Lending & Credit
Anti-Money laundering group to explain Thai position
The Anti-Money Laundering Office will explain Thailand's position after the Financial Action Task Force labelled the country "high-risk".
Anti-Money laundering group to explain Thai position
The Anti-Money Laundering Office will explain Thailand's position after the Financial Action Task Force labelled the country "high-risk".
ANZ to protect margins with increased interest rates
ANZ chief executive Mike Smith promised to protect future profits by again raising lending rates independently of the Reserve Bank.
Thailand's KBank to lend $9.85M to Chinese car maker
The Kasikorn Group will lend Dongfeng Automobile more than US$9.85 million as the latter builds its presence in Thailand.
ICBC processes over $15.8 B inter-bank bill discounts in 2011
ICBC Bill Department has processed outright inter-bank discount of bills to a total of over RMB 100 billion or US$ 15.887 billion in 2011. Nearly 70%...
Pakistani banks failing to mobilise deposits
While Pakistani banks are earning profits, they failed to mobilise deposits which fell between June and November 2011 and in January 2012. There was...
ICBC offers equipment leasing service for SMEs
ICBC Leasing has provided equipment leasing service for 300+ SMEs with credit facility totaling over RMB 5 billion in 2011.
ICBC Beijing posts over 60% growth in small business loans in 2011
ICBC Beijing branch's total outstanding small business loans grew more than 60% to nearly RMB 15 billion by end-2011.
High bank costs for Australia's Big 4 attributed to Euro crisis
A senior offical of Australia's Reserve Bank attributed claims by the big four banks that funding costs are rising to the European crisis.
ANZ warns of another rate rise as cost pressure continues
ANZ Bank warned of more unilateral interest rate increases as funding markets remain fragile and could blow out again.
Malaysian intitutions alerted against US FATCA
Malaysian financial institutions were asked to make an impact assessment on the proposed FATCA regulations.
Vietinbank Board Member now Deputy Head of SBV's credit department
VietinBank Board Member Tran Xuan Chau has been appointed Deputy Head of the Credit Department of Vietnam's central bank.
China's bank lending drops by almost a third in January
Fear of inflation is keeping bank lending in check in a big way.
Indonesia to standardize commercial bank interest rates
Unable to lower commercial bank interest rates, Indonesia's central bank decided to nominate the rates beginning the close of the first quarter.
NAB and Commbank decision on rate increase, awaited
After ANZ and Westpac's increased interest rates independently of the Reserve Bank, analysts are expecting Commonwealth Bank and NAB to follow suit.
ANZ, Westpac lift rates for mortgage, small business
ANZ and Westpac increased interest rates for mortgages and small business by six and ten basis points.
Japan bank lending up for 4th straight month
Aided by steady demand for business funds in areas hit by the massive March earthquake, Japanese bank lending grew 0.7 percent in January from a year...
Loans from China's Big 4 hit $50.8M in January
China's "Big 4" banks extended about US$50.8 million of new loans in January, reports China Securities Journal.
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