Lending & Credit

Pessimistic forecasts for China’s banking sector

Pessimistic forecasts for China’s banking sector

China’s first private bank posted a second-quarter net income 20% larger than the year before but triggered a sell-off at the Hong Kong exchange that...

Alliance sees growth in Malaysia's consumer, SME sectors

Alliance Financial Group is pushing for more more business in the consumer and SME sector.

Chinese banks face worsening short-term liquidity

A steady fall in foreign direct investments are crimping the expansion of China’s monetary base.

China’s Big Four dominate world’s top banks

China’s state-owned banks remain among the world’s most profitable and the largest in market capitalization.

Malaysian govt unit to offer new financing to technopreneurs

Malaysia Debt Ventures Bhd plans to develop three innovative financing products for technology SMEs by year-end.

Maybank tops expectations on loans growth

Driven by growing loans and wealth management services Maybank beat expectations with a 25 percent rise in second-quarter net profit of RM1.44...

NPL ratio of Chinese commercial banks remains at 0.9%

The NPL ratio of China's commercial banks at the end of June remains unchanged from the end of the first quarter at 0.9 percent.

Bad debt ratio of 18 Korean bank slips in Q2

The bad debt ratio of 18 South Korean banks fell in the second quarter from three months earlier.

Thai banks set standards on lending to condo developers

Commercial banks in Thailand are more inclined to focus on medium-sized to large property developers, which are less likely to default, bank...

ICICI Bank cautious about lending

ICICI Bank has become picky about lending to power and infrastructure projects, stopped motorcycle loans and has stopped offering new credit cards.

Chinese banks extend US$84.9b new loans in July

This is over 20% below the market forecast of US$108 billion.

Philippine bank lending increases 14.9% in 1H

Total outstanding loans among Philippine banks grew 14.9 percent to P2.95 trillion at the end of the first semester.

Maybank targets double-digit growth for prepaid cards

Maybank expects to issue 10,000 prepaid cards within the next 12 months as it targets double-digit growth in the sector within three to four years.

Indian banks face more farm loan defaults

A massive drought is leading to a wave of farm loan defaults that threatens to boost the non-performing loans of Indian banks. The Reserve Bank of...

Australian banks accused of cheating on home loans

A consumer advocate has accused Australian banks before a Senate inquiry of providing home loans to those who can't afford home loans, and tampering...

Household loan growth hits 4-month low among Korean banks

Household loans grew at the slowest pace in four months in July among South Korean banks as the growth of mortgage lending eased amid a tepid...

S. Korea's Eximbank raises credit line with Russia's OAO Sberbank

The Export-Import Bank of Korea raised its credit line with Russia's OAO Sberbank to help finance South Korean companies' business projects.