Lending & Credit
Vietnam banks still cautious on lending
Vietnam banks still cautious on lending
Fears of credit availability still linger as banks remain cautious towards new lending.
CIMB Niaga’s micro loans surge 352% to $130.9M
CIMB Niaga's micro lending segment surged 352 percent last year to Rp 1.2 trillion or US$130.9 million from Rp 271.9 billion in the previous year.
India cuts banks’ reserve ratio to jolt flagging economy
The Reserve Bank of India surprised everyone by reducing the amount of deposits banks must set aside as reserves effective March 10.
Chinese bank lending lower than expected in February
Chinese banks extended 710.7 billion yuan or $112.5 billion in new loans in February, well below market expectations of 750 billion yuan.
Malaysian and Hong Kong banks to offer Islamic finance in China
Affin Holdings and Bank of East Asia expect their Islamic bank to become operational by 2H12.
BCA, Mandiri top $1.1B net profit in 2011
Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits.
Malaysian banks to post 7% earnings growth this year: Analyst
Malaysia's banking sector is expecting a seven percent earnings growth this year.
Loans gush from top Chinese banks
The Big Four Chinese banks ramp up lending in an effort to stave off a further weakening of the Chinese economy.
Agribank to double lending growth by 2015
Agribank aims to expand its operations and double its credit growth by 2015 even as it undergoes a partial privatisation.
Chinese banks loosens stranglehold on struggling property market
China begins to relent after two years of resorting to almost Draconian measures to cool down an overheated property market.
CIMB Niaga to lend $19.7M to Hotel Sahid
Hotel Sahid Jaya will use US$13 million from the US$ 19.7 milion it will borrow to refinance its loans from Mega Bank.
Mandiri to lend $20.79M to oil palm cooperatives
Bank Mandiri will disburse loans to cooperatives of oil palm farmers to boost the amount of credit disbursed to SMEs this year.
ICBC now allows cash advances through mobile phones
ICBC rolled out its "cardless cash advance" service that could be availed through mobile phones.
Bank of China, Huaxia Bank offer lowest rates for first-home buyers in China
Chinese banks have begun offering preferential loan rates for first-home buyers.
Bank Mandiri allocates $4.3 B for SMEs
Bank Mandiri is allocating about 4.3 billion U.S. dollars of loans to SMEs across the country this year,
Possible consequences of letting Chinese banks buy time
The Financial Times and other media outlets reported yesterday that the Chinese authorities plan to “instruct” banks to roll over their credits to...
Car manufacturer urges banks to be considerate in implementing guidelines
Perodua urged local banks to implement new guidelines in stages to allow a soft landing for both the players and consumers.
Thought Leadership Centre
Most Read
1. Leading banks, financial companies lauded at Asian Banking & Finance Awards 2025 2. OCBC Bank (Malaysia) Berhad recognised at Asian Banking & Finance Wholesale Banking Awards 2025 3. UOB acknowledges penalty for anti-money laundering breaches 4. Standard Chartered faces legal battle over $2.7b fraud claims in 1MDB case 5. UOB signs MoUs to support business expansion across ASEANResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Event News
The financial institution emerged as the recipient of the Green Deal of the Year - China and Green Deal of the Year - Singapore awards.
