Lending & Credit

Relief extension for Chinese shadow banks beneficial but limited: Fitch

It will not offset the impact of investor risk aversion.

Improvement in sight for India's shadow lenders

But concerns still remain amongst investors amidst asset quality concerns.

Banks' loan delinquency rate falls to record low in June: report

Delinquency rate for loans extended to both companies and households declined.

South Korean bond issuance soared 73.5% to $17.5b in July

This is due to higher sales of low-grade bond issues through private placement.

South Korean banks' consumer loans rise 2.3% in July

People scrambled to buy apartments before prices rose too high.

Indian banks rush to lend against $1.5t hoard of gold

Firms are expanding their gold-backed loans to accommodate families sitting on $1.5t hoard of the precious metal.

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.