Lending & Credit
South Korean bond issuance soared 73.5% to $17.5b in July
This is due to higher sales of low-grade bond issues through private placement.
South Korean bond issuance soared 73.5% to $17.5b in July
This is due to higher sales of low-grade bond issues through private placement.
South Korean banks' consumer loans rise 2.3% in July
People scrambled to buy apartments before prices rose too high.
Indian banks rush to lend against $1.5t hoard of gold
Firms are expanding their gold-backed loans to accommodate families sitting on $1.5t hoard of the precious metal.
Singapore bank loans skid for fourth straight month in June
Total loans fell 1% YoY, the first since 2016.
South Korea's corporate loans rise sharply amidst the pandemic
Loans soared 14.9% from January-May compared to a year earlier.
Majority in APAC still hope to move from LIBOR despite pandemic: poll
Three-fifths have have seen their transition plans grinding to a halt.
Singapore banks' trading print to offset lower interbank rates
Loan growth for the major banks are likely to be 1-2% QoQ.
Non-bank lending to flourish in Asia as incomes diminish
More than two-thirds have prepared for active borrowing.
Falling borrowing costs won't save India's embattled shadow lenders
Worries mount of rising bad debts as the pandemic crisis leaves millions jobless.
Weekly Global News Wrap: Central bankers push to drop Libor by end-2021; Wells Fargo posts $2.4b Q2 loss
And regulators race to enact cross-border payment rules to counteract Facebook.
South Korean banks to reduce lending in Q3: survey
Credit risk scores for the sectors are likely to record an increase, says the Bank of Korea.
MUFG to expand lending business in Thailand with Grab investment
Chief executive Hironori Kamezawa hinted on shifts in their overseas strategy.
South Korean banks' delinquency rate shrinks in June: report
But this was due to more lending out rather than a decline in overdue loans.
China's credit growth peaks as PBOC brakes on easing
The gain will likely last for the short term.
Chinese banks should brace for bad loans: CBIRC
Outstanding non-performing loans totalled $514b in end-June.
Australian banks' loan deferral extension targets 'cliff' risks: Fitch
It will also give borrowers headroom to examine their financial conditions.
Australia's big banks to extend loan repayments for select customers
But customers who can resume paying their loans are required to do so.