Lending & Credit
Bank Rakyat's branch surpasses I-Aslah loans target
Bank Rakyat's Pasir Mas branch exceeded its target for the I-Aslah loans scheme in giving out loans totalling more than RM31 million for the first...
Bank Rakyat's branch surpasses I-Aslah loans target
Bank Rakyat's Pasir Mas branch exceeded its target for the I-Aslah loans scheme in giving out loans totalling more than RM31 million for the first...
Maybank Singapore launches two new home loan packages
The first package is the Hybrid Rate Home Loan and the second package is the Ceiling Rate Home Loan.
BNI lends 122% more for infrastructure as of March
Bank BNI disbursed US$1.16 billion or Rp 10 trillion in infrastructure loans as of March. This is an increase of 122 per cent from Rp 4.5 trillion at...
IDBI Home Finance ready to merge with parent firm
IDBI Home Finance got a go signal top merge with its parent IDBI Bank from the Corporate Affairs ministry.
Leveraging new opportunities for managing investments
Companies across Asia are seeing significant increases in the amount of cash they are holding.
Bank Rakyat to boost Islamic pawn broking business
Bank Rakyat will open 13 Ar-Rahnu X'Change Franchise branches to bring its total to 30 branches this year.
ABC boosts SME financing
By end of 2010, ABC's SME customers reached 63,485 and small-sized enterprises were 39,965, with an increase of 2,076 and 2,338 respectively compared...
ICBC Bill Department optimizes business portfolio
The ICBC Bill Department registered a transaction turnover of more than US$132.5 billion and US$158 million in profit.
CIMB Thai targets 20% loan growth
The lender also plans to issue $990.59mn in bonds to strengthen capital.
Foreigners’ investment in short-term bonds in Thailand up by $2.55bn
Japan's disaster and high uncertainty in the world economy prompted local and foreign investors to focus on short-term bonds.
Vietnam Development Bank to cut loans by 10.5%
VDB cut its target of disbursing loans to investment projects by US$143.9 million, or 10.5 per cent, to US$1.19 billion in 2011.
Sacombank inks $5M credit contract with Norwegian fund
Norfund will provide a $5 million to Sacombank-SBL for 5 years.
Oceanbank cuts lending rates to support exporters
Oceanbank cut dollar and dong lending interest rates from March, 2011 to support exporters who committed to sell back dollar income to the bank.
Siam Commercial to auction shareholding in SICCO
SCB will divest its shareholding in SICCO through a public auction. With this process, Siam Commercial Bank will ensure that it openly canvasses a...
ABC to intensify support for government-subsidized housing
ABC will keep close watch on relevant policies to intensify its efforts in supporting the construction of government-subsidized housing, while shift...
CIMB Niaga micro-lending doubles to $19.03mn
The lender was able to release $57.25mn in 2010 as the lender sees room for further optimization on business behind huge market potential.
China banks ordered to "properly handle" mortgage loans
The China Banking Regulatory Commission ordered banks to "properly handle" problems related to housing loans and protect the rights of customers...
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