Lending & Credit

KLeasing loan growth jumps 41 % as net profit increase by 5.8%

Kasikorn Leasing Company's earnings for the first half of 2011 totaled 237 million Baht, an increase of 5.8 percent over-year, said Mr. Isara...

KLeasing loan growth jumps 41 % as net profit increase by 5.8%

Kasikorn Leasing Company's earnings for the first half of 2011 totaled 237 million Baht, an increase of 5.8 percent over-year, said Mr. Isara...

ICBC lends RMB 294M to SMEs in first half

A total of RMB 294.4 billion of loans has been extended to small enterprises through ICBC small business centers, during the first six months of the...

ICBC supports private SMEs in Beijing

ICBC Beijing signed cooperation agreements with Beijing Federation of Industry & Commerce and Beijing Municipal Private and Individual Economy...

ICBC "Merchant Friend Loan" Helps Small Merchants Grow Their Business

In an effort to help small business owners in various merchandise marts access bank loans, ICBC has recently launched the "Merchant Friend Loan".

ICBC provides RMB1.7B equipment leases to SMEs in first 6 months

ICBC Leasing is giving tailored financial leasing solutions are provided to assist SMEs in production expansion and improvement.

SCB boosts personal loan business by 30%

Siam Commercial Bank's personal loan business grew by 30% for the first half of the yearwith an outstanding loan amount of 18 billion baht.

Bangkok Bank and Asian Property sell B1.5 B in debentures

Bangkok Bank and Asian Property Development celebrated the success of the sale of the company’s 3.6-year debentures of Baht 1.5 billion.

5 Philippine banks establish a credit bureau

BDO, BPI, Citibank Philippines, HSBC and Metrobank agreed to form a body to keep track of good, bad borrowers.

BIDV provides 7.7T Dong credit to Becamex IDC

Bidv Binh Duong will provide a credit program worth 7.7 trillion dong in 2011-15 period to Becamex IDC.

Bank Islam extends pawn broking business

Bank Islam opened another Ar-Rahnu Islamic pawn broking branch in Pasir Mas, Kelantan.

Why retail lending origination excellence is important in Asia

Across Asia in recent years, consumer demand for credit cards, unsecured loans and mortgages has increased substantially. With positive demographic...

Bank Central Asia’s loan book expanded 6.6% QoQ

This was largely driven by 10.3% QoQ growth in commercial and SME loans.

BOC loans help support Tibet's development

Bank of China announced that it has provided more than 12 billion yuan or 1.9 billion U.S. dollars of loans to support Tibet's development over the...

Korea's household loans soar in June

Household lending among South Korean banks went up last month due to lower borrowing costs and local lenders'efforts to expand loans. According to...

Vietnam Eximbank allocates VND2 T for exporter loans

The Vietnam Eximbank allocated VND 2 trillion to lend local exporters at interest rates of 19.5% p.a. The loan program lasts for 6 months, designed...

Hong Kong banks help provide elderly with financial options

Seven Hong Kong banks joined the Mortgage Corporation’s Reverse Mortgage Programme to help provide elderly with additional financial planning option...

CIMB Niaga to provide loans to 7-Eleven suppliers

CIMB Niaga will lend financial assitance to 7-Eleven suppliers.