Lending & Credit
Korea's foreign banks see increased overseas borrowing
Korea's foreign banks see increased overseas borrowing
Foreign bank branches in South Korea have increased their overseas borrowing so far this year.
SME Bank taps BSN branches for collection
With better a collection system, SME Bank expects its NPLs to decrease to 15% by year-end, from 17% last year.
NIDC Bank asked to raise capital
NIDC has been asked by Nepal's central bank to increase its capital so that it could invest more and facilitate growth of productive industries.
Dena Bank to fund agri warehouses
Dena Bank will fund the creation of warehousing infrastructure by Star Agri in Tier 2 and 3 cities.
China's banking authorities deny 30% home lending discounts
The PBOC said reports that it allowed 30 percent lending discounts to first-time home buyers contain deliberate misinterpretations.
TienPhongBank to lend $144M in low interests
TienPhongBank has allocated US$144 million to provide low-interest loans for enterprises.
S. Korean banks warned against loan defaults
Loan delinquency rates have accelerated in Korea, making it imperative for lenders to better manage their loans.
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.
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