Lending & Credit

Philippine banks brace for more bad loans and less profit

Philippine banks brace for more bad loans and less profit

Fitch also flagged the rapid expansion in unsecured credit card receivables.
28 minutes ago

Filipino borrowers halve since 2021 as debt aversion grows

Formal credit overtakes informal lending as seven in 10 Filipinos call loans a bad idea.
1 day ago

Singapore’s Ant International takes embedded finance arm Bettr to Brazil

The QI Tech deal expands SME lending and BNPL in Brazil.
1 day ago

Taiwan SME loans rise $2.27b in April with bad debt ratio improving

Average NPL ratio was 0.20% and lower than in March.

BSP raises salary loan repayment cap to seven years

The seven years is the maximum tenor and not a fixed loan term.

Korean household loan growth triples on Seoul mortgage demand

There was an increase in housing transactions in Seoul.

Aussie mortgage holders spending less as higher rates bite: CommBank

They bucked the trend of Australian households spending more in May.

SME Bank nets $9.9m from zakat entrepreneur programme

The Malaysian lender said that its programme services nearly 1,000 entrepreneurs.

APAC NBFI refinancing needs rise to $758b but risks stay contained

Most NBFIs should have adequate refinancing access and funding conditions, Fitch said.

Thai cash handout to lift finance company debt collection and asset quality

The campaign will boost mid and low-income earners and alleviate their cost of living.

Investment banks handle $61.2b Asia-Pacific share sale boom

China raised $37.8b and accounted for 61.7% of regional proceeds.

Credilab gets Malaysia nod for online lending

It targets to approve and disburse loans in as fast as five minutes.

UBS slashes Asia ESG office by half

Its Asia team now has just three employees, sources said.

Philippine banks dodge Middle East risk but corporate debt is the backdoor

Foreign reserves and prudent FX intervention serve as important buffers, BSP said.

PH bank lending accelerates to 11.4% in April on business demand

Consumer loans continued to show growth but moderated from March levels.

Malaysian bank asset quality holds but bad loans seen rising to 1.5%

The acceptance rate for repayment assistance remains low, said CGSI.