Lending & Credit
Malaysia's private sector net financing up $2.37B
Loan demand remained robust with higher loan applications, particularly from the household sector.
Malaysia's private sector net financing up $2.37B
Loan demand remained robust with higher loan applications, particularly from the household sector.
Duc Long inks credit contract with Vietinbank
Duc Long Gia Lai Group signed the credit contract for upgrading and expanding National Highway No 14 with Vietinbank. The project will be conducted...
Yunus still Managing Director, claims Grameen Chairman
Grameen Bank Chairman Muzammel Huq said that founder of the bank Nobel laureate Prof Muhammad Yunus is still holding his post as managing director.
Vietnam banks ordered to prioritise industrial, farm lending
Vietnam's commercial banks will double compulsory reserves if they fail to reduce the proportion of outstanding loans made to the non – manufacturing...
CDB aims to double the $118.6B grassroots lending
China Development Bank witnessed the robust growth of grassroots finance in 2010.
ICBC starts process restructuring and service innovation
ICBC will increase core competence and maintain sustainable development through process restructuring, improved innovation and service capability.
SCB unveils 2011 SME lending strategies
SCB announced ts SME lending strategies for 2011, highlighting a diverse range of innovative credit programs and attractive promotional campaigns all...
ICBC pledges support for China's publishing industry
ICBC agreed to loan at least US$9.1 billion to China's press and publication sector over the next five years.
Vietnam loan growth slows in Jan as dong lending slips
Vietnam bank loan growth slowed in January and dong lending slipped. Businesses are seeking dollar loans and sold dong to take advantage of a gap...
NAB plans slashing exit fees for home loan switchers
The bank’s initiative of paying $700 fee charged by rivals sound commercial decision for the good of customers.
IBK net income up 5.3% on improved lending
Industrial Bank of Korea's fourth-quarter earnings rose 5.3 percent from a year earlier on improved lending margins.
Vietnam bank loans to double by end 2013
Bank loans in Vietnam will double by the end of 2013 on the back of subsidized interest rate schemes and large consumer credit demand.
Malaysian banking sector anticipate loans growth
Banking statistics for December 2010 was seen by analysts as a good round-up for 2010’s sector loans growth.
BNI to receive $150M loan from US Exim Bank
BNI will receive a US$150 million loan from US Exim Bank to improve its liquidity, and to finance Indonesian importers.
EastWest Bank reduces mortgage financing interest to 5.88%
EastWest Bank has recently introduced its lowest home loan interest rate of 5.88 per cent fixed for the first year.
BPI loans out entire P10-B stock rights proceeds
BPI has loaned out the entire amount of its recently-raised P10 billion capital in its 2010 loan portfolio.
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