Lending & Credit

Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme

And China gives the first nod to revive Ant IPO.   From Reuters: Financial services and bank holding company State Street has denied reports that it...

Japan megabanks’ bad loans edge up to highest in six years

Billion-dollar exposures to Russia contributed to the negative outlook.

Maybank adopts cautious outlook amidst geopolitical tensions, volatility

The Malaysia lender saw its Q1 profits fall compared to the same period last year.

Thailand bank loans up 6.9% in Q1

Corporate loans continue to grow whilst consumer loans slowed amidst the Omicron outbreak.

HDBank signs MOU with IFC to build supply chain finance portfolio

HDBank hopes to build a supply chain finance portfolio of $1b over the next three years.

South Korean banks’ household lending rise in April

Corporate lending rose to its second-highest monthly figure ever.

Malaysia’s Public Bank raises lending rate by 0.25%

The new base rate will be 2.25%, and base lending rate at 5.72%   Public Bank is increasing its Base Rate (BR), Base Lending Rate (BLR) / Base...

DBS, Xero simplifies SMEs loan application with data-sharing partnership

Xero customers now has the option of sharing their transaction records to DBS.

South Korean banks’ interest rates rise to eight year-high: report

The rising rates have spawned worries in households' repayment abilities.

Japan’s Shizuoka Bank maintains strong loan quality as profits continue to be weak

The bank has the strongest capitalization amongst regional banks in Japan.

Here’s how you build a successful Buy Now Pay Later platform: study

Hiring the right talent and developing a good tech stack are key to success.

MUFG appoints June Raj as managing director for APAC Aviation

She is tasked with growing the bank’s aviation financing portfolio in Asia Pacific.