Lending & Credit
Weekly Global News Wrap: Absa signs $497m deal to boost African lending; Goldman Sachs' consumer arm earned $822m
And Citibank appoints David Chubak as head of retail banking.
Weekly Global News Wrap: Absa signs $497m deal to boost African lending; Goldman Sachs' consumer arm earned $822m
And Citibank appoints David Chubak as head of retail banking.
India's Religare Finvest may see 49% haircut with rare debt recast
Its lenders have reportedly agreed to write off almost half of its $808m debt.
Indonesia's Bank BRI's mobile app cuts loan approval process to 2 minutes
Loans can be between $35 to $1,417.
Japan's central bank begins lending ETFs to investors
This is part of its move to enhance market liquidity for the instrument.
APAC NBFIs face negative outlook in 2020
Indian and smaller Chinese companies are amongst the most vulnerable.
More Indian NBFCs to go overseas amidst funding crunch
Local funding remains constrained as providers pull back amidst a slowing economy.
Chart of the Week: Singapore domestic loans up 2.6% in October
This is its fastest expansion since February 2019.
Indonesia's non-bank financial firms could face closures in 2020: analyst
The minimum capital requirement may force them to consolidate or even cease operations altogether.
Liquidity pressures to loom over India's NBFCs in 2020
Wholesale and housing finance companies are the most vulnerable.
CIMB allocates $12m for micro SMEs
Micro SMES may received financing of up to $11,991.
Tokocrypto gets go-ahead to trade cryptocurrency assets in Indonesia
This allows the platform to buy and sell assets such as Bitcoin and Ethereum.
China's central bank trims lending rate to 2.5%
This is the first such cut in more than four years.
Malaysia's central bank extends maximum tenor of repo to 5 years
This expands the previous deadline of only one year.
Upbeat outlook from Chinese banks' profits masks growing problems for small banks
Although growth is decelerating, the performance of Chinese banks has been resilient so far. Net profits of listed banks grew robustly in Q3 2019...
Non-Performing Assets in India: An analysis over the years
The origination of the ongoing crisis of Non-Performing Assets (NPA) in India cannot be attributed to a single event nor can it be confined to a...
Indian Banking: Rappelling down the NPA wall
Deteriorating asset quality led to enhanced provisioning, reduced profitability and a subdued capital position has created a challenging period for...
UOB issues $140m of maiden green loans
It will be used to build a hotel and a construction and prefabrication hub.