Lending & Credit

South Korea’s Hana Bank floats $600m in ESG bonds: report

It carries an annual interest rate of 1.25%.
2 days ago

South Korea’s Hana Bank floats $600m in ESG bonds: report

It carries an annual interest rate of 1.25%.
2 days ago

South Korean banks’ bad loan ratio hits record low in Q

Ratio of bad loans to total lending came at only 0.62% as of end-March.
6 days ago

BRI Agro partners with Payfazz to offer digital banking solutions

Payfazz agents can now offer Pinang’s savings, lending solutions to their 10 million customers.
13 days ago

APAC banks face time bomb of risks amidst new climate change policies

Those who drag their feet when it comes to ESG compliance face a future of impairments, reputational damage.
16 days ago

China’s $1.3t domestic debt hurtles to maturity as defaults surge: report

The huge debt, unprecedented pace of defaults underscores local authorities’ conflicting goals.
20 days ago

China injects $15.5b cash into the financial system to maintain liquidity: report

The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
26 days ago

Singapore bank loans down for 10th straight month, but recovery in sight

The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
1 month ago

MUFG grants $50m loan to California’s largest hydrogen fuel station business

FEF operates more than half of the US state’s hydrogen stations.
1 month ago

Lending remains in doldrums despite APAC’s improved credit conditions

About 18% of the region’s financial institutions still have a negative outlook, says S&P.
1 month ago

South Korean banks to extend $3.1b in loans to low-income citizens

They can expect to secure loans worth up to around $26,000 (KRW30m) per person.
1 month ago

China's central bank urges banks to curb loan growth for rest of 2021: report

The surge in lending during the first two months of the year stoked bubble risks.
2 months ago

China’s central bank urges banks to curb loan growth for rest of 2021: report

The surge in lending during the first two months of the year stoked bubble risks.
2 months ago

KASIKORNBANK arranges first credit facility using new Thai Overnight Repurchase Rate

Holding company Central Group received more than $20m under the credit facility.
2 months ago

Sumitomo Mitsui Banking Corp, JICA launch sustainable finance framework

The framework will apply to overseas co-finance loans.
2 months ago

Clear skies ahead for Aussie banks as economy improves

Banks can withstand NPL growth due to loan loss reserves.
2 months ago

Manulife US REIT secures US$250m sustainability-linked loan from DBS, OCBC

This is the REITs’ first sustainability-linked loan.
2 months ago

Hong Leong floats green vehicle financing for Singapore vehicle rental firms

The Vehicle-Green Loan offers a rate as low as 1.5% per annum.
2 months ago