Lending & Credit
Bao Viet Bank raises demand deposit interest rates to 12%
Bao Viet Bank raised demand deposit interest rates for businesses to the highest of 12% per annum.
Bao Viet Bank raises demand deposit interest rates to 12%
Bao Viet Bank raised demand deposit interest rates for businesses to the highest of 12% per annum.
ACB, Sacombank found violating interest rate support
Government investigators found Asian Commercial Bank and Sacombank violating interest rate support.
SRR hike no visible impact on banks' credit growth : OSK Research
The decision to raise the Statutory Reserve Requirement by 100 basis points to 4.00 per cent effective July 16, is unlikely to have any visible...
Japan bank lending on 19th month of decline
Outstanding loans of Japanese banks fell 0.6 % in June from a year earlier.
SME Bank on target for RM1.5 B loan dispersal
SME Bank is on target to disburse RM1.5 billion in loans by year-end.
SC First Bank punished for illegal metal loan service
South Korea's financial watchdog penalized SC First Bank for its violations of local banking laws such as the illegal handling of metal loan services...
VGS and ABBank sign 100b dong credit contract
Vietnam-Germany Steel Pipe Joint Stock Co signed a short term credit contract worth 100 billion dong ABBank's Vinh Phuc branch to support its working...
Offshore RMB market strengthens HK's status: report
The offshore RMB market will strengthen the competitiveness and status of Hong Kong as an international financial center, according to the Economic...
Vietnam banks struggle to lower non-manufacturing sector loans
Six of 17 banks in Ho Chi Minh City are struggling to slash credits for non-productive sectors to 22% of their total outstanding loans.
ICBC provides petty loans for individual industrial and commercial households
ICBC rolled out the pilot service of personal petty loans to meet their funding needs, providing small RMB loans for their short-term working capital...
SCB-KTB extend loan to Index Living Mall
Siam Commercial Bank has been appointed as the mandated lead arranger for a 4.01-billion-baht syndicated loan with Krung Thai Bank to Index living...
Bangkok Bank joins JBIC in helping Japanese companies in Thailand
Bangkok Bank and the Japan Bank for International Cooperation will help Japanese companies in Thailand with a new lending program called "Two Step...
Singapore banks show stunning loan growth at 24.2% YoY
And this is driven by business loans which expanded 27.5% in May.
NAB CEO allays fears on home loan debt
Clyne said the current European financial crisis has yet to affect its funding costs.
Korean government to impose stricter requirements on banks
Banks are required to meet the loan-to-deposit ratio of 100% by June 2012, earlier than the existing deadline of end 2013.
UCO Bank launches loan center for SMEs
The lender’s SME loan processing centres facilitate loan applications with credit requirement ranging from $55,666 to $5.57mn.
Debt threats: China’s alarming credit-to-GDP ratio jumps from 120% to 166% in March 2011
Total system credit financing also increased by 71% to Rmb26.7 tn during 2009 and 2010.
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