Lending & Credit

How Maybank Islamic is helping Halal SMEs tap into a $2.6t global industry

In just over a month, sales of halal products the bank helped distribute in a Singapore supermarket totalled S$25,000.
5 hours ago

How Maybank Islamic is helping Halal SMEs tap into a $2.6t global industry

In just over a month, sales of halal products the bank helped distribute in a Singapore supermarket totalled S$25,000.
5 hours ago

Recent rate cuts to shave off $7.2b from Chinese banks’ net interest income

The impact on mortgage loans will not be felt until January 2023.
3 days ago

Bad loans of Philippine alternative lenders to decrease in 2022: study

The rate of their bad loans has hovered around 10% to 10.5%.
3 days ago

ING appoints ex-Westpac senior director as head of real estate finance in Australia

Darren Beatty has worked for the institutional banking teams of Westpac and CBA. 
3 days ago

Financial institutions key for energy investments, B&R Initiative to go green: PwC

Decisions on green finance now will lock in emissions trajectories for decades.

South Korean banks' lending fell in December

This marked the first on-month decline for a month of December since 2004.

Relaxed monetary policies impart little boost on new lending in China

Banks remain cautious over credit quality–and further cuts will do little to change their minds.

Philippine banks’ bad loans total $9.41b in November 2021

The figure is a slight improvement from October’s gross NPLs.

UnionBank to buy Citi’s Philippine consumer banking franchise for $908m

Around 1,750 Citi employees are expected to transfer to UnionBank.

HSBC grants HK$1b green loan to Chinachem Group

The group plans to cut in half its carbon emissions by 2030.

South Korea’s corporate loan growth quickened in Q3: report

This was thanks to a rise in loans made to the service sector during the period.

South Korean banks’ average mortgage rates hit three-year high: report

The 3.26% interest rate average is its highest since November 2018.

UOB simplifies and amplifies Singaporeans' green energy journeys with U-Energy

The bank seeks to help address the energy crisis and rising electricity costs, says UOB’s Jasper Wong.

Henderson Land secures HK$2.5b green loan from Bank of China Hong Kong

The loan is unsecured and has a tenure of three years.

Citi raises record $40b sustainable financing for APAC clients in 2021 YTD

This was thanks to Alibaba’s $5b offerings and a $2.5 bond issuance by SK hynix.