Lending & Credit
Westpac unit RAMS fined A$20m for compliance failures
Westpac unit RAMS fined A$20m for compliance failures
RAMS failed to supervise its reps to ensure compliance with credit law, amongst others.
Philippine-based Asialink secures $75m loan from Standard Chartered
The $75m is set to provide fresh capital to MSMEs.
India’s bank lending expands as GST cuts spur credit growth
As of 3 October 2025, total bank credit rose 11.4% year-on-year.
Indonesia’s cooperative credit scheme could pose risks as it scales
Cooperatives carry high credit risk due to weak governance, said UOB Kay Hian.
Philippine credit confidence stalls amidst fraud worries
Borrowers view credit cards and personal loans as risky.
Thailand’s finance sector’s credit costs to rise in Q3 on cautious provisioning
Credit costs are expected to decline in Q4 thanks to stimulus packages.
ASB Bank agrees to pay $78.89m to settle lawsuit
The bank maintains that “it makes no admission of liability.”
Subdued car sales in Indonesia dampen NBFIs’ earnings growth
Four-wheel vehicle sales are unlikely to rise above 900,000 units in 2026.
Chinese banks’ interest margins to compress up to 18 basis points in 2025
State-owned banks’ fee income growth is likely to be steady through 2029.
NAB has given out $2b in new green business loans
Demand has surged from businesses related to energy, EVs, property, and agriculture.
India’s consumer loan market to reach $1t in 2029
Increased disposable income is driving demand for housing, vehicles, and durables.
MoneyHero relocates Philippine office
About 24% of its unique users monthly are from the Philippines.
Why Singapore’s digital banks target gig workers and micro businesses
May SME owners use personal bank accounts due to high fees of business accounts.
High loan growth and weaker profitability weighs on Vietnam’s TPBank
Planned injection in a securities company affiliate will also weaken overall capitalization.
MoneyHero Group returns to quarterly profitability in Q2 2025
Platform membership grew 33% whilst EBITDA loss improved as well.
Regulator urges stronger standards in Australia's private credit sector
A review found opaque remuneration and fee structures, amongst other concerns.
Weekly Global News Wrap: Yes Bank ex-CEO charged; US banks cut rates
And a software used by Aussie banks’ is being tested for a possible teen social media ban.
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