Lending & Credit
India will continue bond sales to sap liquidity
India will continue bond sales to sap liquidity
Pledges defense of rupee in a calibrated manner.
Mizuho Bank loans US$40 million to Philippines’ second largest telecom firm
Loan will restructure debt profile of Globe Telecom, Inc.
Vietnamese “bad debt bank” now open for business
Mission is to prevent collapse of battered Vietnamese banks.
China worries local government debt could trigger financial crisis
Orders immediate audit of this rising US$1.6 trillion debt.
Mizuho Bank begins offering reverse mortgages to elderly Japanese
Estimates earnings of US$51 billion from product.
Chinese banks boost SME lending
Financial environment for these firms will also improve.
China admits financial sector difficulties
But will implement targeted measures.
Indian banks' loans rise at slower pace
Down almost 5% year-on-year.
Chinese banks up lending to SMEs
Will also improve financial environment for these firms.
Philippine central bank won't impose new lending restrictions
Real demand is seen behind growing demand for real-estate lending.
Taiwan’s banks to receive huge boost from cross-strait pact
Guess what the 4 main advantages are?
No scrapping of China’s bank deposit rate ceiling before 2015
Emplacing a deposit insurance system takes priority.
Chinese banks boost green financing for green projects
Supports drive to promote ecological progress and curb pollution.
Over producing industries not being starved of loans
Chinese government denies ordering halt in lending.
Property loans by Chinese banks surge 130% in H1
Stands at US$212 billion from US$92 billion year-on-year.
Growing household debt in Singapore worries banks
Many households overborrowing in the property market.
Bank funding slows in South Korea
Low interest margins putting a brake on growth.
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