Lending & Credit
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.
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.
KASIKORNBANK arranges first credit facility using new Thai Overnight Repurchase Rate
Holding company Central Group received more than $20m under the credit facility.
Sumitomo Mitsui Banking Corp, JICA launch sustainable finance framework
The framework will apply to overseas co-finance loans.
Clear skies ahead for Aussie banks as economy improves
Banks can withstand NPL growth due to loan loss reserves.
Manulife US REIT secures US$250m sustainability-linked loan from DBS, OCBC
This is the REITs’ first sustainability-linked loan.
Hong Leong floats green vehicle financing for Singapore vehicle rental firms
The Vehicle-Green Loan offers a rate as low as 1.5% per annum.
HSBC floats plan to phase out coal financing by 2040: report
The bank caved to investor pressure that called for the reduction of loans, underwriting services to fossil fuel companies.
Lower credit costs to drive Singapore banks' earnings rebound in 2021
Sufficient provisions, steady capital positions should reduce risks in the near term.
DBS provides $60m structured trade facility to Indonesia petrochemical producer
Chandra Asri aims to expand export growth of petrochemical products from the country.
China's central bank offers $31b liquidity for banks' medium-term loans
The PBOC said authorities won’t make 'sharp turns' in monetary policy.
DBS raises sustainability finance target to $50b by 2024
Companies have doubled down on ESG commitments due to the pandemic, the banks noted.
South Korean banks' loan delinquency rate flat in November
Compared to November 2019, delinquency rate is down 0.14 percentage points.
South Korean banks' household loans hit $896b in 2020
This was pushed by a sustained rise in mortgage loans.
South Korea mulls tightening rules on overdrafts: report
Household debt reached a record high of $1.47t in June.
APAC banks' problem loans to double by 2022: Moody's
India and Thailand are the most vulnerable.
China's shadow banking credit growth to slow in H2: Moody's
The upcoming lower interest rates on informal lending will kick on growth prospects.
China's MSE loan programme to strain banks' profitability
The banking system is expected to extend $420b in new loans to micro and small businesses.