Lending & Credit
Exim Bank Malaysia to disburse $486M in loans
Exim Bank Malaysia to disburse $486M in loans
Exim Bank Malaysia had approved RM800 million or US$259M in loans as of April, according to its Managing Director/CEO Datuk Adissadikin Ali.
Individuals to drive banking growth in India
India’s bankers remain confident that extending credit to individuals is the correct path to growth.
Reserve ratio to be cut again in China
China takes another step to shore-up its beleaguered banking sector.
BNZ prefers to offer fixed interest rates
Home buyers are interested in a short-term fixed loan, this is the observation of Bank of New Zealand retail director Andy Symons.
Bandhan targets 30% growth
Bandhan Financial Services set a 30% growth target for 2012-13 after growing by 50% last fiscal.
HKMA, Bank Negara and Euroclear Bank launches joint post-trade service
They aim to process cross-border Asian debt securities transactions centrally via a single link through the Common Platform.
HSBC sees Philippines as major renminbi market
HSBC’s push to become the largest international renminbi bank also targets the Philippines.
Corporate demand for bank credit wanes in China
Bank lending might have plunged 30% in April from March.
India in denial over S&P downgrade of financial system
India seems hesitant to accept the reality of a negative rating from Standard & Poor's.
SBI aims 19-20 % credit growth
State Bank of India eyeing a credit growth of 19-20 percent in the current financial year.
Danamon's Q1 lending up 23% with $11.6B
Bank Danamon fueled a 23 percent year-on-year growth in loans for Indonesia’s in the first quarter of 2012.
Banks are bullish on Malaysian SMEs
Malaysian banks have a winner in the country’s growing legion of small and medium enterprises.
Vietnam to miss target growth for business loans
Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned.
Moody’s rates Hong Kong’s and China’s banking industry
Ratings agency Moody's Investors Service affirms the stability of the banking system in Hong Kong and China.
Chinese banks cut mortgage rates
Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market.
ANZ raises mortgage rates
ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20.
Sacombank earmarks $48M soft loans for prioritized borrowers
Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012.
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Commentary
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