Lending & Credit
Macao increases private sector loans in April
Macao's loans to local private sector increased 1.3 percent month-to-month in April to US$21.56 billion.
Macao increases private sector loans in April
Macao's loans to local private sector increased 1.3 percent month-to-month in April to US$21.56 billion.
Malaysian and Indian banks broker deal to boost trade
Malaysia-India trade stands to improve with the recent deal among a Malaysian and two Indian banks.
China liberalizes interest rates
China raised the ceiling on deposit rates to 110 percent of the benchmark from 100 percent. This is in addition to the parallel 25-basis-point cut in...
S. Korea's Eximbank pursues repayment from N. Korea's Chosun Trade Bank
South Korea's Export-Import Bank of Korea has called on North Korea's Chosun Trade Bank to pay back food loans that became due this week.
Agribank offers $477M in low-interest loans for exporters, importers
Agribank will provide preferential loans worth VND 10 trillion or US$477.4 million for exporters and importers at a 12% annual interest rate.
Malaysia's Exim Bank collaborates with India's ICICI Bank and Yes Bank
Export-Import Bank of Malaysia has signed a collaborative deal with India's ICICI Bank and YES Bank, to further enhance Malaysia-India trade.
ANZ takes credit for delaying interest rate cuts
ANZ is claiming credit for initiating independence from the central bank in determining interest rates.
Credit slowdown lingers in China
China's lending and deposit rates remain stable, while outstanding loans still show a downtrend.
CBRC worried over Chinese banks' risky behaviors
Chinese banks are urged to focus on raising capital than taking on more risks.
Singapore's bank lending in April up 0.6%
Singapore's bank lending totaled 340.1 billion U.S. dollars in April, up from 338.0 billion U.S. dollars in March, according to statistics by the...
Korean banks in cutthroat fight for customers
Korean banks are luring new customers by offering them great deals.
ANZ targets top spot in Indonesian lending business by 2015
ANZ Indonesia will focus on lending to exporters as it aims to be Indonesia’s leading lender to commercial businesses within three years.
Internet banking not popular in Indonesia
Transaction complexity is holding back the growth of Internet banking in Indonesia.
S. Korean lending rate declines in April
The weighted average annual rate for new loans extended by South Korean banks went down 3 basis points in April to 5.71 percent.
Citibank India to expand consumer banking
Citigroup, Inc plans add one million new customers from India’s middle class as it expands its credit card business.
Chinese banks finally open up to private capital
China’s decelerating economy has compelled China’s banks to accept private investments to generate funds for lending to small and medium enterprises...
Chinese businesses shun bank loans as economy worsens
China’s banking sector is lending less and less because of the spreading economic slowdown.
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