Lending & Credit
PH banks maintained loan standards in Q1
PH banks maintained loan standards in Q1
An estimated 3 in 4 banks maintained credit standards for housing loans.
Indonesian banks gave out more new loans in Q1
But the number is lower than in Q4 2023 and will slow down further in Q2.
South Korean banks’ loan delinquency rate rise in February
Corporate, SME, and household loans all saw their delinquency rates rise.
PH’s BillEase clinched $5m investment from Credit Saison lending arm
BillEase has achieved profitability in 2023 and delivered 47% return on equity.
VPBank’s asset quality at risk amidst housing slowdown
About 1 in 5 of its loans are real estate loans.
Thailand’s Kiatnakin Phatra Bank’s loan portfolio to benefit from rising car prices
Used cars make up 62% of the bank’s hire purchase loans.
Tighter money supply strains Indonesian banks’ margins
Whilst margins may rise in the short-term, margins could fall deeper in the long-term.
BNPL provider Atome Financial doubles operating income in 2023
It’s BNPL services are now profitable, the company said in a press release.
Thailand’s TISCO maintains strict credit policy as car loans fall
It will maintain its high dividend payout but won’t heed calls to raise it, analysts said.
Malaysian banks’ asset quality strong but profits to stay flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Taiwan’s domestic banks extended $300.7b in SME loans
This accounts for 65% of all loans extended to all enterprises.
New Sydney investment offers 65% loan-to-value ratio
Conservative lending reflects cautious market sentiment in Sydney's industrial sector.
Maybank offers financial package for registered charities
They offered the first recyclable grant in Singapore.
Korean banks to ease lending standards for companies and mortgages
But banks are expected to tighten lending standards for household loans.
Property malaise weighs on China and Korean banks
Most of APAC banks have a stable outlook for 2024, says S&P.
Superapps to help drive BNPL userbase to 670 million by 2028
Superapps like WeChat and Grab are adopting and offering BNPL services to users.
Revised rules bolster car loans but with influx of lower quality borrowers
The asset quality of auto finance companies will be tested.