Lending & Credit

South Korea’s household loans rose by $4.8b in Q4

Loans extended by banks rose by $8.5b during the period.

South Korea’s household loans rose by $4.8b in Q4

Loans extended by banks rose by $8.5b during the period.

South Korea’s household lending accelerates in January

However, there was a fall in housing sale transactions in the past month.

Loan growth ambitions push Indian banks to ‘deposit war’

Loan growth is expected to fall in 2025 with possible intensified deposit competition.

BPI, Helios roll out solar mortgage program in the Philippines

It has a 7% interest rate and has already onboarded 100 new homeowners.

Mizuho invests $145m into Credit Saison India

CS India has 1.2 million active loans and assets under management of $1.2b.

Bank Mandiri’s loan quality improved moderately in 2023: Moody’s

Share of impaired loans were “modestly lower” compared to 2022.

China’s new bank loans hit record high in January: report

Officials are also rolling out more measures to support the economy.

India’s private banks’ NIMs contract 32  basis points in Oct-Dec 2023

Growth in unsecured loans is expected to slow, which will impact credit growth and NIMs.

Chart of the Week: Indian banks’ credit exposure to NBFCs slows in Dec

However, the growth trajectory is still higher compared to a couple of years ago, data showed.

Thai banks brace for a rise in loan defaults in 2024: analyst

The sector grapples with elevated costs and weak loans, S&P said.

Korean financial regulator vows to fight contagion risks from property financing: report

Lee called these real estate PF risks a “detonator” of the South Korean economy.

APAC banks face mounting credit losses from property exposure

Credit losses could rise 7% to $490b in 2023, S&P Global Ratings projected.

Thai banks’ credit costs rise as tech difficulties, bad loans pile up

Despite their targets to decrease costs, three banks saw them rise instead.

Commercial property woes weigh on Hong Kong banks

But receding risks in mainland China properties will help offset impact, says Fitch.

Citi Korea to enjoy strong capitalisation, stable credit profile through 2025: Moody’s

The bank’s winding down of its consumer banking business is a positive.