Lending & Credit

Bank Negara Indonesia Syariah confident of meeting loan target

Bank Negara Indonesia Syariah confident of meeting loan target

Bank Negara Indonesia's Islamic bank says it is confident of meeting its target of issuing $830 million or Rp 8 trillion in loans this year.

S.Korea central bank freezes key rate for 2nd month

Policy makers of the central bank of South Korea unanimously left unchanged the benchmark 7-day repo rate at 3 percent for September.

Chinese investors shun long-term corporate loans

Chinese businessmen continue to avoid taking out medium- and long-term bank loans over short-term worries about China's rapidly decelerating economy...

S. Korean banks push household lending rate in August

Demand for fixed-rate mortgage and credit loans during the summer vacation pushed the rate of household lending among South Korea's bank.

Growth in Indian realty loans drops to 4%

The waning interest of the Indian banking sector towards real estate lending is reflected in the loan exposure growth rate, which declined to 4...

Chinese banks to reach CNY8.5 trillion new loans target for FY12

But they have to lend out around CNY380-500b of new loans in each of the remaining 4 months.

Is forced bank restructuring the solution to Vietnam's worsening NPL ratio?

Reports say Vietnamese banks' NPL ratio reached 60% - how can banks overcome this?

Pakistani banks write off $1.187B in loans

Pakistan's public and private banks and development finance institutions had written off loans amounting to Rs112.305 billion or US$1.187 billion...

Bank of Baroda cuts home loan rates

Bank of Baroda reduced its home loan rates by 0.25 percent across all categories for both new and existing customers.

Philippine banks awash in too much cash

The Philippines’ central bank warns that the mountain of cash held by Philippine banks could trigger rampant inflation.

ING takeover to boost KB Financial’s life insurance business

KB Financial Group, Inc will soon take ownership of the Korean insurance unit of ING Group.

Indonesian banks warned against misusing non-collateral loans

Bank Indonesia warned commercial banks not to use non-collateral loans to finance customers who were unable to pay the required downpayment.

BNI eyes to boost deposits with more Japanese customers

Bank Negara Indonesia to get more Japanese companies to deposit their funds with them following a partnership agreement with Joyo Bank.

Indian banks' credit growth stagnant in first 5 months of FY13

Dampened investor sentiment caused Indian banks to experience almost stagnant credit growth in the first five months of the fiscal year starting...

Korea's Eximbank ties up with Chinese counterpart

South Korea's Eximbank has signed a cooperation deal with its China's Eximbank to boost bilateral trade.

Chinese and French banks in SME investment alliance

Chinese and French state-owned banks have established a US$189 million fund to support each other's small and medium sized enterprises.

Bank of Tokyo to increase Australian lending

Japan’s largest bank could invest billions of dollars to fund Australian home loans through other means.