Lending & Credit

DBS floats Singapore's first green car loan

It offers a 1.68% p.a car loan and the bank is also donating trees for every loan taken up.
3 months ago

DBS floats Singapore's first green car loan

It offers a 1.68% p.a car loan and the bank is also donating trees for every loan taken up.
3 months ago

DBS raises sustainability finance target to $50b by 2024

Companies have doubled down on ESG commitments due to the pandemic, the banks noted.
3 months ago

Standard Chartered, UOB grant $5.29b green loan to Gaw Capital consortium

It will be used to acquire the property 1111 King’s Road in Hong Kong.
3 months ago

South Korean banks' loan delinquency rate flat in November

Compared to November 2019, delinquency rate is down 0.14 percentage points.
4 months ago

South Korean banks' household loans hit $896b in 2020

This was pushed by a sustained rise in mortgage loans.
4 months ago

China to let commercial banks sell bad loans: report

As much as $155b of non-performing personal loans could be offloaded.
4 months ago

Korea Development Bank issues $1.5b bonds to foreign investors

The lender said it floated the bonds at the lowest interest rates ever.
4 months ago

Japan bank loans hit record high as firms brace for pandemic strains

Outstanding loans reached $5.5t in December, 6.2% higher than last year.
4 months ago

New property loan rules a positive for China's banking sector: Moody's

It will help steer banks’ credits towards companies with stronger balance sheets.
4 months ago

Hong Kong's mortgage loans up 7.4% in November 2020

The number of mortgage applications rose to 11,375 during the month.
4 months ago

Philippine bank RCBC to stop financing coal plants

It is the fourth ASEAN bank that has announced plans to do so.
5 months ago

Indonesian finance and leasing firms headed for gradual recovery in 2021

An improving economy should support better loan recoveries.
5 months ago

Singapore bank loans down for fifth straight month

Demand-supply conditions for loans remains soft going into Q4, says OCBC Treasury Research.
5 months ago

South Korean banks' profits in jeopardy with interest rates still low

The Bank of Korea is expected to continue its low interest rate policy well beyond 2021.
5 months ago

P2P lending platform Rai Capital launches in Cambodia

It can onboard investors outside of the country.
5 months ago

Indonesian banks repel central bank pressure to cut lending rates

The sector claims clients don't want to borrow in the first place.
5 months ago

Japan's banking giants see profits drop as they buff up against bad loans

Capitalization remains under pressure for UFG, SMFG, and Mizuho.
5 months ago