Lending & Credit

22 Apr 19
It will appoint receivers and managers over the assets of Tuaspring, save for its desalination plant and shared infrastructure.
10 Apr 19
Active P2P investors also fell 45.2% to 2.3 million.
5 Apr 19
Japan-based J Trust Corp will buy a stake in Construction Bank for an undisclosed amount.
4 Apr 19
Lenders are hit with a total bad debt of $146b.
2 Apr 19
Lenders also sharply increased provisions for future bad debt.
28 Mar 19
Applications dwindled despite unchanged loan success rate.
26 Mar 19
The decline comes in spite of recent domestic rate hikes.
26 Mar 19
The rules will apply to credit institutions and not to state-owned commercial banks.
25 Mar 19
State banks would have to raise $16b in provisions in Q1 if the rules kicked into effect.
20 Mar 19
Bad loans grew 16.17% even as total loans rose 13.6%.
19 Mar 19
With average loan sizes of US$35,000-200,000, farming remains the main opportunity.
18 Mar 19
More than 29 asset reconstruction companies have been set up after 2002.
18 Mar 19
Underperforming lenders may be requested to close down branches.
18 Mar 19
The IFRS9 will require banks to set aside for anticipated losses.
14 Mar 19
The loan growth of commercial banks hit 17-18% on average.
12 Mar 19
Outstanding loans to rural areas already hit $4.91t in 2018.
11 Mar 19
It holds the unenviable distinction as the bank with the worst-bad loan ratio.
8 Mar 19
Short-term loans surged 57.8% in January whilst mid- and long-term loans only rose 5.3%.
6 Mar 19
Interested parties should submit an EOI and sign non-disclosure agreements for an e-auction on 20 March.
4 Mar 19
Household loan growth slowed to 12.7% in January from 13.6% the previous month.
4 Mar 19
Since its launch in November 2018, the platform approved loans worth $4.23b.
28 Feb 19
The NPL formation of OCBC and UOB rose by 137bp and 94bp respectively in Q4.
26 Feb 19
Cash-short developers have to repay around $18.15b in outstanding debt.
25 Feb 19
It aims to sell its lone overseas branch in Hong Kong.
19 Feb 19
Regulators have encouraged banks to lend more to firms hit by the deleveraging.
18 Feb 19
The five creditors have agreed to swap debt for shares in the parent firm.
15 Feb 19
Lenders have been shifting to on-balance sheet activities.
14 Feb 19
Soured assets held by Philippine banks hit $430m in November 2018.
14 Feb 19
The growth of gross NPAs fell to 8.4% from 30.4% the previous year.
14 Feb 19
The number of defaults quadrupled to hit a record $17.68b in 2018.
13 Feb 19
Retail mortgage NPLs account for 16.6% of systemic bad loans and 25.9% of total loans.
13 Feb 19
Vietinbank, for instance, reports an NPL ratio of 1.4% but the true figure is at least 3%.
11 Feb 19
The bank is in the process of resolving one big corporate NPL.
6 Feb 19
This brings the bad loan ratio to 1.89% in 2018 from 1.99% in 2017.
28 Jan 19
About $3.82t went to individual purchasers.
28 Jan 19
Home loan growth slowed to 1.9% in January-November 2018 from 4.2% in 2017.
24 Jan 19
Roughly 40% of banks' gross credit exposure are in sectors with significant water risks.
23 Jan 19
The cooling measures will temper borrowing activities.
18 Jan 19
The bad loan ratio of select sectors hit 4.7% compared to the 1.7% industry average.
16 Jan 19
The combined loan exposure of Korean shipbuilder Hanjin to its five creditors is at $412m.