Lending & Credit
Higher loan demand, low credit losses spell better year for PH banks
Higher loan demand, low credit losses spell better year for PH banks
Philippines’ digital banks will continue to make losses due to weak asset quality.
Thailand’s KBank targets 5% loan growth in 2024 under ‘3+1’ strategy
The bank is scaling up its wealth advisory business to grow fee income.
Majority of Philippine banks to maintain lending standards in Q1: survey
Banks maintained their credit standards for households, corporates in Q4.
Thailand’s KBank unlikely to meet credit cost normalisation target: analysts
Credit costs are expected to remain at a high level in 2024.
DBS, OCBC to log higher net profits, muted loan growth for Q4: analyst
DBS may hike its quarterly dividend by 6 cents to return surplus capital.
New loans in Indonesia to moderate in Q1: survey
The weighted net balance is at 96.1% in Q4 2023, but is only expected to be 44.6% in Q1.
South Korea’s financial firms expect loan demand to rise in Q1: survey
Credit risks from corporations and households are also expected to rise, however.
Bangkok Bank sees net profit rise 42.1% to $1.16b in 2023
Net interest income rose, but fees and service income decreased.
Bangkok Bank earmarks over $560m for SME loan program
It aims to help Thai SMEs either expand to foreign markets or assist those still impacted by COVID-19.
India’s ICICI Bank to maintain healthy earnings in the near term
Credit growth is expected to remain strong, at between 17% to 20%.
Indonesian banks extended more new loans in December
This was thanks to a rise in demand from both corporates and households.
Thailand lays out measures to ease household debt crisis
Over 10 million Thai debtors are said to be facing repayment problems.
8 in 10 Filipinos say formal credit options more accessible in 2023: Digido
At least 1 in 2 respondents had an outstanding loan from a formal lender.
Zhongzhi bankruptcy amplify contagion risks of non-bank wealth management products: analyst
Shadow bank Zhongzhi filed for bankruptcy in January 2024.
South Korean bank’s corporate lending fell in December: central bank
The Bank of Korea blamed this on seasonal factors.
Bank lending to Korean households rose slower in December
Home mortgage lending continued to expand, but other loans contracted.
Philippine bank lending up 7% in November 2023
Loans to production activities rose thanks to a growth in real estate and energy activities.
Thought Leadership Centre
Most Read
1. Built to last: How Japan is approaching the cross-border payments challenge 2. DBS to hire over 500 young talent in 2026 amidst AI push 3. MAS revokes BSQ payment licence over false disclosures and risk failures 4. Grab takes control of Indonesia’s Superbank via GXS transfer 5. HK banks to gain on IPO surge and stabilising property marketResource Center
Read Here
Advertise
Sign Up
Event News
It is wading downstream from mortgages to lend to developers, hardware stores, and the likes.
Commentary
Built to last: How Japan is approaching the cross-border payments challenge
Asia’s 20% advantage: The simplification strategy rewriting banking from Singapore to Shanghai
Perth is emerging as an unlikely testbed for the future of global finance