Lending & Credit
South Korean banks’ bad loans ratio up in October
South Korean banks’ bad loans ratio up in October
The proportion of bad loans rose whilst resolved loans decreased by around US$1.29b.
Malaysian banks see corporate, household loan growth in November
Outstanding loans extended to SMEs expanded by 7.9% during the month.
Mizuho introduces new medium-term targets for financed emmissions
The new targets are in the automotive and maritime transport sectors.
Weekly Global News Wrap: Citi to exit distressed-debt trading business; Korea seeks to fine HSBC, BNP Paribas
And Germany seizes $790m from the bank account of a Russian financial institution.
South Korean banks’ total capital up 1.3% to $3.4b in Q3
Authorities warned of volatile financial markets.
Philippine banks sees lending go up by 7.1% in October
Loans for production activities rose during the month.
Unlocking the potential of sustainable lending in Asia
Aligning lending practices with rising sustainability expectations is gaining traction in Asia, but accelerating the green transition will require...
Property exposure risks remains Cambodian banks’ Achilles heel: analyst
Profitability will remain under pressure due to stiff competition and high costs.
Malaysia’s CIMB Bank unveils personal loan service for EPF members
They can receive up to RM50,000 in financing.
Corporate lending in South Korea rise in Q3
Depository corporations increased industrial lending by approximately US$24.41b
SMBC hires ex-Nomura banker as head of APAC private credit distribution
Yew Chuan Sim will lead the bank’s distribution efforts in APAC.
Maybank Singapore approves landmark US$100m green-linked Islamic loan
Maritime transportation services company AET will use it to reduce GHG emissions.
Banks to see $1.68t of credit losses in 2024-2025
Banks globally are expected to lose $824b in credit losses in 2024.
Public Bank net profit up 14.3% to $1.08b in 9M 2023
Total loans rose faster than the Malaysian banking industry average.
South Korea interest rates for new deposits, loans rose in October: BOK
The interest rate for outstanding amounts of deposits and loans also rose.
GCash, agrifisheries platform Mayani to offer loans to rural farmers, fisherfolk
They will jointly underwrite and facilitate loans to Mayani’s 144,000-strong network.
Korean banks’ delinquency ratio drops to 0.39% in September
The bad loan rate of corporates rose compared to August.
Commentary
The future of Asian banking isn’t ‘AI-first’ – it’s ‘fearless-first’