Lending & Credit
BCA, Mandiri top $1.1B net profit in 2011
Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits.
BCA, Mandiri top $1.1B net profit in 2011
Bank Mandiri and Bank Central Asia may have broken the US$1.1 billion or Rp 10 trillion mark in net profits.
Malaysian banks to post 7% earnings growth this year: Analyst
Malaysia's banking sector is expecting a seven percent earnings growth this year.
Loans gush from top Chinese banks
The Big Four Chinese banks ramp up lending in an effort to stave off a further weakening of the Chinese economy.
Agribank to double lending growth by 2015
Agribank aims to expand its operations and double its credit growth by 2015 even as it undergoes a partial privatisation.
Chinese banks loosens stranglehold on struggling property market
China begins to relent after two years of resorting to almost Draconian measures to cool down an overheated property market.
CIMB Niaga to lend $19.7M to Hotel Sahid
Hotel Sahid Jaya will use US$13 million from the US$ 19.7 milion it will borrow to refinance its loans from Mega Bank.
Mandiri to lend $20.79M to oil palm cooperatives
Bank Mandiri will disburse loans to cooperatives of oil palm farmers to boost the amount of credit disbursed to SMEs this year.
ICBC now allows cash advances through mobile phones
ICBC rolled out its "cardless cash advance" service that could be availed through mobile phones.
Bank of China, Huaxia Bank offer lowest rates for first-home buyers in China
Chinese banks have begun offering preferential loan rates for first-home buyers.
Bank Mandiri allocates $4.3 B for SMEs
Bank Mandiri is allocating about 4.3 billion U.S. dollars of loans to SMEs across the country this year,
Possible consequences of letting Chinese banks buy time
The Financial Times and other media outlets reported yesterday that the Chinese authorities plan to “instruct” banks to roll over their credits to...
Car manufacturer urges banks to be considerate in implementing guidelines
Perodua urged local banks to implement new guidelines in stages to allow a soft landing for both the players and consumers.
Maybank expects Indonesian unit to grow loans by 20%
Bank Maybank Indonesia expects lending to grow by 20 percent this year, according to a top executive.
Chinese investors in massive retreat from loans
China’s Big Four banks have less and less to cheer about as the year stumbles on.
Malaysia's automotive loan guidelines pulls down car sales
New guidelines for automotive loan borrowers will be discussed following the 25 % drop in sales of new motor vehicles last month, says Proton.
Higher education loans in Malaysia to be coursed through Maybank or Bank Islam
All loan applicants under the PTPTN must open an account with the SSPN through Maybank or Bank Islam.
Malaysia's Finance Ministry, banks boost aid to rural entrepreneurs
Malaysia's Finance Ministry along with banks have created a finance cluster to help traders and entrepresenurs in Rural Transformation Centres ...
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