Lending & Credit

Singapore banks halt lending for Russian energy trades: report

DBS, OCBC, and UOB have reportedly stopped issuing letters of credit.

Singapore banks halt lending for Russian energy trades: report

DBS, OCBC, and UOB have reportedly stopped issuing letters of credit.

Chinese banks urged to support affordable rental housing dev't: report

This comes after Beijing vowed to keep the property market stable.

UOB to facilitate US$2.4b pipeline of investments in Vietnam

This is expected to create 13,000 jobs in the country.

APAC banks face lower credit losses: S&P

Credit losses in 86 banking systems globally are expected to equal $635b in 2022. 

Thailand banks’ loans grew 6.5% in 2021

But gross non-performing loans rose slightly during the year.

Taiwan SME loans reach $310b in December 2021

The FSC also reported numbers on credit card, cash card, and e-payment businesses.

Bank of the Philippine Islands’ asset quality is on the path for improvement: S&P

The bank’s non-performing loans ratio is expected to further decline in 2022.

South Korean banks’ mortgage rates hit highest level in seven years: report

The loan rate averaged 3.63% in December, 0.12 ppt higher than a month earlier.

Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income

The impact on mortgage loans will not be felt until January 2023.

Bad loans of Philippine alternative lenders to decrease in 2022: study

The rate of their bad loans has hovered around 10% to 10.5%.

ING appoints ex-Westpac senior director as head of real estate finance in Australia

Darren Beatty has worked for the institutional banking teams of Westpac and CBA. 

Financial institutions key for energy investments, B&R Initiative to go green: PwC

Decisions on green finance now will lock in emissions trajectories for decades.

South Korean banks' lending fell in December

This marked the first on-month decline for a month of December since 2004.

Relaxed monetary policies impart little boost on new lending in China

Banks remain cautious over credit quality–and further cuts will do little to change their minds.

Philippine banks’ bad loans total $9.41b in November 2021

The figure is a slight improvement from October’s gross NPLs.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

HSBC grants HK$1b green loan to Chinachem Group

The group plans to cut in half its carbon emissions by 2030.