Lending & Credit
Malaysia Building Society to shell out $591mln loans
Malaysia Building Society to shell out $591mln loans
CEO Ahmad Zaini expects the loans to improve lender's liquidity.
Woori, Citibank Korea cope with hefty bad loans
The two lenders grapple to slash their bad loans to comply with government's bad loans requirement.
Uncertainty prompts BEA to support SpGS extension
BEA welcomes the HKSAR Government’s six month extension of the application period for the Special Loan Guarantee Scheme. It will be extended up 30...
Mandiri is optimistic despite incurring huge bad loans
Mandiri still managed to enjoy 0.29 percent increase in NPL ratio despite having $313-million non-performing loans.
Big Indian banks to stop offering special schemes
Reserve Bank of India's Q2 review prompts two India banks to defer 8 percent promo loans.
BDO builds micro-finance centre for marginalised sector
A US$258,000 centre for the microfinance programmes of the CARD MRI Development Institute has been completed by Banco de Oro.
HSBC product boosts environment-friendly projects
HSBC encourages customers to undertake capital investment in projects that have a positive environmental impact with its Green Financing product.
Two Chinese banks compete for consumer credit operation in Shanghai
Backed by the central government, the winner between Bank of China and the Bank of Shanghai will offer loans at cheaper rates aimed to boost economy...
China rolls over $36 billion bonds issued to CCB
Chinese government extends maturity of bail-out bonds for another ten years after CCB announced inability to repay loans.
Kasikorn, Minsheng collaborate for new product
The two banks set to launch new loan plan to solve financing woes of SMEs.
StanChart Thailand eyes to reduce risk
Stanchart targets US$1 billion worth of secured loans in 2012 by shifting its strategy.
Zarai Taraqiati pegs credit plan at $968M
Zarai Taraqiati Bank Limited's new credit plan for fiscal year 2009-10 will amount to US$968 million for different development schemes.
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.
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Asian Banking & Finance Fintech Awards 2025 Winner: Lester Cruz of Singlife Philippines
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