Lending & Credit

60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch

Basel’s current framework encourages continued build up of risk, the nonprofit warned.

News

60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch

Basel’s current framework encourages continued build up of risk, the nonprofit warned.

News

Banks’ commercial real estate woes in China to persist for two more years: report

Property developers just posted their worst first-half earnings in over a decade.

News

APAC banking markets to tighten macroprudential policies in 2023: Fitch

Malaysia and Thailand will take steps to strengthen their mortgage sectors, said Fitch.

In Focus

Weekly Global News Wrap: Citi to divest Mexico consumer arm via sale or IPO; Wells Fargo hires third-party race auditor

And China’s homeowners rush to offload mortgages.

News

Taiwan bad loans increased by $400m in July

Total outstanding loans increased to $1.19t at the end of July.

News

Citi Philippines raises Home Credit’s facility to $14.3m

This is almost double the $7.36m it approved last May.

News

Public Bank teams up with Sunway Property for financing green development projects

Customers can avail of a special sustainable financing package.

News

APAC’s non-bank financial institutions face liquidity challenges: S&P

One NBFI failure is enough to trigger a domino effect and collapse a whole market.

News

Weekly Global News Wrap: Citi cuts mortgage staff; Banks offer pingpong, free meals in back-to-office push

And UK officials classify $1.27b small business loans as suspected fraud.

News

Bank of China bad loans, capitalization ‘stable’ amidst real estate woes: S&P

BOC’s NPL ratio for mainland real estate loans rose 62 basis points in H1.

News

Earnings remain key weakness of Japanese banks: Fitch

Impact of rising interest rates in the US will be mixed, the ratings agency said.

In Focus

Validus, Citibank establish $100m facility for SME financing

The facility is collateralized by SME loans by Validus’ Singapore arm.

News

Australia’s Judo Bank on track for earnings growth

Its net interest margin is expected to be 3% over the next two years.

News

Rethinking the mortgage lending experience

There is no denying the recent volatility of the real estate market. During the pandemic, US lenders saw record numbers of mortgage applications...

Commentary

China’s small, regional banks gain lifeline with planned NPL disposal initiative

But local asset management companies may face pressure to acquire bad debt at prices that make it challenging to earn a commercial return.

News

South Korean banks’ NIMs to support stable profitability in H2

South Koran banks’ rising net interest margins or NIM should support its profitability in the second half of 2022, reports Fitch Ratings.

In Focus

China’s banks set to trim loan rates to bolster borrowing: report

This comes after new yuan loans in July fell to just a quarter of the amount in June.

News