Lending & Credit
Cambodia’s ACLEDA Bank to weather its covenant breaches: S&P
Cambodia’s ACLEDA Bank to weather its covenant breaches: S&P
Funding is ‘strong’ thanks to its position as one of the country’s largest banks.
Thai banks’ weak loan problem starts to bite: analyst
Provisions for expected credit losses now average 30%.
Natixis CIB appoints Saburo Koyama as head of aviation finance in Japan
He set up the Marubeni Corp’s first aircraft leasing arm, MD Aviation Capital.
Taipei Fubon Commercial Bank to achieve good profitability through 2025
Low credit costs and non-interest income will lift profitability.
BRI’s UMi has disbursed $40.53b in loans to MSMEs
Three years after launch, UMi now serves 176 million depositors.
RBI deputy governor calls for enhanced financing access for Indian farmers
Shri Swaminathan Janakiraman suggested five solutions to address financing issues.
Australia’s P&N, Beyond Bank likely to seek other merger opportunities
S&P foresees further consolidation in Australia’s mutual banking sector.
Australia’s P&N Bank scraps proposed merger with Beyond Bank
The merged entity would have been worth about $23.8b.
Cambodian banks breach covenants as bad loans surge
ACLEDA, Hattha Bank, and LOLC have all breached their covenants.
Revolving credit on Taiwan credit cards dips in July
This is despite the total active cards rising to 38.36 million.
Bank Danamon struggles with credit costs due to subsidiary challenges
Credit costs rose to 2.8% in H1 2024.
South Korea’s household loans expand by $7.32b in August
There were “strong housing market activities” in the Seoul metropolitan area.
Taiwanese banks’ total outstanding loans at $1.25t in July
The bad loans ratio remained at the same level as in June 2024.
Maybank invests in MSME finance platform Funding Societies
It did not specify the amount invested.
Indian banks deposits and credit grow at the same pace
Deposits have expanded by $147.73b between January-August 2024.
Public Bank commits $229.7m financing for SMEs
Public Bank is the largest financier of SMEs in Malaysia based on market share.
BRI may miss micro loan growth target amidst asset quality concerns
Micro loans were down 0.9% quarter-on-quarter in Q2.
Commentary
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