Lending & Credit
Malaysia’s outstanding loans up 6% in June
Malaysia’s outstanding loans up 6% in June
                                                                                                 
                        
                          Business loans lifted overall growth, whilst household growth was slower.
                    
                                        
                    
                Malaysia’s business loans slated for up to 7% growth in 2024
                                                                                                 
                        
                          However, softer credit demand is seen from the household segment.
                    
                                        
                    
                Thailand postpones card repayment rate hike amidst borrower struggles: report
                                                                                                 
                        
                          The central bank will continue to promote consolidation of home and retail debt.
                    
                                        
                    
                South Korea’s deposit, loan interest rates dip in June
                                                                                                 
                        
                          Average interest rates for new and outstanding loans and deposits fell.
                    
                                        
                    
                MUFG invests $393m in PH superapp GCash’s parent company
                                                                                                 
                        
                          Globe Fintech Innovations operates GCash and Fuse Lending.
                    
                                        
                    
                More data needed for sustainable financing— experts
                                                                                                 
                        
                          Banks are struggling to get the right data at the right place.
                    
                                        
                    
                PH banks report rise in household loan demand for Q2
                                                                                                 
                        
                          Demand for both loans to households and enterprises rose, official data showed.
                    
                                        
                    
                Philippine banks more wary of lending to companies
                                                                                                 
                        
                          Borrowers’ net profiles and profitability reportedly deteriorated in Q2.
                    
                                        
                    
                Indonesia’s new loans rise in Q2
                                                                                                 
                        
                          New loan disbursements are expected to further grow in Q3.
                    
                                        
                    
                CashOn launches digital currency lending matching platform in Hong Kong
                                                                                                 
                        
                          CashOn connects customers to licensed financial institutions.
                    
                                        
                    
                Citi names Ed Huntsman as head of financing, markets for Asian markets
                                                                                                 
                        
                          Huntsman will remain global head of financing for spread products.
                    
                                        
                    
                RCBC unable to sustain improved capital amidst bad loans: Moody’s
                                                                                                 
                        
                          Its NPL ratio is “one of the weakest” amongst its domestic peers, Moody’s said.
                    
                                        
                    
                MUFG hires ex-UBS, SVB directors for healthcare finance arm
                                                                                                 
                        
                          The hires strengthen MUFG’s middle market healthcare businesses.
                    
                                        
                    
                Cambodian banks’ bad loans ratio to peak at 7.7% in 2026
                                                                                                 
                        
                          Its tourism and real estate sectors continue to lag behind the economy.
                    
                                        
                    
                DBS Hong Kong has sufficient buffers for property downsides
                                                                                                 
                        
                          The bank is expected to maintain strong capitalisation and profitability.
                    
                                        
                    
                South Korean banks’ bad loans sees uptick in May
                                                                                                 
                        
                          The delinquency rate stood at 0.51%, 0.03ppt higher than in April.
                    
                                        
                    
                India mandates banks to issue fraud notices: report
                                                                                                 
                        
                          The time allotted to respond should not be less than 21 days.
                    
                                        
                    
                
                                
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
                	        
						
                
                
                
                
                
                
                
                
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