Lending & Credit
Security Bank’s SB Finance launches Car4Cash in the Philippines
Car owners can gain access to as much as PHP2m.
Security Bank’s SB Finance launches Car4Cash in the Philippines
Car owners can gain access to as much as PHP2m.
Local bond market’s problems heighten Chinese banks' credit risks
The bond market’s repayment woes may force banks to make concessions for the sake of financial stability.
Baiduri Bank’s margins likely tepid in 2021, but with profits satisfactory: S&P
The bank is expected to see moderate credit growth and satisfactory profits.
Public Bank reassures COVID-hit loan customers it will continue to offer support
The bank has assisted over 160,000 customers affected by the pandemic.
Taiwanese bills finance companies to be unaffected by recent COVID surge: Fitch
The country’s economic resilience has eased BFCs’ operational pressures.
Standard Chartered grants first green banker’s guarantee in ASEAN
ENGIE is building an underground district cooling system for Singapore.
South Korea’s Hana Bank floats $600m in ESG bonds: report
It carries an annual interest rate of 1.25%.
South Korean banks’ bad loan ratio hits record low in Q
Ratio of bad loans to total lending came at only 0.62% as of end-March.
BRI Agro partners with Payfazz to offer digital banking solutions
Payfazz agents can now offer Pinang’s savings, lending solutions to their 10 million customers.
APAC banks face time bomb of risks amidst new climate change policies
Those who drag their feet when it comes to ESG compliance face a future of impairments, reputational damage.
China’s $1.3t domestic debt hurtles to maturity as defaults surge: report
The huge debt, unprecedented pace of defaults underscores local authorities’ conflicting goals.
China injects $15.5b cash into the financial system to maintain liquidity: report
The nation’s top leaders recently described economic recovery as “unbalanced and unstable.”
Singapore bank loans down for 10th straight month, but recovery in sight
The 0.2% drop in March was the smallest decline recorded since the indicator turned negative in June last year.
MUFG grants $50m loan to California’s largest hydrogen fuel station business
FEF operates more than half of the US state’s hydrogen stations.
Lending remains in doldrums despite APAC’s improved credit conditions
About 18% of the region’s financial institutions still have a negative outlook, says S&P.
South Korean banks to extend $3.1b in loans to low-income citizens
They can expect to secure loans worth up to around $26,000 (KRW30m) per person.
China's central bank urges banks to curb loan growth for rest of 2021: report
The surge in lending during the first two months of the year stoked bubble risks.