Lending & Credit
BNI’s Q1 performance ‘on track’
BNI’s Q1 performance ‘on track’
BNI collected up to Rp 1.8 trillion or US$198 million in new mortgages in the first three months of 2012.
VietinBank’s Laos branch to sign $20M credit contract with telco netwrok
VietinBank’s Laos worked with Unitel on detailed agreements to prepare for signing a credit contract worth $20 million.
S.Korean banks reluctant to lend households
South Korean banks are reluctant to lend households in the second quarter due to their weaker capability to repay debts.
Will bad debts continue to hurt Chinese banks?
Reports say that China's non-performing loans surged to US$68b at the end of 2011 - is this the start of a looming credit crisis in China? Find out...
Union Bank to focus on retail lending
Union Bank will focus on retail lending and aim at improving customer service, says its new CMD, D Sarkar.
Nepalese banks' credit flow down by 5%
The credit flow of 32 Nepalese commercial banks to various sectors dropped 5 percent in the first seven months of the current fiscal year.
Philippine central bank accredits 4 rural financial institutions
The Bangko Sentral ng Pilipinas has accredited four rural banks as rural financial institutions.
Viet Capital Bank targets 17% credit growth
Viet Capital Bank is targetting a credit growth target of up to 17 percent, according to its business plan for 2012.
Philippine banking system quite profitable
Its rising incomes should see Philippine banks lend more as the Philippine economy continues on its growth curve.
Bad debt ratio of Korean banks up in Feb
The bad debt ratio for loans extended by Korean banks rose in February.
Tata Capital sets its sights on Asian M&As
The financial services arm of India's Tata Group is on the lookout for profitable acquisitions.
Malaysian banks hopeful of double digit loan growth
Standard Chartered Bank Malaysia projects retail loan growth at single digit; however, there are other growth triggers for corporate loan growth.
BCBS accepts S. Korea's monetary stabilization deposit proposal
The BCBS accepted South Korea's proposal to ease monetary stabilization account deposit rules that can reduce the burden on lenders.
South Korea to probe bank loans
South Korea's central bank will evaluate loans extended by major banks to households and firms in a bid to ensure financial stability.
Union Bank of India hit by Moody’s downgrade
Moody’s Investors Service downgrades the rating of Union Bank of India, one of India's largest state-owned banks.
Malaysia's corporate loans expected to surge
More corporate loans are expected In Malaysia this year and offset the expected slowdown in household loans this year.
Woori Bank raided over lending irregularities
Police raided the headquarters of Woori Bank on suspicionof irregularities and bribe taking in exchange for giving massive loans for a resort project...
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