loan

The facility is collateralized by SME loans by Validus’ Singapore arm.

Since being launched in April 2020 it has disbursed S$13.3b to FIs in support.

It’s the first phase of a $150m package for expanding SME lending, reducing greenhouse gas emissions.

Car owners can gain access to as much as PHP2m.

The bond market’s repayment woes may force banks to make concessions for the sake of financial stability.

Mortgages and credit card demand rose, whilst unsecured credit hit a historical low.

Ratio of bad loans to total lending came at only 0.62% as of end-March.

Emerging banks in Asia continue to be in a tough operating environment, says Fitch.