Lending & Credit

1 in 5 of OCBC’s home, renovation, and car loans now green

The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.

1 in 5 of OCBC’s home, renovation, and car loans now green

The Singapore bank has extended over S$3.5b of green loans in two years and targets a 10% growth in 2023.

Improved mortgages to support ANZ’s earnings over the next two years

Net interest margin improved 7bps in the six months ending 31 March 2023.

PH banks missing out on revenue from growing middle class market

Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional...

Public Bank raises interest rates by 0.25%

Its standardised base rate will now be 3%, whilst base lending rate is 6.72%.

Hong Kong banks reminded they may engage with virtual asset entities: central bank

There have been more comments from foreign firms on the difficulties of opening a bank account.

Vietnam’s Techcombank sees net profits slide 17.1% in Q1

Net interest income fell, but net fee income rose.

How will China’s new rules on asset classification affect banks?

The new measures expand on classifying asset risks of banks.

Chinese banks' bad loans to hit $95b in 2024

Stress from property sector continues to weigh.

Digital finance platform Funding Societies has disbursed $3b of funding to SMEs

The company offers lending, payments, and collections services.

Hong Kong new-to-credit market tread path to recovery

The city reported 127,000 NTC customers in 2021.

ADB and GEAPP commit $35m towards clean energy

The partnership targets to have clean energy access and transitions within South and Southeast Asia.

MUFG halfway to its 2030 sustainable finance target

The bank has funded JPY19.4t as of 2022, over halfway to its JPY35t target by 2030.

Cambodia’s Phillip Bank teams up with property development Sarita Waterside

Foreign investors can enjoy a buy back option when purchasing villas at Sarita Waterside.

MUFG Bank invests over $230m in Indian fintech DMI Finance

It has serviced over 11 million customers as of end-2022.