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. DBS and OCBC face weaker Q1 profits despite wealth gains 2. HSBC unveils biggest wealth centre in Singapore 3. Hang Seng and HSBC launch Hong Kong’s first tokenised unlisted gold ETF class 4. DBS and OCBC seen lifting buffers as credit costs rise 5. SWIFT payment framework targets clearer fees and faster tracingResource Center
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ING maintains a clear position that its AI strategy is grounded in responsibility and sustainability.
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