Lending & Credit

Malaysia and Thailand will take steps to strengthen their mortgage sectors, said Fitch.

And China’s homeowners rush to offload mortgages.

Total outstanding loans increased to $1.19t at the end of July.

This is almost double the $7.36m it approved last May.

Customers can avail of a special sustainable financing package.

One NBFI failure is enough to trigger a domino effect and collapse a whole market.

And UK officials classify $1.27b small business loans as suspected fraud.

BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.

Impact of rising interest rates in the US will be mixed, the ratings agency said.

The facility is collateralized by SME loans by Validus’ Singapore arm.

Its net interest margin is expected to be 3% over the next two years.

There is no denying the recent volatility of the real estate market. During the pandemic, US lenders saw record numbers of mortgage applications...

But local asset management companies may face pressure to acquire bad debt at prices that make it challenging to earn a commercial return.

South Koran banks’ rising net interest margins or NIM should support its profitability in the second half of 2022, reports Fitch Ratings.

This comes after new yuan loans in July fell to just a quarter of the amount in June.

It is beset with the same issues as of its peers: inflation and interest rates.