Lending & Credit
HSBC ups SME loan fund to $2.064 billion
HSBC increased its SME loan fund by US$516 million to US$2.064 billion, to accommodate applications of Hong Kong's loan schemes.
HSBC ups SME loan fund to $2.064 billion
HSBC increased its SME loan fund by US$516 million to US$2.064 billion, to accommodate applications of Hong Kong's loan schemes.
KEB, Samsung strengthen cooperation in acquisitions
Korea Exchange Bank wants to enhance its competitiveness in mergers and acquisitions...
Krung Thai Bank lends almost $880M in 5 months
KTB injected money through loans to over 40,000 retail clients with credit line of US$30 million, enabling total personal loans to grow to US$8.8...
HSBC boosts SME loan fund by $516M
HSBC is adding US$516 million to its SME loan fund in Hong Kong, the second increase this year, for a total of US$1.548 billion in lending since...
Siam Commercial pursues more housing loans
Siam Commercial Bank launched a special campaign to stimulate housing demand with the Asian Property Development PCL.
JBIC finances SMEs through RHB
JBIC has extended a two-step Untied US$100 million loan aimed at providing finance to SMEs in Malaysia through RHB Bank.
BDO Leasing still Philippines’ industry leader
BDO Leasing’s total revenues in 2008 climbed 10.18 percent to US$28.9 million to maintain its leadership in the Philippine financing industry.
Hong Leong briefs clients on FGI scheme
Hong Leong Bank conducted a presentation cum briefing in support of the Financial Guarantee Insurance Scheme of the Malaysian government. The...
Chinese banks ready for credit card war
They musn't be reading the same newspapers as us, because China Minsheng Bank is planning to issue 15 million credit cards over the next three years.
Moody's lowers JEM ratings from A2 to A3
Moody's Investors Service has downgraded the long-term ratings of JEM Southbank Pty Limited to A3 from A2. The outlook is stable.
Maybank Singapore loans doubled over 9 months
Maybank Singapore doubled its loan portfolio, mostly with new customers, under Spring and IE Singapore Financing Schemes from December 2008. Eighty...
Wing Lung Bank chalks up corp banking growth
Hong Kong’s Wing Lung Bank said its corporate banking division expects to grow corporate loans 30 percent this year.
Oops, they cut the dividend
Indonesia’s Bank Rakyat says it will cut dividends 35 percent as it faces government pressure to crank out loans with loan growth expected at 22...
Chinese Banks make "crazy" loans to prop up China Eastern Airlines
Crazy Chinese bank lending continues apace with news that three of China’s government-controlled banks have just lent over US$6 billion to an airline...
China's big banks risk 90's loan debacle repeat: Fitch
Massive government-directed lending by China's top banks to roads and railroads risk repeating credit mistakes of 90's which cost $650 billion to...
ANZ bad debts double to AUD$1.37 billion
Ex HSBC banker and now ANZ chief Mike Smith may be regretting pumping AUD1$million into his bank last year, given the bank just blew its profit...
Taiwanese banks face profit wipeout on restrictions
How does a cut in your interest rate from 20 percent to 9 percent sound? Not great if you are a Taiwanese bank, which may see the government cap...
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