Lending & Credit
Cambodia’s Phillip Bank teams up with property development Sarita Waterside
Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.
Cambodia’s Phillip Bank teams up with property development Sarita Waterside
Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.
Revenue pressures to weigh on Chinese banks in 2023
Loan growth will remain tepid at 11%.
MUFG Bank invests over $230m in Indian fintech DMI Finance
It has serviced over 11 million customers as of end-2022.
Mitsubishi UFJ postpones AT1 bond issuance after Credit Suisse wipeout: report
It plans to issue by late April or mid-May instead, according to a spokesperson.
Standard Chartered arranged $89.6m green loan for Vista Shipping
The funds will be used to buy two LNG-dual fuelled vessels.
OCBC has disbursed S$3.5b under Eco-Care Loans
Two thirds of Eco-Care Home Loan customers live in HDBs.
Banks lagging behind net zero energy goals
Only 7% of energy-related financing extended by banks between 2016 to 2022 went to green energy projects.
Weekly Global News Wrap: Credit Suisse’s $17.2b of bonds written down to none; Credit Suisse says clients may want to move assets after merger
And Hong Kong pushes to become a virtual asset hub.
Japan bank lending up 3.3% in February
Average outstanding amount totalled JPY598.9t for the month.
Singapore bank profits to peak in 2023, but high rates will dampen lending
Margins will peak mid-year, but loan demand is falling.
UOB’s Jacquelyn Tan on triumphing over expectations, biases to succeed in the banking industry
Tan shares how she leads 7,000 people across the region and her thoughts on women in banking.
ING closes Ant Group’s $400m sustainability-linked derivative
Ant Group will receive rebates from ING when it achieves its sustainability targets.
Korean banks' household loans extend decline whilst corporate loans slow
Loans extended to local SMEs rose rapidly in February.
Public Bank offers repayment relief to Malaysia flood victims
Customers affected by the floods can defer monthly loan payments for up to 6 months.
Australia’s mortgage arrears to rise as interest rates erode borrowers’ savings
Many lenders have seen a sharp rise in prepayment rates.
Citi completes sale of Vietnam retail banking, credit card units to UOB
This includes the turnover of approximately 575 related staff.
Thais should invest in Japan’s real estate amidst yen depreciation: Bangkok Bank
Yen has depreciated by up to 30% so far, offering great opportunities for clients to invest.
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HSBC Hong Kong shines at ABF Retail Banking Awards
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