News
South Korean banks to further ease lending in Q3: report
South Korean banks to further ease lending in Q3: report
Household loan growth has slowed as borrowing costs rose, according to Yonhap.
Banks in South Korea are expected to further ease lending in the third quarter, even as credit risks are expected to rise, reports Yonhap, based on a survey conducted by the Bank of Korea (BOK).
An index gauging banks’ attitude toward home-backed loans and unsecured household lending stood at 14 and 19, respectively, for the July-September period, according to the findings of a poll of officials handling credit affairs at financial institutions (FIs)—which include 18 banks.
A reading above zero means the number of lenders that will ease lending surpasses that of banks planning to tighten lending criteria.
Prosperity REIT enters first sustainability-linked interest rate swap with DBS Hong Kong
The REIT secured a five-year HK$800m sustainability linked term loan with the bank in 2021.
India crackdown on non-bank lending to hit fintech investments
Deal activity in Q2 was 25% lower than the previous quarter.
30% of Singaporeans to have digital bank accounts by 2023
In 2022, the percentage of adults who have a digital bank account climbed to 21%.
Chinese depositors call to release savings from frozen assets of 6 rural banks: report
The head of these banks' parent company is on the run and wanted for financial crime.
South Korea regulator calls for banks to intensify loan assessment: report
Fast-rising interest rates are expected to hit borrowers’ capacity to repay loans.
Singapore’s credit, charge card payment market to grow 6.5% through 2025
The value of debit card payments will grow by 7.2% in 2022.
Chart of the Week: APAC investment bank fees down 9% in H1
ECM fees fell 42% after a record-setting 2021.
Dah Sing Bank partners with Japan’s Norinchukin to promote Japanese food, agri products
Dah Sing’s board has also appointed Junji Mori and Yuichi Tashita of Norinchukin as managers.
MUFG sells shares in Hong Kong’s Dah Sing Bank
MUFG’s predecessor Sanwa Bank had bought 13% of DSFH shares in 2000.
DBS Hong Kong launch Green Mortgage
Customers can earn cash rebates of up to 0.1% upon successful application.
Public Bank raises lending rate, fixed deposit rate by 0.25%
This follows after the local regulator raised its policy rate by 25 basis points.
OCBC, Standard Chartered complete 30-year SORA OIS trade
The 30-year SORA OIS trade was the first transaction cleared by LCH.
Weekly Global News Wrap: Ex-Goldman SEA chairman’s sentencing for 1MDB fiasco delayed; Crypto trader Voyager goes bust
And Credit Suisse names new head of private banking in Switzerland.
Singapore big three banks poised for earnings growth
UOB, OCBC, and DBS have strong non-interest incomes.
DBS appoints ex-Vickers HK CEO as head of private banking, Greater China
Carol Wu has been with DBS for 14 years.
Crédit Agricole CIB announces new senior hires for APAC
The hires are for the Debt Origination and Advisory department.
Thought Leadership Centre
Most Read
1. Asia’s banking elite celebrated at Asian Banking & Finance Awards 2026 2. Digital banks bet on AI to unlock outsized ROI 3. Human oversight remains central as insurers adopt agentic AI: valantic 4. Travel trends reshape banks' payment strategies: Euromonitor 5. Citi expands AI rollout to IndonesiaResource Center
Read Here
Advertise
Sign Up
Event News
Prudentials Mohit Tandon said usage is now the million-dollar question.
Commentary
How alternative data lending is reaching Southeast Asia's unscored MSMEs
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?