Lending & Credit

MUFG grants $50m loan to California’s largest hydrogen fuel station business

FEF operates more than half of the US state’s hydrogen stations.

MUFG grants $50m loan to California’s largest hydrogen fuel station business

FEF operates more than half of the US state’s hydrogen stations.

Lending remains in doldrums despite APAC’s improved credit conditions

About 18% of the region’s financial institutions still have a negative outlook, says S&P.

South Korean banks to extend $3.1b in loans to low-income citizens

They can expect to secure loans worth up to around $26,000 (KRW30m) per person.

China's central bank urges banks to curb loan growth for rest of 2021: report

The surge in lending during the first two months of the year stoked bubble risks.

China’s central bank urges banks to curb loan growth for rest of 2021: report

The surge in lending during the first two months of the year stoked bubble risks.

KASIKORNBANK arranges first credit facility using new Thai Overnight Repurchase Rate

Holding company Central Group received more than $20m under the credit facility.

Clear skies ahead for Aussie banks as economy improves

Banks can withstand NPL growth due to loan loss reserves.

Hong Leong floats green vehicle financing for Singapore vehicle rental firms

The Vehicle-Green Loan offers a rate as low as 1.5% per annum.

HSBC floats plan to phase out coal financing by 2040: report

The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.

Lower credit costs to drive Singapore banks' earnings rebound in 2021

Sufficient provisions, steady capital positions should reduce risks in the near term.

DBS provides $60m structured trade facility to Indonesia petrochemical producer

Chandra Asri aims to expand export growth of petrochemical products from the country.

China's central bank offers $31b liquidity for banks' medium-term loans

The PBOC said authorities won’t make 'sharp turns' in monetary policy.

DBS raises sustainability finance target to $50b by 2024

Companies have doubled down on ESG commitments due to the pandemic, the banks noted.

South Korean banks' loan delinquency rate flat in November

Compared to November 2019, delinquency rate is down 0.14 percentage points.

South Korean banks' household loans hit $896b in 2020

This was pushed by a sustained rise in mortgage loans.