Lending & Credit
Australia cancels licence of Queensland’s Thistle Financial Group
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.
Filipinos spent 49 years using non-bank digital lending apps in 2024
Active users wer said to have spent 12 minutes and 14 seconds per month using such apps.
BSP warns of entity fraudulently using its name and logo
The entity collects fees and personal info to purportedly secure clearance for loans.
Malaysia fines two money services firms for non-compliances
Merchantrade and JAGS were penalized for non-compliance with the Money Services Business Act 2011.
MUFG’s Indonesian loan subsidiaries announce merger
MFIN will be dissolved, and ADMF will be the surviving entity.
Majority of Philippine banks maintain loan standards in Q1
Over 8 in 10 banks anticipate maintaining loan standards in Q2 2025.
Uno Digital Bank enhances lending with new loan management system
It reportedly reduces manual lending processes and supports multichannel disbursements.
Kiatnakin Phatra Bank can reduce losses on sale of repossessed vehicles
Net profit fell by 30% to THB1.06b in Q1 2025.
Japan Post Bank to begin offering disaster recovery housing loans
The 41 branches with a loan service department will begin offering the service.
Union Bank of the Philippines ‘aggressive’ growth strategy brings more problem loans
Its problem loan ratio is expected to remain at the 6% to 7% range in 2025.
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