Lending & Credit

Relaxed regulation heightens Thailand banks’ systematic risks: S&P

NPL ratio is expected to rise to its highest since the 2009 financial crisis.
2 days ago

Relaxed regulation heightens Thailand banks’ systematic risks: S&P

NPL ratio is expected to rise to its highest since the 2009 financial crisis.
2 days ago

Vietnam’s HDBank clinches $50m loan to finance green projects

Green projects have the potential to create over 1,350 jobs in the country.
3 days ago

UOB unveils green financing solution to push EV adoption in Singapore

It creates a one-stop ecosystem that connects its users to EV car dealers.

Financial institutions face four emerging challenges as digitisation ramps up

FIs role as the middleman is under threat as tech firms mull offering financial services.

Banks welcome launch of Wealth Management Connect in Guangdong-Hong Kong-GBA 

BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.

Large, mid-sized Chinese banks’ capital pressures easing: Fitch

Stress test shows NPL ratio likely to rise, but not to levels PBOC expects, the ratings agency said.

Weekly Global News Wrap: Americans miss BNPL payments; Wells Fargo fined $250m

And Mastercard bets on crypto with acquisition of CipherTrace.

Loan forbearance extension clouds Indonesian banks’ asset quality for longer

The extension is a positive for their asset quality and profits, but credit costs will remain elevated.

CIMB Philippines launch revolving credit product REVI Credit

It can grant as high as a $5,000 credit line to customers.

Bank of China’s diverse portfolio to weather default storm over next two years

BOC’s non-performing asset ratio is expected to steadily decline in the next 24 months.

More mergers of small Australian banks imminent: analysts

Two mergers were announced in August alone, and as regulatory costs remain high, more might seek to consolidate.

Philippine lender SB Finance teams up with FinScore to enhance credit scoring power

SB Finance said it will use FinScore’s solution to predict the creditworthiness of borrowers.

Hong Kong’s ZA Bank launch new credit card repayment feature

Users can pay their credit card bills issued by any bank through ZA Bank, for a period of up to 72 months.

New Zealand’s expected interest rate hike to raise banks’ profits: Fitch

However, its impact on earnings may take some time to rise as mortgages are not yet due.

Japan’s bank lending slowest in nine years: report

The slowdown reflects sluggish consumption as households hoard cash.

COVID resurgences pose risks to APAC’s structured finance deals

Deals in India, Australia, Japan, and South Korea are the ones at most risk.

India’s COVID surge to impede borrowers’ debt repayment capacity: Moody’s

The economy will return to growth by end of the fiscal year, but asset quality will remain in doldrums.