Lending & Credit

SMBC Consumer Finance to open 4 Chinese offices

SMBC Consumer Finance to open 4 Chinese offices

Its consumer loan unit intends to open the branches in the next three years. Sumitomo Mitsui Financial Group, Inc. wants to focus its capital on...

China's NPLs reached a whopping US$79b at the end of 2012

Asset management companies will be set up to fend off risks.

Bank Rakyat Indonesia's growth in micro loans feared to slow

Average loan yields in micro loans have dropped to 20% in 2012.

BIDV signs cooperation agreement with IIB

Bank for Investment and Development of Vietnam will receive US$65 million credit.

Mortgage loans in Hong Kong declined 15.9%

Blame it on the property cooling measures.

China gets tougher on shadow banking

New rules intend to slow explosive growth of the gray market.

Agricultural Bank of China reports record growth in loans to SMEs

Big Four bank said loans hit US$96 billion in 2012.

This is how HKMA's tighter regulations help banks' credit profiles

The more severe 300bp interest-rate stress test is a boon after all.

Bangkok Bank to expand personal loan offering

Bangkok Bank is studying he best way to expand in the personal loans sector.

Bank lending to local government financing vehicles curbed

China urges local governments to abide by the rules to avert more bad loans.

Alibaba to finance Guangdong's small businesses

Alibaba will offer collateral-free credit loans to small business owners in Guangdong Province. It is building up its financing arm to tap its...

Loan penetration extremely low in ASEAN

Guess which country has the lowest loan penetration at 30% of GDP?