Lending & Credit
Krungsri unveils loan for laundromat franchise Otteri
Krungsri unveils loan for laundromat franchise Otteri
Financing is offered up to 110% of the total investment for a maximum of THB5m.
MUFG invests in May Mobility for autonomous vehicle deployment
MUFG will help the company scale its fleet to thousands of vehicles, it said.
MoneyHero reduces net loss to $2.4m
They are also gearing up to launch Credit Hero Club with TransUnion.
Taiwanese domestic banks’ SME loans up NT$52.5b in March
Average NPL ratio fell during the month.
Taiwan’s outstanding loans up $1.01b in April
The NPL is the same as in March, according to official data.
BNPL firm Atome secures $75m facility from Lending Ark
Lending Ark has invested over $1b in Asia.
ADVANCE.CBP, Korea Credit Bureau ink MOU for cross-border credit info exchange
Over 70,000 overseas Filipino workers in Korea will be able to use their credit information.
SCB, CardX to share credit limit info for credit card applications
The policy is effective 1 June 2025.
Credit card, production drive Philippine bank lending growth in April
Loans to non-residents declined at a faster rate.
Malaysia fines Maybank Islamic for info submission lapses
The bank’s failure to ensure info was submitted led to three borrowers’ credit records being impacted.
India’s consumer lending growth slows in 2025
Consumer demand for mortgages and personal loans will be dampened, it said.
India’s gov’t owned NBFIs to further grow market share
Loan growth for such entities is expected to be 15% per annum in the next two years.
Indonesia’s Eximbank to maintain ‘robust’ capitalisation
But its high stock of problem loans will continue to weigh on its net interest margin.
Thai banks’ loans contract 1.3% in Q1 on debt repayments and bad loans
But banks’ profitability improved compared to Q4 2024, the central bank said.
RCBC posts ₱1.517t in assets in strong Q1 2025 performance
The report showed a QoQ increase in both solo and consolidated assets. On a solo basis, RCBC’s total assets rose to ₱1.509t.
UnionBank unveils fully digital personal loan application process
Loans can be provided in as fast as 5 minutes upon approval.
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
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