Lending & Credit
Korea's household loans soar in June
Household lending among South Korean banks went up last month due to lower borrowing costs and local lenders'efforts to expand loans. According to...
Korea's household loans soar in June
Household lending among South Korean banks went up last month due to lower borrowing costs and local lenders'efforts to expand loans. According to...
Vietnam Eximbank allocates VND2 T for exporter loans
The Vietnam Eximbank allocated VND 2 trillion to lend local exporters at interest rates of 19.5% p.a. The loan program lasts for 6 months, designed...
Hong Kong banks help provide elderly with financial options
Seven Hong Kong banks joined the Mortgage Corporation’s Reverse Mortgage Programme to help provide elderly with additional financial planning option...
CIMB Niaga to provide loans to 7-Eleven suppliers
CIMB Niaga will lend financial assitance to 7-Eleven suppliers.
Bao Viet Bank raises demand deposit interest rates to 12%
Bao Viet Bank raised demand deposit interest rates for businesses to the highest of 12% per annum.
ACB, Sacombank found violating interest rate support
Government investigators found Asian Commercial Bank and Sacombank violating interest rate support.
SRR hike no visible impact on banks' credit growth : OSK Research
The decision to raise the Statutory Reserve Requirement by 100 basis points to 4.00 per cent effective July 16, is unlikely to have any visible...
Japan bank lending on 19th month of decline
Outstanding loans of Japanese banks fell 0.6 % in June from a year earlier.
SME Bank on target for RM1.5 B loan dispersal
SME Bank is on target to disburse RM1.5 billion in loans by year-end.
SC First Bank punished for illegal metal loan service
South Korea's financial watchdog penalized SC First Bank for its violations of local banking laws such as the illegal handling of metal loan services...
VGS and ABBank sign 100b dong credit contract
Vietnam-Germany Steel Pipe Joint Stock Co signed a short term credit contract worth 100 billion dong ABBank's Vinh Phuc branch to support its working...
Offshore RMB market strengthens HK's status: report
The offshore RMB market will strengthen the competitiveness and status of Hong Kong as an international financial center, according to the Economic...
Vietnam banks struggle to lower non-manufacturing sector loans
Six of 17 banks in Ho Chi Minh City are struggling to slash credits for non-productive sectors to 22% of their total outstanding loans.
ICBC provides petty loans for individual industrial and commercial households
ICBC rolled out the pilot service of personal petty loans to meet their funding needs, providing small RMB loans for their short-term working capital...
SCB-KTB extend loan to Index Living Mall
Siam Commercial Bank has been appointed as the mandated lead arranger for a 4.01-billion-baht syndicated loan with Krung Thai Bank to Index living...
Bangkok Bank joins JBIC in helping Japanese companies in Thailand
Bangkok Bank and the Japan Bank for International Cooperation will help Japanese companies in Thailand with a new lending program called "Two Step...
Singapore banks show stunning loan growth at 24.2% YoY
And this is driven by business loans which expanded 27.5% in May.
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