Lending & Credit

Philippine bank loans up 12.2% in February

Consumer loans to residents rose by 24.1% during the month.

India tightens microfinance rules to curb borrower overleveraging

Lending in the sector has slowed down as tighter rules began rolling out in 2024.

Chart of the Week: 1 in 4 Filipinos have used BNPL services

The number of unique users rose by 40% as of end-2024.

India revises priority sector lending guidelines

It broadened the purposes for renewable energy loans and revised UCB targets.

Mannapuram Finance gets growth boost from Bain Capital’s stake acquisition

It will enable the Indian gold lender to invest in new age tech like AI, for example.

RBI Governor tells urban cooperative banks not to break depositors’ trust

Malhotra stressed the importance of maintaining high standards for customer service.

SCB X eye more profits from Gen 2 firms as Thai corporates cut bank loans

Its banking services loan portfolio contracted in 2024, whilst those from Gen 2 expanded.

SMBC Aviation Capital receives $445m settlement for terminated Russian contracts

SMBC expects to record equity gains of affiliated companies amounting to $250m.

Taiwanese SME loans rise in January on more bank loans

Average NPL ratio is 0.03 ppt higher than a month earlier.

Philippine banks report “generally strong” loan growth in Q4

Some major banks’ saw dramatic rises in NPL ratios.

South Korea’s household loans rise in Feb on higher mortgage demand

Home mortgage loans expanded at a faster pace than in January.

More Gen Z Hong Kongers taking up revolving line accounts

New accounts granted to them more than doubled.

Vietnam calls on banks to enhance financing for Mekong Delta rice industry

Banks are asked to ensure no delays or denials in loan access for those with good business plans.

South Korea’s industrial lending up $2.27b in Q4 2024

Loans to working capital fell but rose for facilities investment.

Hong Kong’s uFinance offers student loans to college students

They can borrow up to $21,050 per semester, at an interest rate of 6%.

Philippine bank lending rises on higher credit card, motor loan demand

Lending to key industries such as real estate and retail trade also rose.