Lending & Credit
Balance of Taiwan’s cash card loans is $372.4b in April
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.
Household loans by South Korean banks rise in April
A series of IPOs in April and May helped push up credit loan volumes.
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