Lending & Credit

Rich banks not lending enough money to real economy

The People's Bank of China insists that China’s cash-flush banks lend more money to productive sectors of the economy.

Indonesia expects slower lending growth

A slowdown in exports and a new lending rules will hobble lending growth by Indonesia's commercial banks in the second half of the year.

India banking sector slows on sputtering economy

Banks' credit grew just 1.2% in the first quarter of the fiscal year that began in April.

Nirvana Venture buys TranServ stake

Nirvana Venture Advisors has picked up an equity stake in TranServ, a prepaid payments program manager.

More credit loans eyed for Vietnam businesses

Senior experts made online discussions of ways of handling low growth of credit loans in Vietnamese banks.

Vietnam's OCB to get credit loans for SMEs

The Orientation Commercial Bank of Vietnam will get a credit loan worth US$10 million from the International Finance Corporation to support SMEs.

Industrial Bank of Taiwan to open leasing outlet in Tianjin

Industrial Bank of Taiwan is planning to open a financial leasing outlet for small-and medium-sized enterprises in Tianjin within the year.

Agrobank to disburse $15.7M in loan with new product

Agrobank expects to disburse at least US$15.7 million in loans with the launch of its latest product aimed at reducing the financial burden of the...

Bank Jatim stock sale to fund SME loans

Bank Jatim's lending in the first half has reached 94 percent of its full-year target touching Rp 18 trillion or US$1.9 billion, up 12 percent from...

Coping with sluggish bank lending in Asia

The year 2012 has not been good for the Asian banking industry. Credit growth is falling in most Asian countries. For instance, new lending by the...

HDFC quarterly net up 18.6%

HDFC reported 18.6 percent net profit at Rs.10,019.10 million for the quarter ended June 30 against Rs.8,445.30 million in the same period last year...

Japanese banks see growth in lending to Korean conglomerates

Japanese banks are targeting South Korean conglomerates seeking funds for global expansion.

Philippines' BDO targets loan growth of 20%, income growth of 19%

BDO expects a loan growth of over 20-percent in the next three to five years with the expanding economy.

Indonesia's BCA expects less lending due to down payment regulations

PT Bank Central Asia expects lower consumer lending due to the implementation of minimum down payments.

Indonesia's Mandiri enjoys loan growth with small home financing

Bank Mandiri's mortgage loans grew by 29 to 30 percent in the first half as it expanded into financing smaller houses.

Banks come to the rescue of struggling Indian exporters

The Indian government is turning to its banking sector to prop-up its sagging economy.