China Mortgage
China’s new bank loans plummet in July amidst COVID fare-ups, property jitters
Analyst warned that new lending may continue to disappoint in the near term.
Property woes, unemployment threaten structure letting Chinese banks offload bad loans
NPL securitisations allows banks to sell NPLs to a vehicle.
Mortgage boycott threatens Chinese banks’ loan quality
This highlights the need to tighten regulatory oversight of escrow accounts, Fitch said.
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1. UOB to take legal action against Yang Kee Logistics’ ex-CEO 2. UOB unveils FDI Advisory Centre in South Korea 3. Singapore places fourth for most ‘ATMs near me’ Google searches 4. RCBC boosts rural presence with ATM Go 5. Singapore’s financial sector turns to contract hiring for cost controlResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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