Lending & Credit | Asian Banking & Finance

Lending & Credit

State Bank of India posts massive profit increase
	LENDING & CREDIT \| 4 hours 18 min ago India’s largest bank records an incredibly huge jump in profits after generous government support. Read ››

Chinese commercial banks' NPL ratio below 1%
	LENDING & CREDIT \| 18 May 12 The non-performing loan ratio in the first quarter for China's commercial banks went down by one percent from last year at 0.9 percent. Read ››

Demand for loans remains weak for Chinese banks
	LENDING & CREDIT \| 17 May 12 Lack of new loans continue to haunt China's four biggest banks in the first two weeks of May. Read ››

Exim Bank Malaysia to disburse $486M in loans
	LENDING & CREDIT \| 15 May 12 Exim Bank Malaysia had approved RM800 million or US$259M in loans as of April, according to its Managing Director/CEO Datuk Adissadikin Ali. Read ››

Individuals to drive banking growth in India
	LENDING & CREDIT \| 15 May 12 India’s bankers remain confident that extending credit to individuals is the correct path to growth. Read ››

Reserve ratio to be cut again in China
	LENDING & CREDIT \| 14 May 12 China takes another step to shore-up its beleaguered banking sector. Read ››

BNZ prefers to offer fixed interest rates
LENDING & CREDIT \| 13 May 12 Home buyers are interested in a short-term fixed loan, this is the observation of Bank of New Zealand retail director Andy Symons. Read ››

Bandhan targets 30% growth
LENDING & CREDIT \| 10 May 12 Bandhan Financial Services set a 30% growth target for 2012-13 after growing by 50% last fiscal. Read ››

HKMA, Bank Negara and Euroclear Bank launches joint post-trade service
LENDING & CREDIT \| 07 May 12 They aim to process cross-border Asian debt securities transactions centrally via a single link through the Common Platform. Read ››

HSBC sees Philippines as major renminbi market
	LENDING & CREDIT \| 07 May 12 HSBC’s push to become the largest international renminbi bank also targets the Philippines. Read ››

Corporate demand for bank credit wanes in China
	LENDING & CREDIT \| 03 May 12 Bank lending might have plunged 30% in April from March. Read ››

India in denial over S&P downgrade of financial system
	LENDING & CREDIT \| 02 May 12 India seems hesitant to accept the reality of a negative rating from Standard & Poor's. Read ››

SBI aims 19-20 % credit growth
LENDING & CREDIT \| 23 Apr 12 State Bank of India eyeing a credit growth of 19-20 percent in the current financial year. Read ››

Danamon's Q1 lending up 23% with $11.6B
	LENDING & CREDIT \| 23 Apr 12 Bank Danamon fueled a 23 percent year-on-year growth in loans for Indonesia’s in the first quarter of 2012. Read ››

Banks are bullish on Malaysian SMEs
	LENDING & CREDIT \| 23 Apr 12 Malaysian banks have a winner in the country’s growing legion of small and medium enterprises. Read ››

Vietnam to miss target growth for business loans
	LENDING & CREDIT \| 23 Apr 12 Despite assurances to the contrary from the government, Vietnam will not loan as much to private business as it planned. Read ››

Moody’s rates Hong Kong’s and China’s banking industry
	LENDING & CREDIT \| 19 Apr 12 Ratings agency Moody's Investors Service affirms the stability of the banking system in Hong Kong and China. Read ››

Chinese banks cut mortgage rates
	LENDING & CREDIT \| 16 Apr 12 Mortgage interest rates are falling in Chinese first-tier cities with the gradual recovery of the property market. Read ››

ANZ raises mortgage rates
LENDING & CREDIT \| 15 Apr 12 ANZ raised it standard variable rate by 6 basis points, or 0.06 percentage point, to 7.42percent, effective April 20. Read ››

Sacombank earmarks $48M soft loans for prioritized borrowers
LENDING & CREDIT \| 15 Apr 12 Sacombank is earmarking one trillion dong or US$48 million for soft loans to agro-forestry andfisheries sectors until May 11, 2012. Read ››

Other Aussie banks could follow ANZ's rate rise lead
LENDING & CREDIT \| 14 Apr 12 Australia'sthree other big banks are not ruling out interest rate hikes after ANZ's rate increase on home and small business loans. Read ››

Chinese banks intensify lending
	LENDING & CREDIT \| 13 Apr 12 Chinese banks lent a record US$160 billion in March in a bid to boost China’s faltering economy. Read ››

BNI’s Q1 performance ‘on track’
	LENDING & CREDIT \| 10 Apr 12 BNI collected up to Rp 1.8 trillion or US$198 million in new mortgages in the first three months of 2012. Read ››

VietinBank’s Laos branch to sign $20M credit contract with telco netwrok
LENDING & CREDIT \| 06 Apr 12 VietinBank’s Laos worked with Unitel on detailed agreements to prepare for signing a credit contract worth $20 million. Read ››

S.Korean banks reluctant to lend households
	LENDING & CREDIT \| 03 Apr 12 South Korean banks are reluctant to lend households in the second quarter due to their weaker capability to repay debts. Read ››

Will bad debts continue to hurt Chinese banks?
	LENDING & CREDIT \| 03 Apr 12 Reports say that China's non-performing loans surged to US$68b at the end of 2011 - is this the start of a looming credit crisis in China? Read ››

Union Bank to focus on retail lending
	LENDING & CREDIT \| 02 Apr 12 Union Bank will focus on retail lending and aim at improving customer service, says its new CMD, D Sarkar. Read ››

Nepalese banks' credit flow down by 5%
	LENDING & CREDIT \| 01 Apr 12 The credit flow of 32 Nepalese commercial banks to various sectors dropped 5 percent in the first seven months of the current fiscal year. Read ››

Philippine central bank accredits 4 rural financial institutions
LENDING & CREDIT \| 01 Apr 12 The Bangko Sentral ng Pilipinas has accredited four rural banks as rural financial institutions. Read ››

Viet Capital Bank targets 17% credit growth
	LENDING & CREDIT \| 29 Mar 12 Viet Capital Bank is targetting a credit growth target of up to 17 percent, according to its business plan for 2012. Read ››

Philippine banking system quite profitable
	LENDING & CREDIT \| 29 Mar 12 Its rising incomes should see Philippine banks lend more as the Philippine economy continues on its growth curve. Read ››

Bad debt ratio of Korean banks up in Feb
LENDING & CREDIT \| 27 Mar 12 The bad debt ratio for loans extended by Korean banks rose in February. Read ››

Tata Capital sets its sights on Asian M&As
LENDING & CREDIT \| 27 Mar 12 The financial services arm of India's Tata Group is on the lookout for profitable acquisitions. Read ››

Malaysian banks hopeful of double digit loan growth
LENDING & CREDIT \| 26 Mar 12 Standard Chartered Bank Malaysia projects retail loan growth at single digit; however, there are other growth triggers for corporate loan growth. Read ››

BCBS accepts S. Korea's monetary stabilization deposit proposal
LENDING & CREDIT \| 25 Mar 12 The BCBS accepted South Korea's proposal to ease monetary stabilization account deposit rules that can reduce the burden on lenders. Read ››

South Korea to probe bank loans
	LENDING & CREDIT \| 25 Mar 12 South Korea's central bank will evaluate loans extended by major banks to households and firms in a bid to ensure financial stability. Read ››

Union Bank of India hit by Moody’s downgrade
	LENDING & CREDIT \| 20 Mar 12 Moody’s Investors Service downgrades the rating of Union Bank of India, one of India's largest state-owned banks. Read ››

Malaysia's corporate loans expected to surge
	LENDING & CREDIT \| 19 Mar 12 More corporate loans are expected In Malaysia this year and offset the expected slowdown in household loans this year. Read ››

Woori Bank raided over lending irregularities
LENDING & CREDIT \| 18 Mar 12 Police raided the headquarters of Woori Bank on suspicionof irregularities and bribe taking in exchange for giving massive loans for a resort project. Read ››

HSBC Malaysia to finance coal power plant for $2.1B
LENDING & CREDIT \| 15 Mar 12 HSBC Bank Malaysia will finance a 1,000MW coal-fired power plant in Tanjung Bin for US$2.114 billion. Read ››

PRINT EDITION HIGHLIGHTS

India’s banks struggle as economy softens

Brother, can you spare a Rupee?

What are the interesting IT trends among Asian banks?

Challenging times and stiffer regulatory requirements are forcing banks to explore latest technologies that would help them lower operational costs while seeking new revenue streams.

FATCA: Blessing or burden to Asia?

As the US pushes for stricter regulations to avoid tax evasion, Asian banks are forced to follow implementation and remediation requirements by 2015. Question is, are they ready? Roxanne Uy investigates.

IT providers to reap benefits of banking liberalisation in Asia

Burgeoning of Asian banks leads to increase in IT spend. Krisana Gallezo reports.

Business bankers are confident of Asian growth even as Europe threatens

As European banks start to deleverage and restrict lending to Asia amid the sovereign debt crisis, fears of a credit crunch abound - but are these worries overdone? Find out as Roxanne Uy reports.

RMB set to beat USD as the main currency for cross-border trade

The internationalisation of RMB is providing banks with opportunities to enhance their cash management structures in the face of a USD liquidity shortage — but does a shortage really exist until now? Find out as Roxanne Uy investigates.

Bankers probe for more efficient custody & clearing platforms

Asian banks are challenged to have a system that embeds sufficient functionality into their end-to-end infrastructure. How are they faring so far? Roxanne Uy reports.

ATM makers hope to squeeze cash out of system

New software even promises better truck delivery routes.

SG banks step in where US banks fear to tread

Why retail lending origination excellence is important in Asia

Lend me that money!