Lending & Credit

South Korea’s corporate loan growth quickened in Q3: report

This was thanks to a rise in loans made to the service sector during the period.
4 days ago

South Korea’s corporate loan growth quickened in Q3: report

This was thanks to a rise in loans made to the service sector during the period.
4 days ago

South Korean banks’ average mortgage rates hit three-year high: report

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

UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy

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

Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong

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

Citi raises record $40b sustainable financing for APAC clients in 2021 YTD

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

China offers banks cheap funding for lending to green firms

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

DBS’ net profits jump 31% to $1.7b in Q3

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

Standard Chartered partners with Kredivo to offer BNPL in Indonesia

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

HSBC Singapore extends S$6m green loan to Durapower Group

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

OCBC extends S$148m green loan to Tong Eng Group unit

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

China deems 19 banks 'too big to fail'

These banks face new capital and regulatory requirements.

Indonesia’s Bank Raya, BRI unveil online loan facility for BRILink Agents

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

FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s

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

South Korean banks’ loan delinquency ratio up in August: report

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

South Korean bank’s household loans rise faster in September: report

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

Japan’s rural banks embrace more risks in search of profits

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