Lending & Credit
NAB CEO allays fears on home loan debt
Clyne said the current European financial crisis has yet to affect its funding costs.
NAB CEO allays fears on home loan debt
Clyne said the current European financial crisis has yet to affect its funding costs.
Korean government to impose stricter requirements on banks
Banks are required to meet the loan-to-deposit ratio of 100% by June 2012, earlier than the existing deadline of end 2013.
UCO Bank launches loan center for SMEs
The lender’s SME loan processing centres facilitate loan applications with credit requirement ranging from $55,666 to $5.57mn.
Debt threats: China’s alarming credit-to-GDP ratio jumps from 120% to 166% in March 2011
Total system credit financing also increased by 71% to Rmb26.7 tn during 2009 and 2010.
Risk of bank debt rising as regulators 'dreaming'
Ringfencing is on the agenda but regulators may be dreaming if they think it will stop contagion, warns Fitch Ratings.
Krung Thai cuts interests for punctual credit card payments
Krung Thai Bank introduced a special campaign to debtors under the government’s debt refinancing scheme for credit cards making a payment punctually...
Bangkok Bank, Kasikornbank extend power plant loans
Bangkok Bank and Kasikornbank Senior signed a contract for the banks to provide financial support of Baht 7.9 billion for Amata B.Grimm Power to...
China regulator lays down policies to aid SMEs
CBRC measure to help small businesses in some coastal areas whose condition at present is worse than during the peak of 2008 global financial crisis...
Chinese banks prepare for more bad loans
Chinese banks may see their asset quality fall at some time in the future if the country's monetary tightening policies and liquidity squeezes...
Siam Commercial Bank increases loan target to 15%
Yet despite strong loan growth, the bank's net interest margin for the first quarter was 3.14%, below the expected 3.2%.
Sumitomo, consortium eye RHB stake
Sumitomo Mitsui Banking Corp and a private equity consortium are eyeing a 25% stake in RHB Capital Bhd.
StanChart Vietnam offers e-saver
Standard Chartered Bank Viet Nam has offered 12 per cent interest on current accounts. E-Saver current account customers will enjoy 12 per cent...
Maybank’s Indonesian unit first quarter loans up 41%
Corporate loans posted the highest growth of 48% while consumer and SME and commercial lending soared by 39% and 38%.
NAB steps up campaign to generate more loans
The bank believes its campaign of offering to pay the exit fees for mortgage customers who desert its competitors is key in outpacing the market.
India urges lenders to increase farm lending
Indian government seeks support from banks for the growth of the sector.
Bank Mandiri to take active role in weaponry development
State-owned Bank Mandiri will finance the construction of two 40-meter missile boats for the Indonesian Navy. The deal is worth Rp 65.97 billion or...
Small-loan firms sprout in China
China's small-loan business kept expanded rapidly in the first quarter with additional 3,027 small loan companies by end of March.
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