Lending & Credit

Thailand's KBank targets 5-7% loan growth in 2023

Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
1 day ago

Thailand's KBank targets 5-7% loan growth in 2023

Thailand's economy will recover unevenly, varying across different businesses, KBank's CEO noted.
1 day ago

High inflation, interest rates may increase Southeast Asian banks’ loan problems

Both asset quality and profits will weaken but should be manageable, says Moody’s.
1 day ago

Weekly Global News Wrap: BNP Paribas vows to slash oil lending; Bank of America employees awarded restricted stock

And Barclays names ex-Credit Suisse dealmaker as head of investment banking.
3 days ago

China overseas loan commitments dwindle as firms adapt “small is beautiful” approach

Only 28 new loan commitments were recorded in 2020 and 2021.
4 days ago

Less than 10% of global energy financing went to renewables: study

Of the $2.5t funneled to energy firms, only $178b were for clean energy activities, the report said.
4 days ago

Korean banks’ bad loans ratio up 0.02ppt in November

Ratio reflects loans overdue by at least one month.
5 days ago

Filipinos spent 9 years in total using digital lending apps in 2022

Over 2.3 million users actively used a digital lending platform at least once a month.
5 days ago

Economic growth to cushion rising risks faced by ASEAN banks

Tightening of interest rate cycles in 2023 will weaken asset quality, says Fitch.

Banks in South Korea to maintain eased stance in extending loans: report

Increased lending capacity and intensifying competition encourage banks.

China’s big four banks $550m short of meeting loss provision

Expect a flurry of senior non-preferred issuance bonds from the lenders.

Mizuho Bank inks MOU with Morocco’s Attijariwafa Bank for ESG collaboration

It expands their earlier business cooperation MOU signed in August 2019.

Citi names Sanjay Nambiar as head of cards and unsecured lending for APAC, EMEA

Nambiar has worked across various roles in his 17-year career with Citi.

South Korea’s household lending rate soars to highest in 10 years: report

The household lending rate hit 5.57% per annum on average in November.

Indian banks’ lending to NBFCs up 150% from pre-COVID levels

In November, banks' outstanding credit to NBFCs rose 33% from 2021.

Banks must amp up management of nature risks in net zero policies: WWF

Science-based decarbonisation targets must be set to improve their energy sector portfolios.

Indonesia’s Bank Danamon expected to hit $245m profits in 2023: analyst

Synergy with parent company MUFG will help grow its corporate and SME loans.