Lending & Credit

MoneyHero revenue up 24% to $20.7m in Q2

Its revenue in Singapore rose by 68%.

MoneyHero revenue up 24% to $20.7m in Q2

Its revenue in Singapore rose by 68%.

HDBank clinches $50m loan to fund climate projects, women-led firms

This brings HDBank’s total credit facility in Proparco to $100m.

Cambodia’s ACLEDA Bank to weather its covenant breaches: S&P

Funding is ‘strong’ thanks to its position as one of the country’s largest banks.

Thai banks’ weak loan problem starts to bite: analyst

Provisions for expected credit losses now average 30%.

Natixis CIB appoints Saburo Koyama as head of aviation finance in Japan

He set up the Marubeni Corp’s first aircraft leasing arm, MD Aviation Capital. 

Taipei Fubon Commercial Bank to achieve good profitability through 2025

Low credit costs and non-interest income will lift profitability.

BRI’s UMi has disbursed $40.53b in loans to MSMEs

Three years after launch, UMi now serves 176 million depositors.

RBI deputy governor calls for enhanced financing access for Indian farmers

Shri Swaminathan Janakiraman suggested five solutions to address financing issues.

Australia’s P&N, Beyond Bank likely to seek other merger opportunities

S&P foresees further consolidation in Australia’s mutual banking sector.

Australia’s P&N Bank scraps proposed merger with Beyond Bank

The merged entity would have been worth about $23.8b.

Cambodian banks breach covenants as bad loans surge

ACLEDA, Hattha Bank, and LOLC have all breached their covenants.

Revolving credit on Taiwan credit cards dips in July

This is despite the total active cards rising to 38.36 million.

South Korea’s household loans expand by $7.32b in August

There were “strong housing market activities” in the Seoul metropolitan area.

Taiwanese banks’ total outstanding loans at $1.25t in July

The bad loans ratio remained at the same level as in June 2024.

Indian banks deposits and credit grow at the same pace

Deposits have expanded by $147.73b between January-August 2024.