Lending & Credit
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
Singapore bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
MUFG grants $50m loan to California’s largest hydrogen fuel station business
FEF operates more than half of the US state’s hydrogen stations.
Lending remains in doldrums despite APAC’s improved credit conditions
About 18% of the region’s financial institutions still have a negative outlook, says S&P.
South Korean banks to extend $3.1b in loans to low-income citizens
They can expect to secure loans worth up to around $26,000 (KRW30m) per person.
China's central bank urges banks to curb loan growth for rest of 2021: report
The surge in lending during the first two months of the year stoked bubble risks.
China’s central bank urges banks to curb loan growth for rest of 2021: report
The surge in lending during the first two months of the year stoked bubble risks.
KASIKORNBANK arranges first credit facility using new Thai Overnight Repurchase Rate
Holding company Central Group received more than $20m under the credit facility.
Sumitomo Mitsui Banking Corp, JICA launch sustainable finance framework
The framework will apply to overseas co-finance loans.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
Manulife US REIT secures US$250m sustainability-linked loan from DBS, OCBC
This is the REITs’ first sustainability-linked loan.
Hong Leong floats green vehicle financing for Singapore vehicle rental firms
The Vehicle-Green Loan offers a rate as low as 1.5% per annum.
HSBC floats plan to phase out coal financing by 2040: report
The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.
Lower credit costs to drive Singapore banks' earnings rebound in 2021
Sufficient provisions, steady capital positions should reduce risks in the near term.
DBS provides $60m structured trade facility to Indonesia petrochemical producer
Chandra Asri aims to expand export growth of petrochemical products from the country.
China's central bank offers $31b liquidity for banks' medium-term loans
The PBOC said authorities won’t make 'sharp turns' in monetary policy.
DBS raises sustainability finance target to $50b by 2024
Companies have doubled down on ESG commitments due to the pandemic, the banks noted.