Lending & Credit
World Bank issues world’s first “women’s bonds”
Will raise money for businesses owned or run by women.
World Bank issues world’s first “women’s bonds”
Will raise money for businesses owned or run by women.
Philippines’ Metrobank ties-up with 46 Japanese banks
Will help Japanese expand Philippine operations.
Peer-to-peer lending growing 20% in China
Banking assets also rise 20% annually.
NPLs become a booming business for Korean banks
Generates annual return rate of up to 10%.
India’s Yes Bank takes on US$125 million loan from IFC
Will use it as loans to SMEs.
BEA unveils 2013-2014 tax loan programme
It'll run until 18 December.
China to better tackle NPLs
Wary that spike could threaten structural reforms.
Yakuza loan scandal widens
Shinsei Bank admits doing business with mobsters.
Hong Kong, Singapore among eight NBAD banking hubs
Part of NBAD’s plans for domestic and international expansion.
Philippine bank lending rises 16%
Supports sustained expansion of productive sectors of the economy.
Alibaba goes into online fund sales
Financial products will soon be available on Taobao.
Zhang Wencai named vice president of the Asian Development Bank
Currently with China’s Ministry of Finance.
Singaporean SMEs want their own bank
Bank will focus financing small- and medium-enterprises. SMEs have renewed their call for a bank that will focus on providing financing to their...
China launches online credit information service
Service began Oct. 28. Chinese living in nine provincial-level regions (including Beijing and Guangdong) can look up their personal credit reports...
Asian countries plan tougher oversight on western credit rating agencies
Meet in Tokyo to consider slashing reliance on raters. Asian countries discussed efforts to decrease their "mechanistic" reliance on western credit...
Check out how property-centric Hong Kong's banking system is
Half of all loans are linked to property.
China will expand pilot consumer finance program
Ten more cities will be added to program.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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