Lending & Credit
Cambodian banks breach covenants as bad loans surge
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.
                    
                                        
                    
                Malaysia's private loans grew 5.5% in July
                                                                                                 
                        
                          Growth of working capital loans drove up the number of business loans.
                    
                                        
                    
                Bank of China to weather potential losses, asset quality strains: S&P
                                                                                                 
                        
                          Bad loans ratio for its mainland property loans has shrunk to 4.94% in June 2024.
                    
                                        
                    
                Agricultural Bank of China to withstand property crunch
                                                                                                 
                        
                          Exposure to the mainland property sector has shrunk to 3.67% of its loan book.
                    
                                        
                    
                UnaFinancial reaches $2b in loan disbursements
                                                                                                 
                        
                          At least 65% of its 17.7 million customers get another loan from them.
                    
                                        
                    
                Banks must expand net zero targets, set clearer O&G goals: org
                                                                                                 
                        
                          Japan, SoKor have yet to set medium and long-term targets aligned with a 1.5°C scenario.
                    
                                        
                    
                PH banks’ loans up 10.4% in July
                                                                                                 
                        
                          Growth of loans to residents slowed over the month.
                    
                                        
                    
                BCA walks the talk on sustainable finance
                                                                                                 
                        
                          The Indonesian bank considers the environment and governance in its lending decisions.
                    
                                        
                    
                Thaioil takes up sustainable deposits, linked swaps with SCB
                                                                                                 
                        
                          Funds from deposits will support projects that reduce environmental impact.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
                
                
                
                
                
                
                
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