Lending & Credit
PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime
PH cybercrime body, JuanHand ink MOA on combat fintech lending cybercrime
They will develop a data and information sharing mechanism.
Thai banks to fall short of loan growth targets in 2024: analyst
Banks have a cautious stance as their lending policy for Q4.
Philippine banks to tighten lending standards in Q4: survey
Banks cite a deterioration in borrowers’ profiles and their profitability.
Malaysia invests $906.67m to enhance MSME lending, Islamic finance
It also mulls establishing the Consumer Credit Commission.
Hong Kong unveils sustainable finance action agenda
Banks are required to achieve net zero in their operations by 2030.
South Korean banks’ bad loans rise in August
The delinquency rate of SMEs and households rose during the month.
Australian mortgage arrears rise to highest in 10 years
Borrowers may have been affected by inflation and interest rate hikes.
Low deposit growth spell loan funding challenges for Indian banks
The banks may opt to borrow more, according to Fitch.
CIMB tries to rise to the challenge of net zero banking
The Malaysian lender is setting realistic decarbonisation goals.
RAB, Summerland merger will enhance their business stability: S&P
Their risk-adjusted capital ratio should remain above 15%.
Tighter policies drag South Korean household loan growth in September
Banks have supposedly stepped up their efforts to manage household debt.
SME loans in Taiwan rose in August
A total of NT$10.17t loans has been extended to SMEs.
Mizuho expands mid-term finance emission targets
The targets are aimed to be met by FY2030.
Mizuho, UNDP team up to support impact businesses
UNDP will provide Mizuho with advisory services.
Hang Seng has approved $60m of SME loans with HKMA’s account data sharing model
Customers can authorize Hang Seng to directly retrieve info and data from other participating banks.
Asian businesses brace for stricter lending standards— survey
Over half of respondents said that lending standards will become more restrictive.
Taiwanese banks extend more loans in August
The average NPL ratio remained the same as the month prior.
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