Lending & Credit
5 Philippine banks establish a credit bureau
5 Philippine banks establish a credit bureau
BDO, BPI, Citibank Philippines, HSBC and Metrobank agreed to form a body to keep track of good, bad borrowers.
BIDV provides 7.7T Dong credit to Becamex IDC
Bidv Binh Duong will provide a credit program worth 7.7 trillion dong in 2011-15 period to Becamex IDC.
Bank Islam extends pawn broking business
Bank Islam opened another Ar-Rahnu Islamic pawn broking branch in Pasir Mas, Kelantan.
Why retail lending origination excellence is important in Asia
Across Asia in recent years, consumer demand for credit cards, unsecured loans and mortgages has increased substantially. With positive demographic...
Bank Central Asia’s loan book expanded 6.6% QoQ
This was largely driven by 10.3% QoQ growth in commercial and SME loans.
BOC loans help support Tibet's development
Bank of China announced that it has provided more than 12 billion yuan or 1.9 billion U.S. dollars of loans to support Tibet's development over the...
Korea's household loans soar in June
Household lending among South Korean banks went up last month due to lower borrowing costs and local lenders'efforts to expand loans. According to...
Vietnam Eximbank allocates VND2 T for exporter loans
The Vietnam Eximbank allocated VND 2 trillion to lend local exporters at interest rates of 19.5% p.a. The loan program lasts for 6 months, designed...
Hong Kong banks help provide elderly with financial options
Seven Hong Kong banks joined the Mortgage Corporation’s Reverse Mortgage Programme to help provide elderly with additional financial planning option...
CIMB Niaga to provide loans to 7-Eleven suppliers
CIMB Niaga will lend financial assitance to 7-Eleven suppliers.
Bao Viet Bank raises demand deposit interest rates to 12%
Bao Viet Bank raised demand deposit interest rates for businesses to the highest of 12% per annum.
ACB, Sacombank found violating interest rate support
Government investigators found Asian Commercial Bank and Sacombank violating interest rate support.
SRR hike no visible impact on banks' credit growth : OSK Research
The decision to raise the Statutory Reserve Requirement by 100 basis points to 4.00 per cent effective July 16, is unlikely to have any visible...
Japan bank lending on 19th month of decline
Outstanding loans of Japanese banks fell 0.6 % in June from a year earlier.
SME Bank on target for RM1.5 B loan dispersal
SME Bank is on target to disburse RM1.5 billion in loans by year-end.
SC First Bank punished for illegal metal loan service
South Korea's financial watchdog penalized SC First Bank for its violations of local banking laws such as the illegal handling of metal loan services...
VGS and ABBank sign 100b dong credit contract
Vietnam-Germany Steel Pipe Joint Stock Co signed a short term credit contract worth 100 billion dong ABBank's Vinh Phuc branch to support its working...
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Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
Lester Cruz, CEO of Singlife Philippines, shares how the Singlife Plan & Protect app reimagines the full customer journey.
Commentary
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