models enabling operators to clinch EV funding.