Lending & Credit
Singapore's MAS extends scope of loan deferments
Starting 6 May, individuals with specific loans may apply to defer repayments until 31 December.
Singapore's MAS extends scope of loan deferments
Starting 6 May, individuals with specific loans may apply to defer repayments until 31 December.
Major Australian banks to absorb higher credit losses: report
Credit losses are likely to rise six times from historic lows in 2019.
Coronavirus drags on Chinese leasing firms' profits
Those with no parent banks to bail them out will be the most severely impacted.
Economic slump will drag Australian banks' loan performance: analysis
Wider effect will depend on stimulus measures and severity of disruption.
OCBC Singapore to hand out $698m in SME loans by 30 June
The bank will pass all cost savings to SMEs by lowering the interest rate.
Sumitomo Mitsui Financial Group to halt funding for coal plants
This marks the 18th global financial institution to exclude coal for funding in 2020.
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
Citi rolls out relief measures for APAC customers
The bank is offering waivers for credit card clients and commercial clients.
DBS provides $122.08m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Chart of the Week: India's retail loans will reach $566.7b in 2023
It reached a 17% CAGR to $319.1b in 2018.
Chart of the Week: Half of Korean banks' loan quality imperiled by prolonged COVID-19 outbreak
This could impact the broad service and manufacturing sectors that make up about 58% of loans.
Mapletree Investments clinch $316.7m sustainability loan from OCBC
This is Mapletree Group’s fourth sustainable finance transaction with the bank.
HDFC bank appoints new Additional Non-Executive Director
Karnad has been associated with the property and mortgage industry for over 40 years.
India's shadow banks hit with $15.1b in debt repayments
Meeting the deadlines will be a challenge given the domestic funding crunch.
World Bank launches $12b COVID-19 package for developing countries
It aims to strengthen countries’ health services and support the private sector.
OCBC enables instant car loan approvals
It only takes 60 seconds to approve a loan.
Maybank, ING top creditors of embattled trader Agritrade
The Singapore-based commodity trader owes $303.11m to the two banks.
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