Lending & Credit

KTB eases payment terms, boosts 2H09 lending

KTB anticipates approving loans of not less than US5.2 billion in the second half of the year.

KTB eases payment terms, boosts 2H09 lending

KTB anticipates approving loans of not less than US5.2 billion in the second half of the year.

SCB, FTI extend capital support to entrepreneurs

The SMI Capability Enhancement Project is offering financial support of up to US$2.938 million per entrepreneur for the second year.

KTB providing loans to all industrial sectors

Krung Thai Bank approved over US$17.63 billion loans to telecommunications, automobiles and the petro-chemical industries in the first half of 2009.

KTB to provide $294M in support of stimulus plan

Krung Thai Bank has prepared US$294 million for loans to entrepreneurs wanting to start new businesses. This accommodates the Thai government's...

HSBC ups SME loan fund to $2.064 billion

HSBC increased its SME loan fund by US$516 million to US$2.064 billion, to accommodate applications of Hong Kong's loan schemes.

KEB, Samsung strengthen cooperation in acquisitions

Korea Exchange Bank wants to enhance its competitiveness in mergers and acquisitions...

Krung Thai Bank lends almost $880M in 5 months

KTB injected money through loans to over 40,000 retail clients with credit line of US$30 million, enabling total personal loans to grow to US$8.8...

HSBC boosts SME loan fund by $516M

HSBC is adding US$516 million to its SME loan fund in Hong Kong, the second increase this year, for a total of US$1.548 billion in lending since...

Siam Commercial pursues more housing loans

Siam Commercial Bank launched a special campaign to stimulate housing demand with the Asian Property Development PCL.

JBIC finances SMEs through RHB

JBIC has extended a two-step Untied US$100 million loan aimed at providing finance to SMEs in Malaysia through RHB Bank.

BDO Leasing still Philippines’ industry leader

BDO Leasing’s total revenues in 2008 climbed 10.18 percent to US$28.9 million to maintain its leadership in the Philippine financing industry.

Hong Leong briefs clients on FGI scheme

Hong Leong Bank conducted a presentation cum briefing in support of the Financial Guarantee Insurance Scheme of the Malaysian government. The...

Chinese banks ready for credit card war

They musn't be reading the same newspapers as us, because China Minsheng Bank is planning to issue 15 million credit cards over the next three years.

Moody's lowers JEM ratings from A2 to A3

Moody's Investors Service has downgraded the long-term ratings of JEM Southbank Pty Limited to A3 from A2. The outlook is stable.

Maybank Singapore loans doubled over 9 months

Maybank Singapore doubled its loan portfolio, mostly with new customers, under Spring and IE Singapore Financing Schemes from December 2008. Eighty...

Wing Lung Bank chalks up corp banking growth

Hong Kong’s Wing Lung Bank said its corporate banking division expects to grow corporate loans 30 percent this year.

Oops, they cut the dividend

Indonesia’s Bank Rakyat says it will cut dividends 35 percent as it faces government pressure to crank out loans with loan growth expected at 22...