Lending & Credit
BofA sees 60% surge in QR sign-ups for CashPro platform
BofA sees 60% surge in QR sign-ups for CashPro platform
CashPro has surpassed 2 million users globally.
Weaker rupiah won’t weight much on Indonesian banks
There is a limited mismatch between their deposits and FX loans, says Fitch.
Philippine banks' lending grows at a slower pace in March 2025
Consumer loans grew 23.6% from more credit cards, motor vehicles, and general loans.
South Korea’s household loans rose KRW5.3t in April 2025
Household loans extended by banks rose at a faster pace compared to the previous month.
Singapore banks deliver resilient Q1 earnings and reaffirms capital mgmt plans
Exposure to clients exporting to the US accounted for just 2% of loans.
Indonesian banks won’t be hit by export-related woes
Their exposure to export-oriented companies is small at 2.5%.
NBFCs emerging as key lender to India’s micro and small businesses
They outpaced banks in growing their share of MSME loans.
SMBC board opposes proposals to amend articles on financial and climate risk
The board said that the proposals are inappropriate.
Taiwan’s domestic banks extended $1.42b SME loans in March
NPL ratio rose 0.02 percentage points to 0.25%.
Australia cancels licence of Queensland’s Thistle Financial Group
It has reportedly ceased to carry on a financial services business.
Credit Saison India secures $150m funding from Japan’s Mizuho Bank
Mizuho Bank had earlier made an equity investment for a 15% stake in the company.
China remains committed to supporting megabanks: analyst
The megabanks are expected to expand lending to support “national priorities.”
Weekly Global News Wrap: Citi faces $1b Oceanografia lawsuit; Unicaja denies Sabadell merger rumors
And Commerzbank is gearing up to execute its strategy as a standalone bank.
Ashika Credit Capital to consolidate two businesses and launches new subsidiary
Its new subsidiary will focus on Category II alternative investment funds.
Malaysia’s development banks told to plug lending gap for MSMEs
Productive sectors need more capital to stimulate the slowing economy.
CIMB still on track to hit 2025 loan growth target
Clients have reportedly turned cautious.
Banks must diversify income and review pricing: analysts
They must identify customer relationships with low or negative profit.
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