Lending & Credit

South Korea's corporate loans rise sharply amidst the pandemic

Loans soared 14.9% from January-May compared to a year earlier.

Majority in APAC still hope to move from LIBOR despite pandemic: poll

Three-fifths have have seen their transition plans grinding to a halt.

Singapore banks' trading print to offset lower interbank rates

Loan growth for the major banks are likely to be 1-2% QoQ.

Non-bank lending to flourish in Asia as incomes diminish

More than two-thirds have prepared for active borrowing.

Falling borrowing costs won't save India's embattled shadow lenders

Worries mount of rising bad debts as the pandemic crisis leaves millions jobless.

Weekly Global News Wrap: Central bankers push to drop Libor by end-2021; Wells Fargo posts $2.4b Q2 loss

And regulators race to enact cross-border payment rules to counteract Facebook.

South Korean banks to reduce lending in Q3: survey

Credit risk scores for the sectors are likely to record an increase, says the Bank of Korea.

MUFG to expand lending business in Thailand with Grab investment

Chief executive Hironori Kamezawa hinted on shifts in their overseas strategy.

South Korean banks' delinquency rate shrinks in June: report

But this was due to more lending out rather than a decline in overdue loans.

China's credit growth peaks as PBOC brakes on easing

The gain will likely last for the short term.

Chinese banks should brace for bad loans: CBIRC

Outstanding non-performing loans totalled $514b in end-June.

Australian banks' loan deferral extension targets 'cliff' risks: Fitch

It will also give borrowers headroom to examine their financial conditions.

Australia's big banks to extend loan repayments for select customers

But customers who can resume paying their loans are required to do so.

HDFC Bank extends instant auto loan to Tier 2, 3 Indian cities

It will be available to clients with pre-approved offers.

Japan's bank lending surges at record pace in May

Pandemic-struck companies turn to loans to meet funding needs.

Siam Commercial Bank launches joint home loan scheme

It offers home loan options for Thai couples buying their first home with Sansiri.