Lending & Credit

ICBC focuses on extending credit loans to SMEs in 2012

ICBC will aggressively extend the "Small Convenient Loan", credit loans to small and micro enterprises, in areas in China where a lot of small and...

ICBC focuses on extending credit loans to SMEs in 2012

ICBC will aggressively extend the "Small Convenient Loan", credit loans to small and micro enterprises, in areas in China where a lot of small and...

Small Vietnamese banks breach interest-rate cap

After lying low for several months, several banks, especially smaller ones, appear to be again breaching the 14 per cent cap.

Maybank Offers Six-month Moratorium For Flood Victims

Maybank is offering a six-month moratorium for flood victims till June 30, 2012.

Philippines expects loan growth in 2012

The Bankers' Association of the Philippines (BAP) believes demand for loans will grow by 15% to 20% this year because of the country’s sound...

Macao's private sector lending down 0.3 % in November

Macao's loans to local private sector decreased by 0.3 percent month-to-month in November to US%20.57 billion.

Chinese central bank bans bill sales ahead of Lunar New Year

The People’s Bank of China will suspend sales of its three-month bills ahead of the Lunar New Year holiday on Jan. 23.

VietinBank's leasing arm to hike chartered capital

The State Bank of Vietnam has issued a decision to amend the chartered capital of VietinBank-CTG’s Financial Leasing one-member Ltd Co.

Indonesian banks asked to slash interest rates to fuel growth

Indonesia's commercial banks were told to cut interest rates on loans to less than 10 percent to fuel economic growth.

Chinese regulators reclassify local govt debts as corporate loans

Local government debts in China are being reclassified as general corporate loans to ease banks’ provisioning requirements for potential bad loans.

Mizuho to increase overseas branches from 33 to 50

The lender also plans to buy an investment bank in Asia.

Myanmar reduces bank loan interest rate

Myanmar reduced bank loan interest rate from 12 percent to 10 percent to encourage private entrepreneurs to carry out business undertakings. Aimed...

BIDV lowers interest rates again

BIDV lowered interest rates for exporters, agricultural producers and small companies by 0.5 percentage points starting December 19.

Korea's self-employed get 33.9% of SME loans

The amount of money borrowed by self-employed entrepreneurs in South Korea accounted for 33.9 percent of all loans taken out by SMEs.

Korea's bank loans to self-employed people reach $88.8B

Bank loans in South Korea taken out by self-employed business owners reached a record high in November.

Macao's private sector lending up 0.1% in Oct.

Domestic loans to local private sector in Macao is up 0.1 percent in October.

BIDV offers low-interest loans for exporters

BIDV will provide a package of preferential loans worth VND5 trillion or US$240 million to boost exports in select sectors.

Techcombank to support SMEs with German loan

Techcombank will use a long-term loan from the German Investment and Development Company to assist small and medium-sized businesses in Vietnam.