Lending & Credit
Chinese banks' record-high lending boost only short-term gains
Chinese banks' record-high lending boost only short-term gains
Short-term loans surged 57.8% in January whilst mid- and long-term loans only rose 5.3%.
Central Bank of India puts up $468m worth of bad loans for sale
Interested parties should submit an EOI and sign non-disclosure agreements for an e-auction on 20 March.
Philippine banks' loan growth cools down to 15.7% in January
Household loan growth slowed to 12.7% in January from 13.6% the previous month.
Bank-backed online loan approval platform in India plugs SME funding gap
Since its launch in November 2018, the platform approved loans worth $4.23b.
Bad loans haunt Singapore banks as asset quality risks mount
The NPL formation of OCBC and UOB rose by 137bp and 94bp respectively in Q4.
Indian shadow banks face cash crunch as developer defaults mount
Cash-short developers have to repay around $18.15b in outstanding debt.
India's Allahabad Bank seeks clearance to transfer bad loans from Hong Kong unit
It aims to sell its lone overseas branch in Hong Kong.
Chinese banks' new loans hit record high at $477b in January
Regulators have encouraged banks to lend more to firms hit by the deleveraging.
Philippine banks agree on $410m debt-equity swap to save troubled Hanjin
The five creditors have agreed to swap debt for shares in the parent firm.
China's shadow banking sector to shrink to half of GDP in 2019
Lenders have been shifting to on-balance sheet activities.
Bad loans threaten Philippine banks amidst steep interest rates
Soured assets held by Philippine banks hit $430m in November 2018.
Indian banks make headway in denting bad debt in Q3
The growth of gross NPAs fell to 8.4% from 30.4% the previous year.
Struggling Chinese firms to lift Hong Kong banks' classified loan ratio to 0.75% by 2019
The number of defaults quadrupled to hit a record $17.68b in 2018.
Thailand braces for fresh wave of bad loans as property market cools
Retail mortgage NPLs account for 16.6% of systemic bad loans and 25.9% of total loans.
Chart of the Week: Vietnamese banks are downplaying their problem loans
Vietinbank, for instance, reports an NPL ratio of 1.4% but the true figure is at least 3%.
Krung Thai Bank's bad loan ratio could fall to 4% in 2019
The bank is in the process of resolving one big corporate NPL.
Vietnam hammers hard on bad loans as banks clear $6.42b in soured assets in 2018
This brings the bad loan ratio to 1.89% in 2018 from 1.99% in 2017.
Commentary
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?
Built to last: How Japan is approaching the cross-border payments challenge