bank loans

Financing platform Funding Societies clinches US$50m loan with HSBC SG

It will use the money to extend more loans to SMEs in Southeast Asia.

Financing platform Funding Societies clinches US$50m loan with HSBC SG

It will use the money to extend more loans to SMEs in Southeast Asia.

China’s banks set to trim loan rates to bolster borrowing: report

This comes after new yuan loans in July fell to just a quarter of the amount in June.

Japan bank lending up 1.8% to record $4.36t in July: report

Companies are borrowing money due to the rising costs of raw materials, an official said.

Indonesia’s LINE Bank launch two new digital loans

The loans feature flexible repayment options.

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. 

1 in 10 Singaporeans defer loan repayments

Majority plan to boost investments and savings.

Weekly Global News Wrap: State Street not buying Credit Suisse; Italy to expire bad loan scheme

And China gives the first nod to revive Ant IPO.   From Reuters: Financial services and bank holding company State Street has denied reports that it is looking to buy Credit Suisse.

South Korean banks' lending fell in December

This marked the first on-month decline for a month of December since 2004.

Maybank Singapore unveils new home mortgage, renovation green loans

The bank expects to process over 500 sign-ups yearly.

Vietnam’s HDBank clinches $50m loan to finance green projects

Green projects have the potential to create over 1,350 jobs in the country.

Japan’s bank lending slowest in nine years: report

The slowdown reflects sluggish consumption as households hoard cash.

COVID resurgences pose risks to APAC’s structured finance deals

Deals in India, Australia, Japan, and South Korea are the ones at most risk.

SG bank loans expand by a record-breaking 3.5% in June

This is the fastest rate of expansion since October 2018.