Lending & Credit
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
Chinese banks post loan recovery in March, but further growth unlikely
A fiscal stimulus is needed to spur demand.
Citi rolls out relief measures for APAC customers
The bank is offering waivers for credit card clients and commercial clients.
DBS provides $122.08m sustainable loan to HK listed REIT
Proceeds will be used for general corporate funding purposes.
Chart of the Week: India's retail loans will reach $566.7b in 2023
It reached a 17% CAGR to $319.1b in 2018.
Chart of the Week: Half of Korean banks' loan quality imperiled by prolonged COVID-19 outbreak
This could impact the broad service and manufacturing sectors that make up about 58% of loans.
Mapletree Investments clinch $316.7m sustainability loan from OCBC
This is Mapletree Group’s fourth sustainable finance transaction with the bank.
HDFC bank appoints new Additional Non-Executive Director
Karnad has been associated with the property and mortgage industry for over 40 years.
India's shadow banks hit with $15.1b in debt repayments
Meeting the deadlines will be a challenge given the domestic funding crunch.
World Bank launches $12b COVID-19 package for developing countries
It aims to strengthen countries’ health services and support the private sector.
OCBC enables instant car loan approvals
It only takes 60 seconds to approve a loan.
Maybank, ING top creditors of embattled trader Agritrade
The Singapore-based commodity trader owes $303.11m to the two banks.
China lets banks waive bad loans from COVID-hit firms
Qualified businesses can apply for delays until end-Q2.
CIMB Singapore announces new measures for coronavirus-hit firms
Tourism-related firms are eligible for a $1m loan with a 5% interest rate.
Chinese banks' latest LPR cut to derail NIMs, profits
Loan prime rate dropped 10 basis points to 4.05% on February 20.
DBS converts $758m bank guarantee facility into green facility
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility.
DBS Group prices $1.4b issue at 3.3%
The deal is said to bear the lowest coupon for any AT1 USD deal in the world.
MUFG prices world's first ESG-linked issuance for Sydney Airport
It is also the world’s first US Private Placement issuance.