Lending & Credit
Singapore’s business support measures to sustain banks’ asset quality
Singapore’s business support measures to sustain banks’ asset quality
Wealth management income will benefit from stock exchange-related incentives.
Southeast Asian countries' credit growth diverges
Thailand has been hit with weak economic growth, whilst
Westpac cuts home loan, deposit interest rate by 0.25%
Westpac Life and Westpac eSaver rates are affected.
Westpac lets home loan clients set-up offset accounts with no extra fees
Home loan customers can create up to 10 offset accounts.
Loan matching platform Lendela names new CFO, CTO
Lendela is planning to scale business across Hong Kong and APAC.
Singapore unveils BL checker for banks
Banks can automatically retrieve data points to verify if the Bill of Lading is genuine.
Taiwanese banks’ bad loans fell in Dec 2024
The NPL ratio remained the same.
Westpac CEO welcomes changes to Australia’s home lending regulations
The bank suggested a more flexible approach to risk tolerance in property construction in select cases.
Taiwanese banks extended more SME loans in December
Average NPL ratio declined by 0.01 percentage point.
Philippine banks expand lending by 12.2% in Dec 2024
Loans for production activities rose 10.8% during the month.
Tight lending rules limit Thai SME credit access
Strict bank requirements and economic instability restrict SMEs' funding options.
EWA fintech Payd raises $400,000 in seed extension round
Its Malaysian partners include McDonald’s, Starbucks, and Banyan Tree.
Overall loan demand in India to “moderate” in Jan-Mar 2025: survey
Terms and conditions for the mining sector are expected to become stricter.
Netbank partners with Jia Financing to offer SME loans
Jia will assign their invoice financing loans to Netbank.
Kasikornbank headed for year of portfolio clean-up
UOB Kay Hian “surprised” regarding the Thai bank’s flat loan growth target.
Malaysia’s private non-financial sector loans up 5.2% in Dec 2024
Business loan growth moderated although SME loan growth was “sustained.”
Most MSMEs in Asia seek bank loans first, but success rate remains low at 57%
Amongst all funding options, microfinance institutions had the highest success rate.
Commentary
Why high capital levels are a double-edged sword for Singapore banks