Lending & Credit

Bank of Korea needs to lower interest rates: ING research

A "new neutral" policy interest rate for the Bank of Korea is required by the new normal world.

Bank of Korea needs to lower interest rates: ING research

A "new neutral" policy interest rate for the Bank of Korea is required by the new normal world.

Singapore's bank lending growth slows in Oct.

Singapore dollar lending in October grew a modest 0.3 percent to 406.5 billion Singapore dollars only.

ABBank to keep bad debts ratio below 3% until year end

ABBank aims to keep its bad debts ratio below 3% until the end 2011.

Vietnam banks may have insufficient funds to invest in debt

According to Bloomberg, Vietnam’s two-year government bonds snapped a three-day rally.

Korean lenders to increase loan-loss reserves by over 20 %

Korean lenders will increase their loan-loss reserves by more than 20 percent to cope with a potential global financial crisis.

Singapore banks warned on threats from foreign currency loans

The central bank warns of a sudden spike in global risk aversion that can hurt the Singapore banking system.

Morgan Stanley to put up Indonesian brokerage

Morgan Stanley plans to set up a brokerage business in Indonesia in the middle of next year to capitalize on its accelerating economy.

Chinese banking regulators warn lenders on risks from unprofitable gov't projects

And worse, loans to property developers are doomed to sour as sales slow.

OCBC Bank issues loans to acquire Australian properties

OCBC Overseas Property Financing-Australia is also a ringgit-based loan.

Temasek and Khazanah hire banks for S$5b property development loans

Eight lenders will contribute to the five-year bullet facility, according to Bloomberg.

Korean banks increase long-term foreign borrowing

South Korean banks rushed to secure long-term foreign currency loans to prepare for a possible crisis.

China banks NPL ratio down 1.84%

The ratio of non-performing loans by Chinese banks at the end of September fell 0.6 percentage points to 1.84 percent  less than the end of 2010.

Private lending in China may be monitored: central bank official

The Chinese government may put up a monitoring system for private lending activities.

Indonesian banks asked to trim lending rate

Indonesian banks were asked to decrease their interest rate in order to help spur economic growth.

Vietcombank ascribes high bad debts to auditing standards

Vietcombank attributed its high bad debt ratio to its international auditing standards in evaluating bad debts.

Bank Saudara to offer $22.6M in bonds forf loans expansion

Bank Himpunan Saudara will issue two series of bonds worth Rp 200 billion or $22.6 million to help finance its loans expansion.

India’s banking system outlook changed to negative: Moody’s

Analysts anticipate that asset quality will deteriorate over the next 12-18 months, given the tightening environment.