Lending & Credit
Chinese banks prepare for more bad loans
Chinese banks may see their asset quality fall at some time in the future if the country's monetary tightening policies and liquidity squeezes...
Chinese banks prepare for more bad loans
Chinese banks may see their asset quality fall at some time in the future if the country's monetary tightening policies and liquidity squeezes...
Siam Commercial Bank increases loan target to 15%
Yet despite strong loan growth, the bank's net interest margin for the first quarter was 3.14%, below the expected 3.2%.
Sumitomo, consortium eye RHB stake
Sumitomo Mitsui Banking Corp and a private equity consortium are eyeing a 25% stake in RHB Capital Bhd.
StanChart Vietnam offers e-saver
Standard Chartered Bank Viet Nam has offered 12 per cent interest on current accounts. E-Saver current account customers will enjoy 12 per cent...
Maybank’s Indonesian unit first quarter loans up 41%
Corporate loans posted the highest growth of 48% while consumer and SME and commercial lending soared by 39% and 38%.
NAB steps up campaign to generate more loans
The bank believes its campaign of offering to pay the exit fees for mortgage customers who desert its competitors is key in outpacing the market.
India urges lenders to increase farm lending
Indian government seeks support from banks for the growth of the sector.
Bank Mandiri to take active role in weaponry development
State-owned Bank Mandiri will finance the construction of two 40-meter missile boats for the Indonesian Navy. The deal is worth Rp 65.97 billion or...
Small-loan firms sprout in China
China's small-loan business kept expanded rapidly in the first quarter with additional 3,027 small loan companies by end of March.
Bank Rakyat's branch surpasses I-Aslah loans target
Bank Rakyat's Pasir Mas branch exceeded its target for the I-Aslah loans scheme in giving out loans totalling more than RM31 million for the first...
Maybank Singapore launches two new home loan packages
The first package is the Hybrid Rate Home Loan and the second package is the Ceiling Rate Home Loan.
BNI lends 122% more for infrastructure as of March
Bank BNI disbursed US$1.16 billion or Rp 10 trillion in infrastructure loans as of March. This is an increase of 122 per cent from Rp 4.5 trillion at...
IDBI Home Finance ready to merge with parent firm
IDBI Home Finance got a go signal top merge with its parent IDBI Bank from the Corporate Affairs ministry.
Leveraging new opportunities for managing investments
Companies across Asia are seeing significant increases in the amount of cash they are holding.
Bank Rakyat to boost Islamic pawn broking business
Bank Rakyat will open 13 Ar-Rahnu X'Change Franchise branches to bring its total to 30 branches this year.
ABC boosts SME financing
By end of 2010, ABC's SME customers reached 63,485 and small-sized enterprises were 39,965, with an increase of 2,076 and 2,338 respectively compared...
ICBC Bill Department optimizes business portfolio
The ICBC Bill Department registered a transaction turnover of more than US$132.5 billion and US$158 million in profit.
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