Lending & Credit

Chart of the Week: Half of Korean banks' loan quality imperiled by prolonged COVID-19 outbreak

This could impact the broad service and manufacturing sectors that make up about 58% of loans.

Mapletree Investments clinch $316.7m sustainability loan from OCBC

This is Mapletree Group’s fourth sustainable finance transaction with the bank.

HDFC bank appoints new Additional Non-Executive Director

Karnad has been associated with the property and mortgage industry for over 40 years.

India's shadow banks hit with $15.1b in debt repayments

Meeting the deadlines will be a challenge given the domestic funding crunch.

World Bank launches $12b COVID-19 package for developing countries

It aims to strengthen countries’ health services and support the private sector.

OCBC enables instant car loan approvals

It only takes 60 seconds to approve a loan.

Maybank, ING top creditors of embattled trader Agritrade

The Singapore-based commodity trader owes $303.11m to the two banks.

China lets banks waive bad loans from COVID-hit firms

Qualified businesses can apply for delays until end-Q2.

CIMB Singapore announces new measures for coronavirus-hit firms

Tourism-related firms are eligible for a $1m loan with a 5% interest rate.

Chinese banks' latest LPR cut to derail NIMs, profits

Loan prime rate dropped 10 basis points to 4.05% on February 20.

DBS converts $758m bank guarantee facility into green facility

Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.

DBS Group prices $1.4b issue at 3.3%

The deal is said to bear the lowest coupon for any AT1 USD deal in the world.

MUFG prices world's first ESG-linked issuance for Sydney Airport

It is also the world’s first US Private Placement issuance.

High-yield non-financial Asian firms' default rate to rise 2.4% in 2020

China has been seeing an increased tolerance of defaults.

China's lenders to allow higher bad loans for COVID-19-hit firms

The People’s Bank of China will support qualified firms in order to resume production.

New Zealand retail lending to hit $265.6b in 2023

Total retail loan balance outstanding is set to reach the same amount.