Lending & Credit

Chinese banks extend lending to small firms

Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply.

Chinese banks extend lending to small firms

Chinese banks have extended more loans to small firms to ease their financial predicaments as the government tightens monetary supply.

Vietnam’s Agribank unhampered by bad debts

Agribank said it faces no finacial problems even as 6.67 percent of its total loans are bad debts.

UOB, OCBC lend $105M to Yinson Securities

Yinson Holdings has signed agreements with UOB Group and Oversea-Chinese Banking Corp Ltd for a US$105 million or RM334.2 million loan.

Banking Amendment Bill positive for Australian banks: Moody’s

The proposed amendments would allow banks, credit unions and building societies to issue covered bonds in the Australian market.

Australian banks grab majority share of new home loans

Most non-bank lenders were absorbed by giant banks after the financial crisis.

Citi opens fourth lending company in China

Chongqing Beibei Citi Lending is the bank’s first lending company located in the western region of China.

Bank of Communications mulls issuing $4.1bn subordinated bonds

The CNY-denominated bonds seen to be released by mid-October.

HSBC mulls boosting India unsecured loan retail unit

The lender keen to execute the plan in a cautious and calibrated way despite plunge in profit.

OCBC Malaysia goes for $1.28bn SME loan disbursement this year

The lender and its local rivals are currently searching for good SMEs with export potentials.

India's housing bank raises provisioning requirement for doubtful assets

The National Housing Bank raised the provisioning requirement for doubtful assets up to 100% while directing housing finance companies to set aside 0...

ICBC post growth in SME loans in midwest and northeast China

ICBC increased its loans to small enterprises in the Midwest and Northeast China in the first seven months from 65.6% or 155.2% respectively against...

Agribank leads Vietnam banks in bad debts with 5.68% at end-June

Agribank,  Vietnam's largest state-owned bank, recorded a non-performing loans rate of 5.68% of its total outstanding loans as of June 30.

Hong Kong banks’ loans to mainland entities exceed 20%

This means that a slowdown and liquidity squeeze there could impact the banks’ asset quality in China.

ABC establishes farming credit policy system

Agricultural Bank of China issued the Construction Plan on the 'Sannong' or farmers-agriculture-countryside credit policy system.

Taiwan banks’ US$9.67bn 2011 SME loans above target

SME loans have increased by US$53.33bn as of July 2011 since July 2005.

China's August lending tops market expectations

China's bank lending quickened to 548.5 billion yuan or $86 billion in August, topping market expectations of 500 billion yuan and rebounding from...

CIMB Islamic to boost group loans by contributing 19%

The lender believes global economic uncertainties would have lesser impact on Malaysia’s economy as it was largely driven by local demand.