Lending & Credit
HKMA, Bank Negara and Euroclear Bank launches joint post-trade service
HKMA, Bank Negara and Euroclear Bank launches joint post-trade service
They aim to process cross-border Asian debt securities transactions centrally via a single link through the Common Platform.
HSBC sees Philippines as major renminbi market
HSBC’s push to become the largest international renminbi bank also targets the Philippines.
Corporate demand for bank credit wanes in China
Bank lending might have plunged 30% in April from March.
India in denial over S&P downgrade of financial system
India seems hesitant to accept the reality of a negative rating from Standard & Poor's.
SBI aims 19-20 % credit growth
State Bank of India eyeing a credit growth of 19-20 percent in the current financial year.
Danamon's Q1 lending up 23% with $11.6B
Bank Danamon fueled a 23 percent year-on-year growth in loans for Indonesia’s in the first quarter of 2012.
Banks are bullish on Malaysian SMEs
Malaysian banks have a winner in the country’s growing legion of small and medium enterprises.
Vietnam to miss target growth for business loans
Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned.
Moody’s rates Hong Kong’s and China’s banking industry
Ratings agency Moody's Investors Service affirms the stability of the banking system in Hong Kong and China.
Chinese banks cut mortgage rates
Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market.
ANZ raises mortgage rates
ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20.
Sacombank earmarks $48M soft loans for prioritized borrowers
Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012.
Other Aussie banks could follow ANZ's rate rise lead
Australia'sthree other big banks are not ruling out interest rate hikes after ANZ's rate increase on home and small business loans.
Chinese banks intensify lending
Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy.
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.
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