Lending & Credit
Asia-Pacific tops in mobile banking
Asia-Pacific tops in mobile banking
The Asia-Pacific will continue to have the most number of mobile banking users in the world.
Competition among small and big Chinese banks increasing
Small Chinese banks are taking away business from their bigger, state-owned rivals with simple offerings such as higher interest rates.
China to relax limits on lending
China's central bank implemented an interest rate cut by 25 basis points, the first reduction since the end of 2008.
China bank lending accelerates in May
Beijing said bank lending and the money supply were above expectations in May.
Liberalization to stoke volatility in China's banking sector
The stable policy environment that is the foundation of stability in China's baking sector is under threat.
India encourages banks to salvage junk assets
The Indian government wants has created new rules to encourage state-owned banks to salvage junk assets.
Macao increases private sector loans in April
Macao's loans to local private sector increased 1.3 percent month-to-month in April to US$21.56 billion.
Malaysian and Indian banks broker deal to boost trade
Malaysia-India trade stands to improve with the recent deal among a Malaysian and two Indian banks.
China liberalizes interest rates
China raised the ceiling on deposit rates to 110 percent of the benchmark from 100 percent. This is in addition to the parallel 25-basis-point cut in...
S. Korea's Eximbank pursues repayment from N. Korea's Chosun Trade Bank
South Korea's Export-Import Bank of Korea has called on North Korea's Chosun Trade Bank to pay back food loans that became due this week.
Agribank offers $477M in low-interest loans for exporters, importers
Agribank will provide preferential loans worth VND 10 trillion or US$477.4 million for exporters and importers at a 12% annual interest rate.
Malaysia's Exim Bank collaborates with India's ICICI Bank and Yes Bank
Export-Import Bank of Malaysia has signed a collaborative deal with India's ICICI Bank and YES Bank, to further enhance Malaysia-India trade.
ANZ takes credit for delaying interest rate cuts
ANZ is claiming credit for initiating independence from the central bank in determining interest rates.
Credit slowdown lingers in China
China's lending and deposit rates remain stable, while outstanding loans still show a downtrend.
CBRC worried over Chinese banks' risky behaviors
Chinese banks are urged to focus on raising capital than taking on more risks.
Singapore's bank lending in April up 0.6%
Singapore's bank lending totaled 340.1 billion U.S. dollars in April, up from 338.0 billion U.S. dollars in March, according to statistics by the...
Korean banks in cutthroat fight for customers
Korean banks are luring new customers by offering them great deals.
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