Lending & Credit
Japanese major banks' lending surge 3.4% in April
Borrowings by COVID-hit firms spurred the jump.
Japanese major banks' lending surge 3.4% in April
Borrowings by COVID-hit firms spurred the jump.
Indian banks want government to fund ‘bad bank'
They are pitching for an asset reconstruction company to buy NPLs.
China's central bank to run medium-term loan operations
A batch of $28.b in loans will expire on 14 May.
Regulations to quell slight uptick in Hong Kong banks' credit losses
Credit losses will notably decline in 2021.
Australian banks defer $130b in loans
100,000 loans were deferred in the past week.
Rising overdue loans imperil Vietnamese banks' capital
Delinquencies are likely to further rise as economic outlook remains gloomy.
Chart of the Week: China's consumer lending market growth to stall at 6.2% in 2020
This is ten percentage points lower than the 16.3% growth recorded last year.
UOB extends $2.83b in loans to mid-sized enterprises
The bank also tapped MAS SGD Facility to help clients access funds at lower interest rates.
Singapore's MAS extends scope of loan deferments
Starting 6 May, individuals with specific loans may apply to defer repayments until 31 December.
Major Australian banks to absorb higher credit losses: report
Credit losses are likely to rise six times from historic lows in 2019.
Coronavirus drags on Chinese leasing firms' profits
Those with no parent banks to bail them out will be the most severely impacted.
Economic slump will drag Australian banks' loan performance: analysis
Wider effect will depend on stimulus measures and severity of disruption.
OCBC Singapore to hand out $698m in SME loans by 30 June
The bank will pass all cost savings to SMEs by lowering the interest rate.
Sumitomo Mitsui Financial Group to halt funding for coal plants
This marks the 18th global financial institution to exclude coal for funding in 2020.
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
Citi rolls out relief measures for APAC customers
The bank is offering waivers for credit card clients and commercial clients.
DBS provides $122.08m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Commentary
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