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Lending & Credit

Rich banks not lending enough money to real economy

128 reads

The People's Bank of China insists that China’s cash-flush banks lend more money to productive sectors of the economy. Read ››

Indonesia expects slower lending growth

111 reads

A slowdown in exports and a new lending rules will hobble lending growth by Indonesia's commercial banks in the second half of the year. Read ››

India banking sector slows on sputtering economy

126 reads

Banks' credit grew just 1.2% in the first quarter of the fiscal year that began in April. Read ››

Nirvana Venture buys TranServ stake

62 reads

Nirvana Venture Advisors has picked up an equity stake in TranServ, a prepaid payments program manager. Read ››

More credit loans eyed for Vietnam businesses

83 reads

Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks. Read ››

Vietnam's OCB to get credit loans for SMEs

109 reads

The Orientation Commercial Bank of Vietnam will get a credit loan worth US$10 million from the International Finance Corporation to support SMEs. Read ››

Industrial Bank of Taiwan to open leasing outlet in Tianjin

125 reads

Industrial Bank of Taiwan is planning to open a financial leasing outlet for small-and medium-sized enterprises in Tianjin within the year. Read ››

Agrobank to disburse $15.7M in loan with new product

110 reads

Agrobank expects to disburse at least US$15.7 million in loans with the launch of its latest product aimed at reducing the financial burden of the padi farmers. Read ››

Bank Jatim stock sale to fund SME loans

107 reads

Bank Jatim's lending in the first half has reached 94 percent of its full-year target touching Rp 18 trillion or US$1.9 billion, up 12 percent from last year. Read ››

Coping with sluggish bank lending in Asia

Zhongdong Chen
BY ZHONGDONG CHEN
316 reads

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HDFC quarterly net up 18.6%

73 reads

HDFC reported 18.6 percent net profit at Rs.10,019.10 million for the quarter ended June 30 against Rs.8,445.30 million in the same period last year. Read ››

Japanese banks see growth in lending to Korean conglomerates

225 reads

Japanese banks are targeting South Korean conglomerates seeking funds for global expansion. Read ››

Philippines' BDO targets loan growth of 20%, income growth of 19%

115 reads

BDO expects a loan growth of over 20-percent in the next three to five years with the expanding economy. Read ››

Indonesia's BCA expects less lending due to down payment regulations

149 reads

PT Bank Central Asia expects lower consumer lending due to the implementation of minimum down payments. Read ››

Indonesia's Mandiri enjoys loan growth with small home financing

73 reads

Bank Mandiri's mortgage loans grew by 29 to 30 percent in the first half as it expanded into financing smaller houses. Read ››

Banks come to the rescue of struggling Indian exporters

106 reads

The Indian government is turning to its banking sector to prop-up its sagging economy. Read ››

Korean banks expected to tighten grip on loans

172 reads

Korea's banks are likely to be more cautious about extending loans due to increased economic uncertainty at home and abroad. Read ››

Some Indian banks misguiding investors on bad loans: Deputy Governor

147 reads

Reserve Bank deputy governor K C Chakrabarty criticized banks for misguiding investors for the past five years by not giving your proper figures on non-performing assets. Read ››

Pos Malaysia to provide micro credit to SMEs

96 reads

Pos Malaysia has acquired the entire stake in Pos Ar-Rahnu Sdn Bhd to be used as the joint venture company. Read ››

Exploring hedge funds around the world

Sofia A. Johan
BY SOFIA A. JOHAN
626 reads

Hedge funds and their managers have in recent times vilified for their high-risk activities and relative lack of regulatory oversight. Read ››

CNH loans granted in Hong Kong reaches RMB 42b

530 reads

The 3-5% CNH lending rates in Hong Kong still prove to be more attractive than CNY lending rates in China. Read ››

Bangladeshis deprived of bank loans due to govt borrowing: politician

232 reads

Bangladeshi banks could no longer lend to clients due to excessive borrowings by the government. Read ››

ICBC promotes equipment leasing service to SMEs

243 reads

ICBC branches are aggressively marketing the bank's equipment leasing service to SMEs to address their difficulty in accessing bank loan for production upgrade. Read ››

Australian banks shift more fees to small businesses

415 reads

A Reserve of Australia report showed that households paid 7 percent less bankfees, but businesses paid 5.5 percent more. Read ››

Malaysia's EXIM Bank inks reinsurance MoU with UK's ECGD

61 reads

Malaysia's EXIM Bank aims to establish a basis for the exchange of information, coinsurance, reinsurance and training with ECGD of United Kingdom via an MoU. Read ››

Syndicate Bank to focus more on retail banking, SME loans

457 reads

Syndicate Bank is looking to intensify its fee income, retail and SME loans to boost its balance sheet. Read ››

Korea's foreign banks see increased overseas borrowing

61 reads

Foreign bank branches in South Korea have increased their overseas borrowing so far this year. Read ››

SME Bank taps BSN branches for collection

444 reads

With better a collection system, SME Bank expects its NPLs to decrease to 15% by year-end, from 17% last year. Read ››

NIDC Bank asked to raise capital

434 reads

NIDC has been asked by Nepal's central bank to increase its capital so that it could invest more and facilitate growth of productive industries. Read ››

Dena Bank to fund agri warehouses

392 reads

Dena Bank will fund the creation of warehousing infrastructure by Star Agri in Tier 2 and 3 cities. Read ››

China's banking authorities deny 30% home lending discounts

495 reads

The PBOC said reports that it allowed 30 percent lending discounts to first-time home buyers contain deliberate misinterpretations. Read ››

TienPhongBank to lend $144M in low interests

499 reads

TienPhongBank has allocated US$144 million to provide low-interest loans for enterprises. Read ››

S. Korean banks warned against loan defaults

506 reads

Loan delinquency rates have accelerated in Korea, making it imperative for lenders to better manage their loans. Read ››

Asia-Pacific tops in mobile banking

870 reads

The Asia-Pacific will continue to have the most number of mobile banking users in the world. Read ››

Competition among small and big Chinese banks increasing

554 reads

Small Chinese banks are taking away business from their bigger, state-owned rivals with simple offerings such as higher interest rates. Read ››

China to relax limits on lending

745 reads

China's central bank implemented an interest rate cut by 25 basis points, the first reduction since the end of 2008. Read ››

China bank lending accelerates in May

463 reads

Beijing said bank lending and the money supply were above expectations in May. Read ››

Liberalization to stoke volatility in China's banking sector

572 reads

The stable policy environment that is the foundation of stability in China's baking sector is under threat. Read ››

India encourages banks to salvage junk assets

426 reads

The Indian government wants has created new rules to encourage state-owned banks to salvage junk assets. Read ››

Macao increases private sector loans in April

181 reads

Macao's loans to local private sector  increased 1.3 percent month-to-month in April to US$21.56 billion. Read ››