Lending & Credit

The 3.26% interest rate average is its highest since November 2018.

And China urges lenders to extend support to advanced manufacturers, other industries.

The bank seeks to help address the energy crisis and rising electricity costs, says UOB’s Jasper Wong.

The loan is unsecured and has a tenure of three years.

This was thanks to Alibaba’s $5b offerings and a $2.5 bond issuance by SK hynix.

The central bank is willing to lend 60% of the required funds at a 1.75% rate.

The non-performing loans rate remained unchanged at 1.5% during the quarter.

Assets of fintech players in the country grew by more than IDR1t or by over $70m.

Durapower will use the loan for its lithium-ion energy storage solutions.

It is the bank’s first green loan to use the BCA’s BEEA tool.

These banks face new capital and regulatory requirements.

Agents can apply for the loan through the BRILink Mobile application.

Delayed goals and actions would hurt banks’ asset and loan quality in the future.

The delinquency ratio has been on the decline since May 2018.

There is an increased demand for loans for home purchases and 'jeonse.’

Their greatest enemy is time as business opportunities need years to take fruit.