Lending & Credit

Clear skies ahead for Aussie banks as economy improves

Banks can withstand NPL growth due to loan loss reserves.

Clear skies ahead for Aussie banks as economy improves

Banks can withstand NPL growth due to loan loss reserves.

Hong Leong floats green vehicle financing for Singapore vehicle rental firms

The Vehicle-Green Loan offers a rate as low as 1.5% per annum.

HSBC floats plan to phase out coal financing by 2040: report

The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.

Lower credit costs to drive Singapore banks' earnings rebound in 2021

Sufficient provisions, steady capital positions should reduce risks in the near term.

DBS provides $60m structured trade facility to Indonesia petrochemical producer

Chandra Asri aims to expand export growth of petrochemical products from the country.

China's central bank offers $31b liquidity for banks' medium-term loans

The PBOC said authorities won’t make 'sharp turns' in monetary policy.

DBS raises sustainability finance target to $50b by 2024

Companies have doubled down on ESG commitments due to the pandemic, the banks noted.

South Korean banks' loan delinquency rate flat in November

Compared to November 2019, delinquency rate is down 0.14 percentage points.

South Korean banks' household loans hit $896b in 2020

This was pushed by a sustained rise in mortgage loans.

South Korea mulls tightening rules on overdrafts: report

Household debt reached a record high of $1.47t in June.

APAC banks' problem loans to double by 2022: Moody's

India and Thailand are the most vulnerable.

China's shadow banking credit growth to slow in H2: Moody's

The upcoming lower interest rates on informal lending will kick on growth prospects.

China's MSE loan programme to strain banks' profitability

The banking system is expected to extend $420b in new loans to micro and small businesses.

Chart of the Week: Chinese banks' loan growth slows to 13% in August

New loans have reached about $2.1b for the first eight months of 2020.

Indian banks now face less risks from corporate loans

Current performing loans can now better handle stress.

South Korean banks' credit loans hit $105b in August

Consumers rushed to buy apartments or to simply make ends meet.