Lending & Credit

Gia Dinh Bank to issue bills of exchange again in 2011

Gia Dinh Bank will continue issuing short-term bills of exchange for the second time in 2011.

Gia Dinh Bank to issue bills of exchange again in 2011

Gia Dinh Bank will continue issuing short-term bills of exchange for the second time in 2011.

Vietnam banks warned for violating interest rate regulations

The State Bank of Viet Nam warned leaders of Kien Long Bank and Western Bank for interest rate violations.

ICBC anticipates growth in consumer loans

Industrial and Commercial Bank of China expects significant growth in its personal consumer loan business over the next five years.

Vietnam inspectors say banks gave loans to wrong borrowers

Vietnam International Bank, Military Bank, Techcombank, Sacombank and Asia Commercial Bank are being blamed for a loss of around US$7.6 million to...

Bank Panin targets eyes 25 % lending growth

PT Bank Pan Indonesia is eyeing a 25 per cent growth from its 2010 lending total of US$6.2 billion.

Ex-IBK president recommended to head KEB

Yun Yong-ro, ex-president of the Industrial Bank of Korea, has been recommended to head KEB, a Hana Financial spokesman said.

Mizuho to fund Vietnam coal projects

Mizuho Corporate Bank will provide financial services for Vinacomin's investment projects.

Over 30% of enterprises worry about the tightening of bank lending in 2011

67.4% of companies in China experienced overdue payment in domestic sales in 2010.

CP Group acquires $1.47B expansion loans from 8 Thai banks

The Charoen Pokphand Group will acquire financing totaling 1.47 billion from eight local banks to support its business expansion plans.

State-owned Bangladesh banks disburse 40% agri-loans

The four state-owned commercial banks and two specialized banks in Bangladesh  have disbursed 40% of special agricultural loans within seven and a...

Malaysia's private sector net financing up $2.37B

Loan demand remained robust with higher loan applications, particularly from the household sector.

Duc Long inks credit contract with Vietinbank

Duc Long Gia Lai Group signed the credit contract for upgrading and expanding National Highway No 14  with Vietinbank. The project will be conducted...

Yunus still Managing Director, claims Grameen Chairman

Grameen Bank Chairman Muzammel Huq said that founder of the bank Nobel laureate Prof Muhammad Yunus is still holding his post as managing director.

Vietnam banks ordered to prioritise industrial, farm lending

Vietnam's commercial banks will double compulsory reserves if they fail to reduce the proportion of outstanding loans made to the non – manufacturing...

CDB aims to double the $118.6B grassroots lending

China Development Bank witnessed the robust growth of grassroots finance in 2010.

ICBC starts process restructuring and service innovation

ICBC will increase core competence and maintain sustainable development through process restructuring, improved innovation and service capability.

SCB unveils 2011 SME lending strategies

SCB announced ts SME lending strategies for 2011, highlighting a diverse range of innovative credit programs and attractive promotional campaigns all...