Lending & Credit
Leveraging new opportunities for managing investments
Companies across Asia are seeing significant increases in the amount of cash they are holding.
Leveraging new opportunities for managing investments
Companies across Asia are seeing significant increases in the amount of cash they are holding.
Bank Rakyat to boost Islamic pawn broking business
Bank Rakyat will open 13 Ar-Rahnu X'Change Franchise branches to bring its total to 30 branches this year.
ABC boosts SME financing
By end of 2010, ABC's SME customers reached 63,485 and small-sized enterprises were 39,965, with an increase of 2,076 and 2,338 respectively compared...
ICBC Bill Department optimizes business portfolio
The ICBC Bill Department registered a transaction turnover of more than US$132.5 billion and US$158 million in profit.
CIMB Thai targets 20% loan growth
The lender also plans to issue $990.59mn in bonds to strengthen capital.
Foreigners’ investment in short-term bonds in Thailand up by $2.55bn
Japan's disaster and high uncertainty in the world economy prompted local and foreign investors to focus on short-term bonds.
Vietnam Development Bank to cut loans by 10.5%
VDB cut its target of disbursing loans to investment projects by US$143.9 million, or 10.5 per cent, to US$1.19 billion in 2011.
Sacombank inks $5M credit contract with Norwegian fund
Norfund will provide a $5 million to Sacombank-SBL for 5 years.
Oceanbank cuts lending rates to support exporters
Oceanbank cut dollar and dong lending interest rates from March, 2011 to support exporters who committed to sell back dollar income to the bank.
Siam Commercial to auction shareholding in SICCO
SCB will divest its shareholding in SICCO through a public auction. With this process, Siam Commercial Bank will ensure that it openly canvasses a...
ABC to intensify support for government-subsidized housing
ABC will keep close watch on relevant policies to intensify its efforts in supporting the construction of government-subsidized housing, while shift...
CIMB Niaga micro-lending doubles to $19.03mn
The lender was able to release $57.25mn in 2010 as the lender sees room for further optimization on business behind huge market potential.
China banks ordered to "properly handle" mortgage loans
The China Banking Regulatory Commission ordered banks to "properly handle" problems related to housing loans and protect the rights of customers...
Gia Dinh Bank to issue bills of exchange again in 2011
Gia Dinh Bank will continue issuing short-term bills of exchange for the second time in 2011.
Vietnam banks warned for violating interest rate regulations
The State Bank of Viet Nam warned leaders of Kien Long Bank and Western Bank for interest rate violations.
ICBC anticipates growth in consumer loans
Industrial and Commercial Bank of China expects significant growth in its personal consumer loan business over the next five years.
Vietnam inspectors say banks gave loans to wrong borrowers
Vietnam International Bank, Military Bank, Techcombank, Sacombank and Asia Commercial Bank are being blamed for a loss of around US$7.6 million to...
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