Lending & Credit
Sumitomo Mitsui Financial Group to halt funding for coal plants
Sumitomo Mitsui Financial Group to halt funding for coal plants
This marks the 18th global financial institution to exclude coal for funding in 2020.
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
Citi rolls out relief measures for APAC customers
The bank is offering waivers for credit card clients and commercial clients.
DBS provides $122.08m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Chart of the Week: India's retail loans will reach $566.7b in 2023
It reached a 17% CAGR to $319.1b in 2018.
Chart of the Week: Half of Korean banks' loan quality imperiled by prolonged COVID-19 outbreak
This could impact the broad service and manufacturing sectors that make up about 58% of loans.
Mapletree Investments clinch $316.7m sustainability loan from OCBC
This is Mapletree Group’s fourth sustainable finance transaction with the bank.
HDFC bank appoints new Additional Non-Executive Director
Karnad has been associated with the property and mortgage industry for over 40 years.
India's shadow banks hit with $15.1b in debt repayments
Meeting the deadlines will be a challenge given the domestic funding crunch.
World Bank launches $12b COVID-19 package for developing countries
It aims to strengthen countries’ health services and support the private sector.
OCBC enables instant car loan approvals
It only takes 60 seconds to approve a loan.
Maybank, ING top creditors of embattled trader Agritrade
The Singapore-based commodity trader owes $303.11m to the two banks.
China lets banks waive bad loans from COVID-hit firms
Qualified businesses can apply for delays until end-Q2.
CIMB Singapore announces new measures for coronavirus-hit firms
Tourism-related firms are eligible for a $1m loan with a 5% interest rate.
Chinese banks' latest LPR cut to derail NIMs, profits
Loan prime rate dropped 10 basis points to 4.05% on February 20.
DBS converts $758m bank guarantee facility into green facility
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.
DBS Group prices $1.4b issue at 3.3%
The deal is said to bear the lowest coupon for any AT1 USD deal in the world.
Thought Leadership Centre
In Association with
Most Read
1. Banking turmoil from Indonesian SWF flagged 2. How embedded finance and AI are reshaping Malaysia’s finance sector 3. CIMB pledges S$2.98b to support Johor-Singapore SEZ 4. DBS and OCBC expected to report lower margin in Q1 on SORA easing 5. Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loansResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Value migration to non-bank players with a "focused" model is accelerating.
Commentary
Why high capital levels are a double-edged sword for Singapore banks